Aaron Eglitis

3 days ago | bloomberg.com | Aaron Eglitis

(Bloomberg) -- European Central Bank Governing Council member Martins Kazaks said that tariffs announced by the US were stoking uncertainty and raising the risk of an economic recession in the euro area. “Recession is not currently the base scenario, but with potentially such large-scale changes in geopolitics and global trade, its probability is high,” Kazaks, who is also governor of the Latvian central bank, said in a blog on Monday.

2 weeks ago | bloomberg.com | Aaron Eglitis |Edward Clark

Air Baltic Corp. said in September that a share sale long in the works could raise as much as €300 million. (Bloomberg) -- Latvia has reached out to neighboring countries about investing in Air Baltic Corp AS, its premier said, after the state-owned airline dismissed its chief executive officer ahead of plans for an initial public offering. The airline said in September that a share sale long in the works could raise as much as €300 million ($332 million).

2 weeks ago | bloomberg.com | Aaron Eglitis

Air Baltic dismissed longtime Chief Executive Officer Martin Gauss following a vote of no confidence from the Latvian state, the airline’s main shareholder. The Latvian airline made the decision after reviewing 2024 financial results and plans for an initial public offering, the Latvian Transport Ministry said Monday in a statement. Chief Operations Officer Pauls Calitis will serve as interim CEO, the ministry said in the statement.

4 weeks ago | bloomberg.com | Aaron Eglitis

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...

1 month ago | bloomberg.com | Aaron Eglitis

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...