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New York and the World
Joined April 2009
Shares in Europe’s biggest luxury firms trade at the cheapest levels in more than a decade, with results from Hermès International and LVMH Moët Hennessy Louis Vuitton dashing hopes that an industry slump will end anytime soon. bloomberg.com/news/articles/…
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Ahead of the Bank of Japan’s decision next week, a veteran Bloomberg reporter looks back at decades of deciphering what policymakers are trying to tell us bloomberg.com/news/newslette…
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Fallout from MSCI’s warning that it may remove Indonesia from its global equity indexes is spilling into corporate credit, causing risk premia on dollar bonds of local companies to widen to a six-year high over Asian peers. bloomberg.com/news/articles/…
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North American Blue Energy Partners, which is partnering with the US government to develop Venezuelan oil fields, is deploying a sixth drilling rig as it ramps up production in the South American country, according to a person familiar with the company’s operations. bloomberg.com/news/articles/…
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Prague preserved its historic core while other European capitals rebuilt. Now billionaire-backed projects are transforming old rail yards and industrial land into entirely new neighborhoods. bloomberg.com/news/features/…
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