In the United States, a class-action lawsuit has been filed against the Swiss bank Credit Suisse, alleging that the bank misled investors over business dealings connected to Russian oligarchs. The people and entities behind the lawsuit, which are represented by … Continue reading →

This Monday, the Brazilian central bank announced that Brazil´s public sector posted a primary surplus of 3.5 billion reais in February. The amount is equal to roughly 700 million USD. It is a public sector surplus excluding interest payments. The … Continue reading →

On Monday May 2, 2022, the board of Spirit Airlines (NYSE:SAVE) rejected JetBlue Airway Corp´s (NASDAQ: JBLU) takeover offer, citing anti-trust legislation as the reason behind the rejection. The takeover offer was for $33-per-share, and on Friday JetBlue had sweetened … Continue reading →