Bloomberg Business

As economists gauge the likelihood of recessions in major economies around the world, a slew of recent data show that a downturn is already evident when it comes to global commerce.

All of a sudden, the short-volatility trade is back on Wall Street as billions of dollars pour into options-selling ETFs like never before.

Olam Group Ltd. said its first-half profit sank about 90% due to lower crop yield from its almond orchards, dealing a setback to the agricultural commodities trader that’s seeking to list its unit in Saudi Arabia.

The auditor of billionaire Gautam Adani’s ports business is planning to resign, people familiar with the matter said, a move that may heighten concerns about accounting quality at the Indian conglomerate targeted by short seller Hindenburg Research.

The US is holding back a rare cargo of Polish wheat being imported into Houston, a move that may spark tensions with the European Union, according to people familiar with the matter.

For Giorgia Meloni, wielding power in Italy now means steering the country’s biggest businesses too.

Hundreds of people are still missing after wildfires turned the historic Hawaiian town of Lahaina into ash and rubble, as the official death toll rose to 55.

US Treasuries are on course for a record year of inflows as investors chasing some of the highest yields in months pile into cash and bonds, according to Bank of America Corp. strategists.

Peru’s central bank held its benchmark interest rate steady for a seventh straight month late on Thursday as inflation remains above target even after a recent slowdown.

Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak demand in the world’s second-largest economy that raises the risk of prolonged deflation pressure.