Bloomberg Business

Swiss Interior Minister Alain Berset said he will exit the government in December, when his one-year rotating presidency ends.

The European Union has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focusing on using those assets temporarily, according to a document obtained by Bloomberg.

KKR & Co. chief macro strategist Henry McVey said investors are poorly positioned for US economic growth that will be stronger than expected this year, as well as tamer inflation.

Bondholders of Stark Corp. Pcl called for immediate payment of about $200 million after a special audit revealed accounting irregularities, the latest trouble for the Thai electrical components maker that’s defaulted on debt and seen its shares plummet to near-zero.

The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that core inflation is under control, Governing Council member Peter Kazimir said on Wednesday.

New restaurants are opening up and — perhaps more surprisingly in the face of inflation and economic uncertainty — Americans are gravitating toward fine dining, according to Yelp Inc. data.

Aledade, a company that helps US doctors adapt their practices to new payment arrangements aimed at improving care and cutting costs, raised $260 million in venture capital to expand its network.