Bloomberg Business

The European Union proposed making it easier to wind down small and medium-sized banks as it seeks to regain momentum in deadlocked talks over forging closer banking ties in the region.

India is preparing an overhaul of its direct tax laws to replace a byzantine matrix of rules and help Prime Minister Narendra Modi reduce income inequality if he returns to power next year, according to people with knowledge of the matter.

Tunisia’s president vowed a “relentless war” against those he claimed were damaging the country, signaling a possible escalation in the crackdown against opponents shortly after the detention of his most vocal critic.

Inflation drifted lower to the slowest pace in nearly two years, a reprieve for the Bank of Canada amid a jobs market and economy that continue to defy expectations for a stall.

(Bloomberg) — The long-delayed Gateway project is making yet another change to the multibillion dollar program for a new rail tunnel between New York and New Jersey in a bid to keep costs in check and speed up work. 

Bolivia is in advanced talks with Corporation Andina de Fomento as the Andean nation looks for ways to meet this year’s financing needs, said the regional lender’s top executive.

The UK’s fraud prosecutor is to delay a long-awaited decision whether to charge as many as 11 ex-Glencore Plc employees involved in the widespread corruption perpetrated at the company.

Commercial real estate could face the next crisis of confidence after last month’s jitters in the banking system, according to Paul Marshall, who leads one of the world’s biggest hedge fund firms.

Bank of America Corp. joined its largest rivals in setting aside more reserves as a growing number of consumers couldn’t keep up with their loan payments, even as executives dialed down fears of a looming crisis.

Loblaw Cos., the Canadian grocery chain controlled by the billionaire Weston family, named the head of a Danish retailer as its new chief executive officer.