Bloomberg Markets
UK energy supplier Ovo Energy Ltd. is set to pay £11.4 million ($15.3 million) after an investigation by the nation’s watchdog found its actions had put customers at risk.
Bloomberg Markets
Fuel sales in Pakistan have slumped as costlier prices triggered by the Iran war force consumers to cut back, according to AKD Securities Ltd.
Bloomberg Markets
Canal+ SA rose in its debut on the Johannesburg Stock Exchange, with the secondary listing of the French media giant marking the completion of its multi-billion dollar acquisition of African pay-TV giant MultiChoice.
Bloomberg Markets
Iran struggled to get energy exports past the US Navy’s blockade last month, with around 80 million barrels of oil and petrochemicals stranded in waters behind the line, according to a US non-profit advisory group.
Bloomberg Markets
Hong Kong’s Exchange Fund is looking for investment managers who can help it closely track the movement of the S&P 500 Index, according to people familiar with the matter.
Bloomberg Markets
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Bloomberg Markets
China has chosen a new state investment company to help coordinate its overseas metals and mining deals, and counter mounting geopolitical risks that threaten its ability to secure resources, according to people familiar with the matter.
Bloomberg Markets
Meta Platforms Inc. secured a partial victory in its bid to exempt certain services from the scope of strict European Union digital rules after a court said regulators made several legal errors when deciding what to target.
Bloomberg Markets
Bloomberg Markets
India’s central bank said a report that it’s selling gold is “not correct,” pointing to data showing its physical stock of gold has remained unchanged.
Bloomberg Markets
Nippon Paint Holdings Co. and Sherwin-Williams Co. ended their effort to buy Akzo Nobel NV, leaving the Dutch paintmaker to proceed with its planned merger with US firm Axalta Coating Systems Ltd.
NY Times Business
The Organization for Economic Cooperation and Development, in a report, said the Middle East war’s consequences “are likely to be felt for some time.”
Financial Times
Growth rates would tumble to levels rarely seen outside of major global events such as the Covid-19 pandemic
Bloomberg Markets
The fate of the global economy hinges on the conflict in the Middle East that has already stifled growth and could yet trigger recessions and significantly stronger inflation, the OECD said.