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  • Nov 28, 2024

Colombia 12-month inflation through November seen at 5.13%: Reuters poll

Colombian inflation in November is forecast to have hit 0.20% versus the same month a year ago, mostly due to changing food prices, according to a Reuters poll published on Friday, which also saw year-end expectations decline. If the median estimate is met, consumer price increases in November would come in below the 0.47% acceleration seen in the same month of 2023. "We expect a rebound in food inflation, after the deflation that the sector showed in previous months," Colombian bank Bancolombia said in a note.

  • Nov 28, 2024

K-Pop Stars Quit Hybe in Shock Revolt That Slams Studio’s Stock

(Bloomberg) -- K-pop superstars NewJeans pulled the plug on their partnership with Hybe Co., escalating an unprecedented uprising that’s transfixed South Korea, wiping out as much as 7% of the studio’s value on Friday.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe chart-topping girl group called a surprise conference Thursday night and declared

  • Nov 28, 2024

Wall Street macro traders head for worst year since the pandemic

(Bloomberg) -- The world’s banks are on track to report the lowest revenue from foreign-exchange and rates trading since the pandemic, hit by tighter margins and a challenging macroeconomic backdrop. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasListen to the Bloomberg Daybreak Europe podcast on Apple, Spotify or anywhere you listen.Over 250 firms

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