Bloomberg Business

At Formula One’s inaugural Chinese Grand Prix in Shanghai in 2004, five-year-old Zhou Guanyu was in the stands cheering on his idol, Spain’s Fernando Alonso.

Global food prices rose for the first time in a year, just as the rampant run-up in grocery costs begins to cool in some countries.

Thailand’s opposition parties are heading for a sweep of the May 14 general election, with Pheu Thai, a party linked to former Prime Minister Thaksin Shinawatra, poised to secure a clear majority in the lower house, according to a voters survey.

Shipments from Tesla Inc.’s Shanghai facility dropped in April, a sign consumers may be casting around for other electric vehicles as manufacturers across the country drop their prices.

Crowded equity trades and possible policy remediation for US regional banks may bring an end to a trade that’s roiled broader markets but proved lucrative for some short sellers.

Japanese investors will be supported to increase investment in natural-gas projects in Mozambique as the Southeastern African country aims to develop giant offshore projects, Prime Minister Fumio Kishida said.

Crude markets have suffered a disastrous few weeks, dragged down by alarm over the wider economy. But real oil demand still looks strong enough to foster a rebound in prices.

A tropical island off southern China, best known for its sandy beaches and luxury hotels, has become the unlikely focus of Europe’s concerns over a booming waste-oil industry.

Casino operators, consultants and lawyers familiar with the matter say there have been early discussions and a change is being considered.

The European Union wants international gas suppliers to offer to sell gas on its newly created purchase platform in order to prevent spiraling prices from battering industry again this year, according to Commission Vice President Maros Sefcovic.