Bloomberg Business

The German government won’t be able to meet another deadline to agree on next year’s budget, according to German Finance Minister Christian Lindner.

The total revenue of Taiwan’s major Apple suppliers has fallen for a third straight month in April, as recession-wary consumers scale back spending on smartphones and computers.

An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in the city, people familiar with the matter said, in what would be the second such deal in the Middle East.

It is widely expected the Bank of England will deliver another 25 bps hike Thursday, the 12th straight rise since it started the tightening cycle in December 2021. Whether the BOE will follow the Fed and hint at a pause, or follow the ECB and signal more hikes is the focus of the meeting. The market is leaning toward the latter.

Bitcoin has flipped from leader to laggard on the global market scoreboard amid congestion on its blockchain and concern about ebbing liquidity in crypto markets.

Apple Inc. is now alone among global smartphone brands without a foldable device in its portfolio, putting it on the sidelines of a trend that promises to generate tens of billions of dollars in coming years.

Japanese investors bought a record amount of Treasuries in the first three months of the year as concern over the US banking sector damped bets on Federal Reserve rate hikes.

When Mikhail Nadel, a banker once accused of looting Kyrgyzstan’s biggest lender, wanted help to get his UK payments firm off the ground, he turned to a tycoon with alleged ties to Russian intelligence and organized crime.

The soon-to-be chief executive of what will become the world’s third-biggest lithium producer says the new company will focus on building a supply chain in the Americas, as US automakers look for non-Chinese sources of the battery metal.