The UK is weighing options to blunt the cost of post-Brexit border checks on European food imports due to start in January over fears they could exacerbate the country’s inflation problem.
(Bloomberg) — Less than a year after German coal giant LEAG unveiled plans to transform its open-cast mines into wind and solar farms, concerns are mounting that it and other lignite miners are exploiting an unfair advantage in the country’s race to go green.
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment as he rebalanced the country’s foreign policy and tapped credible economic managers.
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in saying goodbye to the discredited London interbank offered rate.
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not to leave President Xi Jinping’s flagship global investment pact.
A top Russian general was questioned over his links to the mercenary group that carried out a failed revolt against the Kremlin’s military leadership as Vladimir Putin pressed ahead with a string of public appearances.
Artificial intelligence stocks are likely in a bubble but long-term investors “should probably own some,” SkyBridge Capital Founder Anthony Scaramucci said.
Bank of America Corp. named Asia-Pacific President Jin Su as the region’s head of global markets and appointed heads for fixed-income, currencies and commodities trading and sales, according to an internal memo.
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan intervened last year to support the currency for the first time since 1998.
Pfizer has struck a deal with Chinese drugmaker CSPC Pharmaceutical Group Ltd. to launch a local brand of Covid-19 antiviral Paxlovid, the latest in a string of partnerships the US giant has secured as it expands access in China.
