Tag: Bloomberg

• Saturday, December 18th 2021 - 09:38 UTC

  Bloomberg's pessimistic outlook of Chile's once shinning future

  

  For decades, Chileans watched from afar as their South American neighbors grappled with galloping inflation, financial crashes, and extreme political swings, destabilizing forces that compelled the wealthy to send hundreds of billions of dollars to havens in Switzerland, the Cayman Islands, or the U.S.

• Tuesday, June 29th 2021 - 09:20 UTC

  Argentina falls down to worst place to be during pandemic according to Bloomberg ranking – US the best

  

  The United States is now the best country to be during the coronavirus pandemic while Argentina is the worst option, according to a list of 53 nations reviewed by economy media outlet Bloomberg released Monday.

• Thursday, October 1st 2020 - 08:40 UTC

  China planning self sufficiency in pork, beef and dairy produce to cut foreign dependency

  

  Bloomberg news agency reports that China, the world's largest producer and consumer of pork in the world, has set a long-term goal to ensure that domestic supply is sufficient to meet 95% of demand.

• Saturday, August 22nd 2020 - 09:40 UTC

  Venezuela, Argentina and Colombia among the highest rates in Bloomberg's Misery Index

  

  Bloomberg’s Misery Index, which tallies inflation and unemployment outlooks for 60 economies shows that almost all of the economies surveyed are projected to be more miserable this year amid Covid-19, with analysts expecting increased joblessness and tepid growth.

• Tuesday, December 17th 2019 - 07:39 UTC

  Bloomberg fined 5 million Euros in France for a report based on a fake news release

  

  France's financial markets watchdog on Monday hit Bloomberg with a five million euro (US$5.6 million) fine for a report based on a fake news release that triggered a plunge in the shares of French construction giant Vinci and wiped billions off its market value.

• Wednesday, August 14th 2019 - 08:57 UTC

  Facebook again caught ignoring privacy practices: it paid contractors to transcribe audio clips from its services

  

  Facebook Inc has been paying outside contractors to transcribe audio clips from users of its services, Bloomberg reported on Tuesday, citing people familiar with the matter. The company confirmed that it had been transcribing users' audio, and said it was no longer doing so, Bloomberg reported.

• Wednesday, December 12th 2018 - 08:41 UTC

  China prepared to cut tariffs on US-made cars to 15%, reports Bloomberg

  

  China has reportedly proposed cutting tariffs on US-made cars to 15%, the same tax levied on car imports from other countries. Bloomberg reported that China's cabinet will review the plans, which would undo the 40% import duty China imposed on US cars this summer.

• Friday, August 31st 2018 - 08:41 UTC

  Trump threatens to withdraw the US from the World Trade Organization

  

  President Donald Trump has threatened to withdraw the US from the World Trade Organization (WTO) if the body fails to change the way it treats America. “If they don't shape up, I would withdraw from the WTO,” Mr. Trump said in an interview with Bloomberg News.