Bloomberg Business

China’s government bonds extended a rally and bank shares advanced, after the nation asked commercial lenders to cap some deposit rates in a push to support a bumpy economic recovery.

Group of Seven nations aim to send a signal to China this month by announcing a joint effort to counter “economic coercion,” even as they struggle to agree on more than a broad statement of intent.

(Bloomberg) — China’s credit and new loans fell in April from the previous month, adding to concerns about the economy’s recovery.

With a manual gearbox and agile handling, this “baby Ferrari” gives the 718 Porsche Cayman a run for its money.

The unexpected death of a co-pilot just before a planned flight isn’t a reason to exempt airlines from paying compensation to delayed passengers, the European Union’s top court said in a dispute involving Portuguese carrier TAP SA.

Marsh & McLennan Cos.’s reinsurance broker sued a London rival, saying it secretly planned an unethical “raid” of 38 people across Europe, in the latest lawsuit to pore over clandestine staff poaching allegations.

Property buyers of certain nationalities including the US are exempt from Singapore’s recent tax hike for foreigners.

The Biden administration is trying to make it hard for China to say no to engagement by seeking a flurry of meetings and phone calls, a strategy aimed at easing tensions and painting President Xi Jinping as recalcitrant if he refuses.

The world’s second-biggest producer of enriched uranium, the key element used to fuel nuclear reactors, said orders are surging following Russia’s invasion of Ukraine and renewed interest in atomic energy as a solution to climate change.

Singapore sovereign wealth fund GIC Pte has emerged as the frontrunner to buy a stake in Messer SE, a deal that could value the German industrial gas maker at more than $10 billion, people familiar with the matter said.