UK Food Bank Demand Hits An All-Time Record
The UK’s biggest food bank network distributed more support than ever before in the last financial year, with December 2022 marking its busiest year on record.
Bloomberg Business
Pentagon Draws Lessons From Ukraine as It Eyes Possible China Combat
The Pentagon’s No. 2 official said Russia’s invasion of Ukraine is teaching the US valuable lessons for a potential conflict with China, from the need to build a steady ammunition pipeline to innovation in space.
Foreign Bonds Face Tough Reception in Once-Welcoming Taiwan
Taiwan’s foreign-currency bond market risks losing its relevance just three years after AT&T Inc.’s marquee issuance led a record $60.2 billion of sales.
Salesforce Loses Longtime Executive Ebony Beckwith
Salesforce Inc. Chief Business Officer Ebony Beckwith is leaving the company, the latest top executive to depart the software giant, which is increasingly focused on profit.
Texas Instruments Investors Upbeat in Face of Slow Recovery
Texas Instruments Inc. gave a disappointing sales forecast for the latest quarter on Tuesday, but broader optimism that the tech industry is poised for a rebound helped bolster the stock.
World Bank Sees IRA Hurting Developing Nations: BNEF Update
The opportunities and challenges of the global energy transition are driving discussions on the second day of the BNEF Summit in New York. The push to slash emissions is expected to attract $196 trillion in investments through 2050, according to BloombergNEF.
US to Lift Sanctions Only if Venezuela Returns to Democracy
Washington will gradually lift sanctions on Venezuela if the country moves toward restoring fair elections, according to a top US official.
Silicon Valley Bank to Begin Sale of Canada Loans Next Month
The Canadian unit of Silicon Valley Bank is preparing to kick off the sale of its loan book in May and is nearly finished setting up a data room for potential buyers, according to people familiar with the matter.
Ed Sheeran Says He Didn’t Steal ‘Let’s Get It On’ in Music Copyright Trial
Ed Sheeran, on trial for allegedly stealing from the Marvin Gaye classic “Let’s Get It On” for his own 2014 hit, told jurors he would be “quite an idiot” to perform the two songs together publicly if the copyright infringement claims against him were true.
Yuan Hits 7-Week Low as China’s Lack of Carry Keeps Bulls at Bay
The Chinese currency fell to the lowest in almost seven weeks versus the greenback on Tuesday, hit by a double whammy of a strong dollar and investors sidelined by its low carry.
