Bloomberg Business

Global capability centers have evolved far beyond tech support. But their growth presents challenges for multinationals and Indian cities alike.

Australian financial regulators are reviewing the nation’s preparedness and management arrangements for future banking turmoil following the speed of recent runs on lenders in Europe and the US.

Binance.US and the Securities and Exchange Commission agreed to work on a deal that avoids a total asset freeze at the cryptocurrency trading platform, which the regulator has accused of operating illegally.

Sam Bankman-Fried won a Bahamian court order temporarily blocking that nation’s government from consenting to charges that were added to his US indictment after the FTX co-founder’s December extradition to New York.

House Republicans passed legislation to preemptively block future attempts to restrict gas stoves Tuesday after overcoming a revolt by the party’s conservative members.

A man who posed as a deal-making billionaire rabbi astrologer and allegedly made a phony $290 million bid for Lord & Taylor pleaded guilty in New York to a fraud that drove his two victims into bankruptcy.

Two years after a crisis erupted at China’s property developers, leaving bills unpaid, homes unbuilt and creditors trying to recover the scraps from defaulted firms, a burning question remains: why are real estate tycoons still owning and running their companies?

President Vladimir Putin acknowledged that Russian forces fighting in Ukraine lack sufficient advanced weapons despite a tripling of arms output, as Kyiv’s forces pressed a counteroffensive backed by a new infusion of allied support.

Alberta Premier Danielle Smith vowed to fight Canadian Prime Minister Justin Trudeau’s environmental initiatives with “every power that we have,” including by having the oil-rich province defy federal legislation.