Bloomberg Business

Investment dollars from the Inflation Reduction Act alone won’t be enough to overcome risks from labor, politics, private investment and public demand.

Large parts of Germany will be hotter than normal through this week, driving up energy demand for cooling in the region’s biggest economy.

Javier Milei began and ended his victory speech shouting “Long live freedom, dammit!” and proceeded to thank his sister, who he described as “the boss,” and his five dogs who are all named after economists that libertarians like him worship.

China’s yuan fell to the weakest level since November after a series of disappointing economic figures added to concern about the nation’s sputtering growth.

China surpassed Greece as the world’s largest shipowner for the first time in one important metric, cementing its importance in the transport of goods and raw materials across the globe.

Video app sees livestreaming as a way to enhance commerce effort 

Emerging-market investors faced a growing roster of challenges on Monday ranging from a populist turn in Argentine voter preferences to looming debt defaults in China and a rare government criticism of Russia’s central bank.

A year ago this week, US President Joe Biden signed into law the landmark Inflation Reduction Act, pouring hundreds of billions of dollars into efforts to respond to the climate crisis and boost the nation’s reliance on clean energy. This year, the world has seen devastating wildfires, extreme weather and war combine to further destabilize food and energy markets and push power grids to their limits.

The eruption of Mount Etna in Sicility forced Catania airport and surrounding airspace to close, leaving passengers stuck on the Mediterranean island or en route to their summer vacation at the height of the travel season.