Bloomberg Business

China’s Vital Materials is living up to its name and shows the scale of the challenge facing the US and Europe to come up with alternative supplies.

Greek wildfires have forced evacuations of thousands of holiday-goers while tourists wilted in Sardinia’s near-record heat last week.

Jamie Dimon touched down for JPMorgan Chase & Co.’s golden jubilee in Luxembourg this month in the latest reminder of how the tiny European country is winning big business from Wall Street’s largest banks after Brexit.

India’s market regulator is working to offer instant trade settlement in the cash equity market, one of a range of plans unveiled Monday.

Borrowing costs for India’s lower-rated companies are rising at a faster clip than for higher-rated ones as money from mutual funds dries up, fueling their need to tap private credit, one veteran banker said.

User reports indicated Meta Platforms Inc.’s Instagram is having problems, according to outage detection website Downdetector.

Chinese developer shares are bouncing back after the country’s top leadership pledged to optimize and adjust property policies to ensure the sector’s healthy development. A Bloomberg Intelligence gauge of developer shares climbed as much as 7.9%, the most since Dec. 9, with some traders attributing the gains to a short squeeze.

Rice prices are set to surge after top exporter India banned a large chunk of shipments, adding to stresses on global food markets that have already been roiled by bad weather and the worsening conflict in Ukraine.

The Federal Deposit Insurance Corp. said some US banks incorrectly reported the amount of their uninsured deposits after dozens of lenders restated the figures amid increased scrutiny of such funds.

South Korea’s economic growth accelerated a tad more than expected in the second quarter, with much of the gain resulting from the impact of net trade, as exports fell less than imports.