Bloomberg Business

The decrepit vessel has been lying for years off the coast of war-torn Yemen. A mission led by the United Nations is now underway to avert catastrophe.

Days after welcoming Secretary of State Antony Blinken as part of efforts to reset relations with the US, Saudi Arabia turned its attention to boosting ties with one of Washington’s main competitors: China.

Samsung Electronics Co., the world’s biggest memory chipmaker, is giving staff in South Korea one Friday off each month in a bid to retain talent that increasingly values flexible work.

Earnings for giant crude supertankers posted their second-largest daily gain in three years as the number of cargoes jumped from the Middle East, the top exporting region.

Airbus SE predicted aircraft manufacturers will deliver 40,850 new jets over the next two decades as customers particularly in Asia expand their fleets and replace older aircraft with more fuel-efficient models.

Vienna is more likely to face a slow correction to its overvalued housing market than a sudden shock, according to a report from Austria’s central bank.

Banco Santander SA has closed down its UK-based equity research team as it shifts analysis of companies to its headquarters outside Madrid, according to two people familiar with the matter.

French President Emmanuel Macron will host Saudi Arabia’s Crown Prince Mohammed bin Salman in Paris on Friday, on his second visit to the country in about a year.

China’s economy likely slowed further in May, with economists raising their expectations that the central bank will cut interest rates to shore up a recovery that’s losing steam.