Bloomberg Business

Barrick Gold Corp. won’t be pressured into making any major acquisitions even as its rivals pursue a flurry of dealmaking in the mining industry, Chief Executive Officer Mark Bristow said.

Volvo AB is recalling nearly all battery-powered electric trucks in the US that were made over the past four years because of an issue that may potentially cause a battery fire.

Mexico and Canada have replaced China as the top providers of goods to the US as a nearshoring push encourages more diversified supply chains.

Canada’s merchandise trade balance recorded its second consecutive monthly deficit on falling exports.

Dish Network Corp. is proposing to buy EchoStar Corp., the satellite network operator it once owned, in an all-stock deal valued at about $4 billion as billionaire Charlie Ergen works to turn his struggling legacy pay-TV business into a wireless communications company.

As the Washington DC region’s transit system struggles to regain ridership to pre-pandemic levels, its operator is tapping the municipal-bond market for the second time this year to finance sustainability projects.

Beyond Meat Inc. plunged after the plant-based meat company backed away from a key financial target and cut its sales outlook, sparking fresh doubts among investors and analysts.

Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in partnership with Infineon Technologies AG, NXP Semiconductors NV and Robert Bosch GmbH.

Credit-card balances surpassed $1 trillion for the first time last quarter in data from the Federal Reserve Bank of New York, showing how even more widespread credit has become among American consumers as the US economy recovered from the pandemic.