Bloomberg Business

Banco Bradesco SA is wary of granting loans as Brazil’s borrowing costs remain at the highest level in six years, with no easing cycle in sight.

Venezuela says it can’t pay for equipment needed to dredge a coastal lake that’s key to oil exports, hampering Chevron Corp.’s plan to increase shipments from the South American country.

The mania for artificial intelligence is showing no sign of letting up in corporate America, with references to AI and related terms during calls with investors more than doubling from a year ago.

Chinese President Xi Jinping called on top officials to step up efforts to maintain an “appropriate” birthrate and population level, after data in recent months showcased an intensifying demographic headwind for the world’s second-largest economy.

Councilors in South Africa’s richest city elected its sixth mayor in four years as the nation’s governing party tests potential alliances before a general election next year.

Investors have punished a handful of US regional banks amid fears the turmoil will ensnare more lenders. But depositors at some — at least for now — appear to be sitting tight.

Black unemployment dropped to a record low in April but the decline was driven by some troubling trends suggesting Black workers are starting to struggle in an otherwise resilient US labor market.