Bloomberg Business

Global bonds are slumping after two shock interest-rate hikes this week served traders a reality check that central banks are far from done fighting inflation.

UK property surveyors turned more positive about the outlook for house prices despite soaring interest rates that they expect will hurt the ability of buyers to afford purchases.

Ukrainian Foreign Minister Dmytro Kuleba laid out his country’s plans to counter Russia’s influence in Africa, while saying he has no indication of what leaders from the continent are proposing in a planned peace initiative.

Wizz Air Holdings Plc vowed to do a better job handling a surge of customers expected this summer after last year’s mishaps drew the attention of aviation regulators.

Climate change has pushed fire season to extremes, and experts predict the trend will continue this summer and beyond.

Citigroup Inc. predicts Egypt will hold off on devaluing its currency until at least September as the prospect of bumper tourism revenue and sales of state assets ease the pressure on the economy.

HDFC Bank Ltd. has shortlisted veteran Arvind Kapil, its current retail assets head, to spearhead the home loans business post its mega-merger with India’s biggest mortgage financier Housing Development Finance Corp.

Uber Technologies Inc. pledged to eliminate carbon emissions and “unnecessary” plastic waste from its growing delivery business by 2040, bringing it in line with goals at its ride-hailing arm.

The company at the center of Sweden’s property crisis was sent even further into junk territory by S&P Global Ratings, a move that will worsen the already severe funding crunch for the troubled landlord.