Bloomberg Business

Hong Kong banks including HSBC Holdings Plc raised their main lending rates for the first time this year as liquidity shrinks in the financial hub.

Adani Transmission Ltd., part of Indian billionaire Gautam Adani’s conglomerate, plans to buy back as much as $100 million of bonds issued by a unit in efforts to boost investor confidence, according to people familiar with the matter.

Anheuser-Busch InBev NV, the world’s largest brewer, reported profit growth that beat analysts’ estimates on the strongest pricing in at least a decade.

Germany is urging China to be more ambitious in building renewable energy and helping to finance climate protection efforts in poorer countries.

Sales of smartwatches, including Apple’s top selling version, have plateaued and are no longer a significant threat to the pricier end of the Swiss watch industry, according to Morgan Stanley.

China’s economic recovery showed further signs of imbalance, with manufacturing activity contracting for the first time in months while a surge in holiday travel fueled consumer spending.

The Amazon rainforest is moving closer to an inflection point past which parts of its ecosystem won’t receive enough rain to support themselves, a development that could cost Brazil’s economy $184 billion by 2050, a new World Bank report says.

Almost half of US adults say they’re worried about the safety of their deposits in banks and other financial institutions — levels of concern as high or higher than during the 2008 financial crisis.

A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half with transport volumes slowing and freight rates plunging.

Equinor ASA, Norway’s biggest energy company, said first-quarter profit beat analyst estimates as higher production and a stronger-than-guided result for trading and processing offset lower oil and gas prices.