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Romaine Bostick breaks down the day’s top stories and trading action leading into the close.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more.
Bank of America Clients Pour the Most Cash Into ETFs Since 2017
IMF Sees Further Decline in Kenyan Foreign Reserves on High Borrowing Costs
Chile Needs More Belt-Tightening Before Any Rate Cut, Central Bank Chief Says
Canadian Retail Sales Slide After Strong October Growth
Morocco Hikes Rates as World Cup Glee Cedes to Economic Reality
Swatch Plans to Stay Out of Second-Hand Market, CEO Hayek Says
Amazon, P&G Fall Short on Environmental Paper Goals, Group Says
Zuckerberg Takes Stand in FTC Case Against Meta VR Acquisition
Musk’s Twitter Draws Deeper FTC Scrutiny Over Rising Privacy, Security Concerns
Big Tech Divided and Conquered to Block Key Bipartisan Bills
US Seeks Fresh Dispute-End Trade Talks on Canada Dairy Quotas
Sunak Digs In Over Nurses’ Pay as UK Health Service Faces Crisis
Retirement Accounts Had a Very Bad Year
Ferrari Heir Sets Up Succession Plan for His Supercar Billions
New Hotels With ‘Conscious Luxury’ Are What’s Stoking Our Wanderlust
Wilson to Start At QB for Jets Vs Jaguars on Thursday Night
A Lamentable Move by the Jan. 6 Committee
Ring In the New Year With a Rapid Covid Test
Bank Of Japan Decision Will Ripple Around the World
Apple Investors’ Loyalty Is Rewarded With a $454 Billion Gift
Child Care Faces $24 Billion Fiscal Cliff as Pandemic Aid Ends
How to Make Cars Safer for Women? Use Crash-Test Dummies That Resemble Them
Taliban Bans Women From Universities in Afghanistan in Latest Blow to Education
Trump Lawyer Pressed Rape Accuser on Claims During Deposition
Five Key Biodiversity Takeaways from COP15 in Montreal
VinFast Gets Regulatory Approval to Sell First Electric SUVs in US
Hackers Rigged the JFK Airport Taxi Line, Prosecutors Say — And Made Hundreds of Thousands
When Buses Are Free But Trains Aren’t
Homeowners Dominate Local Political Leadership. That’s Bad for Renters.
Hedge Funds Are Questioning Crypto’s Future (Podcast)
Jane Street Culture: A View Into SBF’s Roots (Podcast)
Crypto.com’s World Cup Win Is Overshadowed by FTX Industry Chaos
Brazil has an outsized influence on the global environment given that more than 40% of the country is covered in rainforest.
Greg Ritchie
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Brazil’s government could reassert its global climate credentials by selling a bond where the interest it pays creditors hinges on whether the country protects the Amazon rainforest.
That’s the proposal gaining momentum among bankers, investors and researchers, who say the nation should follow in the footsteps of Latin American peers Chile and Uruguay by issuing sustainability-linked debt. In Brazil’s case, the environmental target could be to reduce the area of Amazon deforestation, as verified by a third party.