Bloomberg Business

The European Union’s proposed overhaul of debt rules leaves a majority of member states without sufficient firepower to finance the climate transition, according to a new report.

South Korea may limit planned electricity price increases in an effort to shield consumers, people familiar with the matter said, a headache for the country’s largest utility after it posted a record loss last year.

Thailand’s top political parties are wooing more than 14 million farmers, the single-largest group of voters, with promises such as suspending crop loans and measures to triple their income in four years.

Former FTX executive Ryan Salame’s home was searched by FBI agents as part of the sweeping investigation into the cryptocurrency exchange’s collapse and its attempts to exert political influence in Washington.

Peru is taking a more active role in trying to lure lithium mining investments in light of Chile’s decision to take state control of all new projects of the battery metal, an official said.

Amazon.com Inc. reported quarterly profit that topped estimates as cost cuts and surprisingly strong sales in the cloud-computing division helped the e-commerce giant weather an uncertain economy. The shares were little changed in extended trading, giving back earlier gains of as much as 12%.

The New York writer who sued Donald Trump claiming he raped her in a department store in the 1990s lashed out at the former president’s lawyer as he grilled her on the witness stand about why she didn’t scream during the alleged attack.

Banks increased emergency borrowings from the Federal Reserve for the second week in a row, underscoring ongoing stress in the financial system following a string of bank collapses last month.

The US demanded that Iran release an oil tanker hauling crude through the Gulf of Oman, the latest flare-up in one of the world’s important waterways.