Bloomberg Business

Within a broad agreement at the European Central Bank on the need to raise interest rates further are enduring preferences among some officials for another big hike.

A Chinese envoy said the Philippines is “stoking the fire” over Taiwan’s independence by giving the US access to military sites near the Taiwan Strait under an expanded defense agreement.

European Central Bank Governing Council member Francois Villeroy de Galhau reiterated his view that the aggressive interest rate hiking cycle needed to tamp down high euro zone inflation is nearing an end.

Teck Resources Ltd. took another blow in its defense against Glencore Plc, after influential advisory firm Glass Lewis said shareholders should vote against the Canadian miner’s strategy to split out its coal business.

The US sanctions on Chinese companies will adversely affect the stability of the global supply chain, China’s Ministry of Commerce said in response to Washington’s decision to add 12 businesses from the Asian Nation to its export-control list.

The International Monetary Fund said global growth will slow this year more than it previously forecast, partly because of recent stress in the financial sector.

Carlyle Group Inc. is in talks to pick up a minority stake in Manchester United Football Club, Sky News reported, citing an unidentified person close to the development.

A dry spell is wilting crops and delaying plantings in some of Europe’s top produce growers, risking a further run-up in food inflation.