Bloomberg Business

German Greens Are in Crisis Like the Rest of Scholz’s Coalition

Germany’s Greens attacked their highest-ranking cabinet ministers at a party convention near Frankfurt this weekend. Nominally, the subject was European Union asylum rules, but that was largely a proxy for growing dissatisfaction over the party’s role in running Europe’s largest economy.

China Approves First Share Sale by Developer Since Ban Lifted

China’s securities watchdog approved an onshore share sale by a real estate developer for the first time since rules were eased late last year, raising hopes for the revival of a major fundraising channel as a housing recovery falters.

Cathay Pacific to Hire More Cabin Crew From Mainland China

Cathay Pacific Airways Ltd. will recruit more cabin crew from mainland China and widen the use of Mandarin language on flights, its chief executive officer said Monday, less than a month after the carrier fired three flight attendants for disparaging passengers who didn’t speak English.

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