Bloomberg Business

Republican Presidential Candidates Trade Barbs Over China Policy

Republican presidential candidates quarreled — and stumbled — over China, with ex-UN Ambassador Nikki Haley taking aim at her former boss Donald Trump’s policies toward the world’s second-largest economy and Miami Mayor Francis Suarez committing an embarrassing gaffe.

Trans Mountain’s Rising Shipping Costs Draw Oil Producer Ire

Some of the largest oil producers in Canada are objecting to potentially rising costs and fees to ship their crude on the expanded Trans Mountain pipeline, underscoring growing disappointment with the highly anticipated project.

US Imposes New Sanctions on Wagner Group Days After Mutiny

The US announced new sanctions targeting the Wagner Group’s gold-mining activities in Africa as part of a bid to hamper the mercenary group’s ability to fund itself, days after it mounted a mutiny against President Vladimir Putin’s forces.

Brazil’s Central Bank Sees Chance of Rate Cut in August

Brazil’s central bank said it may be able to start cutting interest rates in August after President Luiz Inacio Lula da Silva and top members of his economic team demanded clarity about the timing of an expected monetary easing cycle.

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