Brazil Spends $8 Billion to Stem Market Rout Lula Sparked
  • December 19, 2024

Brazil Spends $8 Billion to Stem Market Rout Lula Sparked

(Bloomberg) -- As the currency craters in Brazil, thrusting the country’s markets into the international spotlight for the first time in years, a grim reality is setting in for top economic aides to President Luiz Inacio Lula da Silva. They are, they fear, powerless to do much to stop the panic.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust

China’s ‘Old Shop’ Jeweler Bucks Slowdown With 437% Stock Rally
  • December 19, 2024

China’s ‘Old Shop’ Jeweler Bucks Slowdown With 437% Stock Rally

(Bloomberg) -- If anything glitters in China’s otherwise dour retail jewelery landscape, chances are it just might be from Laopu Gold Co.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe Bejing-based jeweler, whose Chinese name translates to “old shop,” is luring shoppers as it outshines market leader Chow Tai Fook Jewel