Bloomberg Business

Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly expanding pile of cash.

Air Canada lifted its outlook for the second time in three months, joining US airlines in posting big revenue gains on international routes.

President Joe Biden blasted China’s economic problems as a “ticking time bomb” and referred to Communist Party leaders as “bad folks,” his latest barb against President Xi Jinping’s government even as his administration seeks to improve overall ties with Beijing.

US producer prices picked up in July, primarily due to increases in certain service categories, highlighting the choppy nature of getting inflation back down to target.

The latest deadline in the race for a Bitcoin ETF approval is just around the corner, and many market-watchers expect fans to be disappointed if regulators punt on making a decision.

Citigroup Inc. is taking a less upbeat line on Egyptian bonds about three months after turning optimistic about their prospects, as concern builds over the cash-strapped nation’s slow progress in selling state assets.

A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern and Southern Europe for goods transport as well as passengers during the height of the summer travel season.

The tourist town of Lahaina has been reduced to rubble, in what’s likely Hawaii’s biggest-ever natural disaster.

West Africa’s economic bloc moved closer to intervening to overturn a coup in Niger, as global outrage grew over the treatment of deposed President Mohamed Bazoum.

The UK economy delivered its strongest quarterly growth in more than a year, a surprising show of resilience that will keep pressure on the Bank of England to raise rates further.