Bloomberg Business

Ryanair Holdings Plc’s plan to protect itself against oil price volatility paid out big when Russia’s invasion of Ukraine sent energy markets haywire.

Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+ alliance is due to meet.

Billionaire Patrick Drahi increased his stake in BT Group Plc to 24.5%, giving him double the holding of the next-biggest investor and increasing his control over the UK telecommunications giant.

Dollar purchases by the Indian central bank to limit the impact of foreign inflows are helping lead to shortages of the US currency in the Indian banking system and weighing on the rupee, according to analysts.

Airline ticket prices have peaked, at least in the market where budget carrier AirAsia operates, according to its founder Tony Fernandes.

Britain’s service-sector companies reported the fastest increase in cost pressures in three months, the latest sign that the Bank of England may have to raise interest rates again.

The Federal Reserve needs to cool off the overheated labor market to tame inflation, though it’s not clear how far unemployment must rise to achieve that, according to former Fed Chair Ben Bernanke and ex-International Monetary Fund Chief economist Olivier Blanchard.

Hong Kong said retail investors can trade crypto under its new rulebook for the sector, stepping up a drive to develop a digital-asset hub even as the industry and regulators clash elsewhere in Asia.

Federal Reserve policymakers are increasingly grappling with a critical question: How much should they weigh the adverse impact of their interest-rate hikes on banks against the goal of containing the fastest price increases in decades?

China lashed out at Japan over Tokyo’s new export restrictions on some chipmaking technology and said it would take action to defend its interests, just days after it banned some domestic firms from using semiconductors from Micron Technology Inc.