Bloomberg Business

Morgan Stanley is preparing a fresh round of job cuts amid a renewed focus on expenses as recession fears delay a rebound in dealmaking.

Russia’s shipments top 4 million barrels a day for only the second time since the invasion of Ukraine

The Philippines’ airspace will be closed for six hours on May 17 to allow the replacement of an electrical equipment that malfunctioned and shut the Southeast Asian country’s air traffic systems on New Year’s Day, affecting thousands of passengers.

Marriott International Inc. reported earnings that beat expectations as consumer demand for vacations continued to make up for slower business travel.

China has electrified both the low and high ends of its auto market. Budget models are now taking off in India, Indonesia and Thailand, as well.

Emmanuel Macron’s government called for a crackdown on violent protesters as labor unions vowed to pursue their campaign against his pension reforms with a 14th day of demonstrations.

BP Plc slowed the pace of share buybacks as lower energy prices and annual bonus payouts trimmed its cash flow.

Emirates will look to place orders for more aircraft in the next few months as demand for long-haul travel rebounds and the carrier looks to lock in delivery slots.

Government policy changes, a lack of funding and chronic understaffing are blamed for choking the country’s planning system