A closely watched bond-market gauge of expected US inflation is rising back toward a nine-year high, signaling concern the Federal Reserve may continue to wrestle with elevated price pressures for years.
UK Energy Secretary Grant Shapps is set to examine potential changes to the price cap on household power and gas bills as part of a wider drive to restore competition to the sector.
A debt crisis that rivals China Evergrande Group’s default may be brewing in the world’s second-largest economy.
DKV Mobility, the fleet services firm backed by CVC Capital Partners, is restarting work on a planned listing that could take place as soon as October, people familiar with the matter said.
Greensill Bank AG’s administrators are seeking more than $400 million from Zurich Insurance Plc in London lawsuits to recoup the defunct lender’s losses on controversial investments linked to Credit Suisse and Liberty Commodities Ltd..
The Italian government’s partial u-turn on plans for a new banking windfall tax will likely allow lenders to keep their promises on shareholder returns intact, according to analysts.
Sri Lanka’s central bank cut the amount of cash that commercial banks need to keep as deposits in an attempt to bolster liquidity in the domestic money market.
Hoa Phat Group, Vietnam’s biggest listed steelmaker, will halt production at a blast furnace for three months for periodic maintenance, according to a person familiar with the matter.
Walt Disney Co.’s ESPN has signed a long-term exclusive agreement with casino operator Penn Entertainment Inc., licensing its brand for sports betting and deepening the media giant’s ties to the growing online gambling business.
The Minneapolis area has seen an increase in rental units, thanks to a regional effort that included new zoning rules.
