Tides Are Eating Into Glaciers, Triggering More Melting, Study Finds
Global sea level rise could be worse than previously expected because of tidal erosion of glaciers.
Bloomberg Business
Turkish Banks Set for Best Week in 21 Years Before Sunday’s Vote
A rally in Turkish banking stocks ahead of an election on Sunday is the best they’ve had since President Recep Tayyip Erdogan’s party rose to power over 20 years ago.
China Is Scaring Away Foreign Investors That Its Cities Want
China’s unpredictable policy making is deterring foreign investment that the country’s cash-strapped cities are desperate to entice.
Bregal Said to Explore $1 Billion Sale of EA Elektro-Automatik
Bregal Investments is exploring a sale of power electronics provider EA Elektro-Automatik, according to people familiar with the matter.
India Warns Temperatures to Climb Across Nation as Rain Recedes
Maximum temperatures are forecast to rise over most of India in the next two days, with heat waves in some areas, potentially boosting power demand as more people turn to cooling devices such as air conditioners.
Amazon Workers Launch Battle to Unionize in Britain
Amazon.com Inc. workers are trying to unionize at a major warehouse in the UK, as the company’s standoff with labor groups enters a new front.
China to Send Special Envoy to Ukraine, Russia From Monday
China will dispatch a special envoy to Ukraine, Russia and other European nations from Monday, as Beijing steps up its efforts for a diplomatic resolution to Moscow’s war.
Yellen Says She’s Had No Contact With Her New China Counterpart
Treasury Secretary Janet Yellen said she hasn’t yet spoken with her opposite number in China, Vice Premier He Lifeng, as Biden administration officials work to re-engage and ease strains with the world’s second-largest economy.
Tesla Recalls 1.1 Million Cars in China Over Braking Defect
Tesla Inc. recalled virtually every car it’s sold in China due to a braking and acceleration defect that may increase crash and safety risks.
Biden Czar Warns Default Would Halt Key Infrastructure Projects
President Joe Biden’s infrastructure czar warns that popular projects will be jeopardized if the US government defaults or if the debt-limit standoff with Congress results in changes to funding sources.
