Bloomberg Business

Oil bulls that piled into bets on rising crude prices were likely caught flat-footed when the market plunged later in the week.

They waited and waited, then moved all-in. And now money managers who are finally surrendering to a shock first-half rally in equities must contend with the possibility its best days are over.

FTX co-founder Sam Bankman-Fried’s bid to get documents from the cryptocurrency exchange’s former law firm to help prove his innocence was denied by the federal judge overseeing his fraud case.

The S&P/TSX Composite Index is offering the biggest payout ever relative to the S&P 500 Index as high commodity prices spur a record surge in Canadian buybacks and dividends.

Belgian authorities ordered Binance to cease operations in the country, joining a growing roster of European and US regulators to act against the world’s largest crypto exchange.

As multiple ships scoured the North Atlantic this week for the missing submersible headed to the Titanic wreck site, the US Navy had already detected an implosion on Sunday at the site where the vessel lost communications.

Oil notched its biggest weekly drop since early May as the Federal Reserve signaled potential rate hikes ahead and European data flagged the risk of an economic slowdown.

Think & Learn Pvt lost three board directors representing its most prominent shareholders, the latest setback for the troubled Indian ed-tech firm better known as Byju’s.

The UK’s market regulator had only superficial engagement with the London Metal Exchange as it sleepwalked into last year’s nickel crisis, according to information made public as part of a legal battle between the exchange and aggrieved traders.