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“History has repeatedly shown that the sales impact of foodborne illness tends to be fleeting for restaurants,” one analyst noted.
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The USD/JPY advances by some 0.41%, clearing the 200-day Simple Moving Average (SMA) at 158.06, as the Greenback recovers some ground following two days of intervention in the FX markets by US and…
Viktor Hjort, global head of credit strategy & desks analysts at BNP Paribas, joins Scarlet Fu on "Bloomberg Real Yield." They discuss how sectors outside of big tech have been selling debt at a…
Oksana Aronov, head of market strategy, alternative fixed income, JPMorgan Asset Management, joins Scarlet Fu on "Bloomberg Real Yield." They discuss the potential for rate hikes if inflation…
Treasury Secretary Scott Bessent says the K-shaped economy is over, but the data and many economists tell a different story. “I do believe the core inflation is slowing,” Bessent said in an interview with CNBC on Tuesday. “I got sick of hearing about this K-shaped economy.
Glencore will launch a secondary listing in Australia in the latest blow to London’s ailing stock market as miners continue to eye opportunities away from the UK. The mining and trading juggernaut, which is among the largest companies on the FTSE 100 boasting a market cap of £64.4bn, is pursuing the listing following its group’s…
The Bank of Mexico, also known as Banxico, held rates unchanged at 6.50% for the third consecutive meeting, unanimously as expected by most analysts, after ending its easing cycle in May.
