BlackRock Inc. has named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the asset manager’s commitment to the oil industry in the middle of a highly politicized debate about its role in ESG investing.
Country’s seaborne crude flows are down by 780,000 barrels a day from their mid-May peak
China Evergrande Group is seeking to complete one of the country’s biggest debt restructurings after posting $81 billion in losses over two years during the housing industry meltdown.
Deutsche Bank AG has drawn fresh criticism from the European Central Bank over foreign-exchange sales even after the lender completed an internal probe into past practices that led to initial changes.
Ukraine and Russia accused each other of overnight drone attacks hours after Russian President Vladimir Putin vowed revenge for a strike that damaged his flagship bridge to Crimea.
European Central Bank Governing Council member Klaas Knot said monetary tightening beyond next week’s meeting is anything but guaranteed — suggesting officials could soon pause their unprecedented campaign of interest-rate hikes.
Cerberus Capital Management and SC Lowy are among funds examining a request from India’s insolvent Go Airlines for a loan of up to 4.5 billion rupees ($54.9 million), according to people familiar with the matter.
Mounting signs of financial stress at Chinese developers are again roiling the nation’s dollar-bond market and adding to concerns about the health of the world’s second-largest economy.
Carlos Ghosn, the former head of Nissan Motor Co., said his $1 billion lawsuit against the Japanese automaker isn’t retaliation, but an effort to hold the people who plotted against him accountable.
Food inflation in Britain appears to be past its worst after producers and grocers cut prices and raw material costs stabilize or come down.
