Bloomberg Business

Nordstrom Inc. plans to give up its store in downtown San Francisco, becoming the latest retailer to depart the area as the city struggles with emptied office buildings and crime concerns.

Wheat held near a two-year low as officials from the Black Sea region agreed to negotiate the continuation of the Ukraine grain deal, before a looming Russian deadline for leaving the pact.

China and Vietnam have tumbled to join North Korea at the very bottom of the latest World Press Freedom Index, while Russia also moved lower.

Higher interest rates and lower loan impairments flattered Lloyds Banking Group Plc’s earnings in the first quarter, as the lender said the benefits from higher interest rates have likely peaked.

Vietnam’s production of robusta coffee likely shrank this year to the smallest in four years as farmers focused more on growing durians and their attention was drawn away by a local property boom.

Deutsche Lufthansa AG said a third of its Airbus SE A220 fleet in Zurich has been temporarily grounded because of issues with Pratt & Whitney engines, the latest sign of airlines wrestling with defects ahead of the crucial summer travel season.

Airbus SE delivered about 55 planes in April, according to a person familiar with the matter, as the world’s largest planemaker continues to struggle with supply shortages that have slowed production.

The UK is proposing “significant changes to the listing rulebook” in a bid to make London more attractive as a financial center with its moribund capital markets stoking fears about the city’s ability to compete with New York and Asian hubs.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon made a bold call on Monday: his firm’s rescue of First Republic Bank ended the initial phase of the turmoil engulfing banks.