Bloomberg Business

Ukraine’s Black Sea Crop Exports Resume After Latest Halt

Ukraine’s Black Sea crop shipments resumed on Wednesday, following a brief halt that sparked fresh concerns about future cargoes from the key exporter already contending with import bans from some of its European Union neighbors.

Wall Street Banks Sailed Through a Quarter of Collapsed Lenders

In a quarter where three smaller lenders collapsed and the nation’s biggest banks staged a rescue as another edged toward the brink, Wall Street raked in gains with little sign of strain. Here are five takeaways from their first-quarter earnings:

Senator Warren Calls for Vilsack to Bar Brazil’s JBS From US Contracts

US Senator Elizabeth Warren and Representative Jamie Raskin are urging Agriculture Secretary Tom Vilsack to reconsider a decision to not block meat giant JBS SA from getting government contracts due to the Brazilian company’s “history of criminal misconduct.”

ECB to Keep Tightening Rates If Projections Hold: New Economy

The European Central Bank is closely monitoring the situation in financial markets for signs that the economic outlook has shifted after the recent episode of banking stress, according to Governing Council member Pablo Hernandez de Cos.

ECB Set to Keep Hiking If Projections Hold, De Cos Says

The European Central Bank will have to continue raising interest rates if its latest macroeconomic outlook remains intact following the recent bout of financial-sector stress, according to Governing Council member Pablo Hernandez de Cos.

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