Bloomberg Business

The United Nations has joined the US in suspending the delivery of aid in Ethiopia, plunging the humanitarian situation in the country into even deeper uncertainty.

Former Barclays Plc Chief Executive Officer Jes Staley has been out of sight for more than a year and a half as the revelations about his relationship with disgraced financier Jeffrey Epstein piled up.

South Africa will focus on fixing its dilapidated coal-fired power plants and the longer-term roll-out of at least 50 gigawatts of private renewable energy projects by the end of the decade to tackle crippling blackouts, according to senior officials in the nation’s presidency.

Italian Prime Minister Giorgia Meloni dashed European partners’ hopes that she will soon ratify a reform to the euro-area bailout fund.

UBS Group AG sealed an agreement with the Swiss government to cover 9 billion francs ($9.9 billion) of losses it could incur from the rescue of Credit Suisse Group AG, clearing the last major hurdle to closing the historic takeover.

Samuel Chen’s early bet on Zoom Video Communications Inc. made him one of the pandemic economy’s big winners. For his latest act, the little-known Taiwanese billionaire is emerging as a major health-care investor.

A buying spree in ETFs tied to natural gas is spurring concern that the securities risk destabilizing a market that up until now has been the province of energy pros.

China’s inflation remained close to zero in May, sparking concerns on a falling spiral in prices and prompting the central bank to come out to downplay worries on the economic outlook.

The Foschini Group Ltd.’s turnaround of South African discount clothing chain Jet is grabbing the attention of a larger rival as competition for the lower end of the market intensifies.

Japan’s securities watchdog is seeking penalties on two regional banks for improperly selling structured bonds, a rare move that could send a signal to the broader industry about its sales practices.