Bloomberg Business

From heatstroke insurance for humans to policies that reimburse farmers for lower milk output, more financial products are addressing climate change.

Burying the country’s nuclear weapons waste brought an economic lifeline to Carlsbad, New Mexico. State leaders worry it’s become a dumping ground.

They have accused him of making “a deal with the devil.” They have slammed him for prioritizing smaller budget deficits over social spending. They fear he is alienating his party and its working class base as he seeks favor with investors.

President Joe Biden invited top congressional leaders for a May 9 meeting on the debt limit as the US barrels closer to a potential default that the Treasury Department warned Monday could come sooner than anticipated.

Europe’s technology, media and telecom companies are set to struggle when it comes to refinancing after several years of heavy investment swelled debtloads in the sector.

Austrian home prices fell for the second consecutive quarter as families struggle with inflation and higher financing costs.

China’s Baoshan Iron & Steel Co. has joined forces with Saudi Aramco and the kingdom’s sovereign wealth fund to set up a steel plant in Saudi Arabia, as the two countries deepen commercial ties.

Hong Kong plans to slash the number of directly elected seats in local district councils as authorities seek to prevent activists from gaining power.

Underlying inflation in the euro area eased for the first time in 10 months, backing the case for the European Central Bank to slow the most aggressive interest-rate hiking campaign in its history later this week.

Japan Airlines Co. will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand fueled by e-commerce and parcel delivery.