Bloomberg

BusinessDesk publishes select articles from international news service Bloomberg, which has more than 1000 journalists spread around the globe.
IMF to chop world growth forecast
World

IMF to chop world growth forecast

Shock after shock is buffeting the world economic outlook, forcing another big cut to IMF growth forecasts, after a big downgrade in April.

Bloomberg 19 Jul 2022
Moving on from covid? The virus has other ideas
World

Moving on from covid? The virus has other ideas

A new wave of covid infections is spreading in Europe, the US and Japan, forcing reassessment of what 'living with' the virus means.

Bloomberg 19 Jul 2022
Chinese mortgage payment strike spreads
World

Chinese mortgage payment strike spreads

As confidence in developers' ability to complete presold homes rises, so does a new movement among Chinese mortgage-holders simply to stop making payments.

Bloomberg 15 Jul 2022
US inflation scorcher tempts 100-point rate hike
World

US inflation scorcher tempts 100-point rate hike

Inflation running at an annual rate of 9.1% in the US is prompting talk of the largest single rate hike - a full percentage point - since the Federal Reserve began inflation-targeting.

Bloomberg 14 Jul 2022