Bloomberg Business

Black workers say the momentum for change has waned.

A Rolex watch designed for spelunking and several models of the Patek Philippe Nautilus led declines in the Bloomberg Subdial Watch Index over the last month.

It’s not just Brexit that’s dried up the flow of European Union workers the UK used to depend on. From Poland to Portugal, EU economies are generating more jobs and better wages than Britain.

Chinese stocks in Hong Kong plunged as a weakening currency, disappointing earnings and worries over the US debt-ceiling deadlock saw traders trim positions ahead of a long weekend.

Japan and the United Arab Emirates have agreed a deal on defense equipment and technology transfers, Japan’s Ministry of Foreign Affairs said late Thursday, in a move that enables joint research, development and production.

Deaths from Covid-19 in Singapore surged last month amid the current wave of infections.

Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in spending as interest rates near a peak and cost of living pressures remain elevated.

While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal cliff, China’s top rating firm has been the first to pull the trigger.

Bank of Japan Governor Kazuo Ueda indicated his desire to hold on to policy flexibility by playing down the importance of wages or any single economic dataset as a trigger for change.

Cummins Inc. spinoff Atmus Filtration Technologies Inc. raised $275 million in an initial public offering, pricing its shares in the middle of a marketed range.