Bloomberg Business

Marks & Spencer Group Plc surged as a long-promised turnaround finally showed signs of delivering results at the UK retailer.

Traders at five major banks colluded in chatrooms to swap sensitive information on UK bonds in the wake of the 2008 financial crisis, Britain’s antitrust agency said in a move that could pave the way for fines for some of the lenders involved.

Bangladesh will buy oil from whoever gives a “comfortable price,” Prime Minister Sheikh Hasina said, as the South Asian country looks to secure supplies and ensure prices don’t spiral further during an International Monetary Fund program.

Ilija Batljan’s struggles illustrate the risk of debt-fueled real estate expansion

Former executives of SMBC Nikko Securities Inc. pleaded not guilty over their roles in allegedly rigging the stock market, more than a year after they were arrested in a scandal that rocked Japan’s financial industry.

Authorities searched 15 properties across Germany in connection with a criminal investigation against a climate activist group that has gained notoriety for blocking major roads and disrupting airport traffic.

Iceland’s central bank unexpectedly accelerated tightening with its biggest increase in the current cycle so far, lifting western Europe’s highest benchmark borrowing costs to quench stubborn price growth.

China’s benchmark stock index erased all its gains for the year as a weaker yuan and developers’ debt woes added to persistent worries over growth and geopolitics.

South Africa’s inflation rate fell more than predicted to an 11-month low, a drop that’s unlikely to sway the central bank from delivering a back-to-back 50 basis-point interest rate hike on Thursday. The rand pared earlier losses.