Bloomberg Business

Tens of thousands of people gathered on Saturday afternoon in Seoul for the city’s Pride parade, following months of wrangling with officials who had rejected an application to hold the event at its usual spot in front of City Hall.

China named Pan Gongsheng as the central bank’s new Communist Party chief, putting him in line to be the next governor.

Underlying inflation cooled in the US and quickened in Europe, according to the latest readings, while central bankers in both regions signaled they’re prepared to raise interest rates further.

An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of using the world’s oldest and most dangerous vessels.

Tesla Inc. is reducing the prices of its premium car models in China by nore than 4.5%, following a decision to hand out cash subsidies to some buyers of its Model 3 vehicles last month.

A recovery in Macau’s casino sector showed signs of waning in June, with gaming revenue missing estimates amid concerns the initial post-reopening Chinese tourist boom is fading.

The former East German city of Dresden was the epicenter of chip development behind the Iron Curtain. That legacy persists, both in Dresden and its surrounding region. More than three decades later, every third semiconductor made in Europe comes from Saxony.

The cost to fix the water industry is expected to run to hundreds of billions of pounds and is almost certain to fall on households.