Bloomberg Business

The US is deepening intelligence cooperation with countries across Asia as it looks to counter Beijing’s sophisticated spying apparatus and blunt Chinese cyber attacks.

Former Goldman Sachs Group Inc. banker Roger Ng can return to Malaysia to assist in that nation’s 1MDB probe before serving a 10-year US sentence for his role in the looting of billions of dollars from the sovereign wealth fund, federal prosecutors in New York said.

The International Monetary Fund sees increasing odds that central banks can tame inflation without sending the global economy into recession, while warning the growth outlook remains uneven and weaker than before the pandemic.

German Chancellor Olaf Scholz pledged to further bolster Ukraine’s air defenses to help protect the country against Russian missile attacks this winter.

British Airways reached a tentative labor agreement with unionized pilots, removing the threat of a walkout through 2027 as the flagship UK carrier cements a recovery from the Covid-19 era travel slowdown.

Sweden’s Preem AB will curb the use of crude oil at the bigger of its two refineries from 2024, when it completes the revamp of a production unit.

Mortgage rates rose for a fourth straight week, reaching the highest level since December 2000.

There are no grounds at present for the European Central Bank to raise interest rates any further, Governing Council member Francois Villeroy de Galhau told Handelsblatt.

Apple Inc. held talks with DuckDuckGo to replace Alphabet Inc.’s Google as the default search engine for the private mode on Apple’s Safari browser, but ultimately rejected the idea.