Bloomberg Business

UK chocolate maker Hotel Chocolat Group Plc is feeling the pressure from inflation and lower interest from consumers in fancy products.

Deutsche Bank AG recruited Joe Lai from Credit Suisse Group AG as the German lender goes on a hiring spree this year to boost its ranks and take back market share from Wall Street rivals.

Turkey wants Sweden to begin extraditing or expelling suspected Kurdish separatists before next month’s summit of the North Atlantic Treaty Organization to help win its support to join the security alliance, according to people familiar with the matter.

Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and sustained weakness at the country’s factories.

India is getting some respite from brutal heat waves, with scorching temperatures seen moderating further due to clouds and rains.

China’s shipments of electric vehicles to Canada soared in May, as Tesla Inc. started to deliver its Shanghai-produced models to the country for the first time.

Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent for a growing list of countries struggling to service their liabilities. The nation’s dollar bonds rose.

Honda Motor Co. forecast profit for the current fiscal year that slightly exceeded analyst projections thanks to a recovery in automobile production, drops in some material prices and robust sales of motorcycles in India and Southeast Asia.

Russia and Australia’s dispute over the site of Moscow’s proposed new embassy in Canberra has escalated, with local media reporting a Russian diplomat is squatting on the land despite the lease being canceled.

The French economy probably slumped in the three months through June, with purchasing manager indexes suggesting a 0.5% contraction from the previous quarter.