Bloomberg Business

NatWest Group Plc will start a search for a new chair as Howard Davies prepares to step down by mid-2024.

Creditors contesting Adler Group SA’s €6 billion ($6.6 billion) debt restructuring were denied permission to appeal, helping the embattled real estate firm move ahead with the plan.

European efforts to rapidly scale-up offshore wind farms to help cut dependence on Russian natural gas and reduce planet-warming emissions are falling short as developers struggle to deliver projects.

A branch manager of Denizbank AS, the Turkish unit of Emirates NBD Bank PJSC, was arrested after allegations that the official swindled tens of millions of dollars from football celebrities through a pyramid scheme in Turkey.

Sweden’s central bank will probably press ahead with an interest-rate increase this week, testing consumers already enduring a cost-of-living squeeze, a housing rout and a shrinking economy.

A selloff in Chinese equities is deepening as a barrage of economic and geopolitical risks stack up, with global funds accelerating their exodus.

Banco Santander SA’s shares slumped with a drop in earnings from Brazil and outflows of Spanish deposits in the spotlight, even as tailwinds from rate hikes helped the Spanish lender turn in its best result since 2019.

A chip foundry backed by China’s top semiconductor firm is set to raise $1.4 billion in Asia’s biggest initial public offering so far this year, as Beijing ramps up efforts to finance its tech race against Washington.

Olaf Scholz has invited Chinese Premier Li Qiang for talks in Berlin June 20 in the latest bid by the German chancellor to ease tensions between Europe and the government in Beijing.