Bloomberg Business

The Bank of England will push the UK into recession by the end of the year in its battle to curb the worst inflation of any Group of Seven economy, according to Bloomberg Economics.

Morgan Stanley now expects the Federal Reserve to raise interest rates at its July meeting, after Chair Jerome Powell signaled the central bank isn’t done with its aggressive hiking cycle just yet.

Nigeria’s wealth fund sees the potential to expand a carbon credits program with Vitol SA 10-fold in a venture currently worth $50 million, according to its chief executive officer.

European cocoa buyers must be ready to pay more for beans that meet the region’s looming sustainability rules, key grower Ghana warned.

Carlyle Group Inc.’s Patrick Siewert, one of the most senior executives of the buyout firm in Asia-Pacific, is stepping down after 16 years in Hong Kong to become a senior adviser.

Japan decided to restore South Korea to its list of preferred trading partners, the latest step toward bolstering relations that will help them strengthen cooperation with the US.

Baidu Inc.’s ChatGPT-style service has outperformed OpenAI’s seminal product on several measures, China’s search leader said on Tuesday.

President Vladimir Putin said organizers of an attempted mutiny sought to divide Russia and his government took all measures needed to neutralize the danger.

While industry leaders have been sounding the alarm in the US, they’ve been pushing back on oversight in the EU

Two giants in China’s oil and refining sector have taken the biggest opposing positions in Middle East crude trading in years, transforming global cargo flows and puzzling oil traders the world over.