Bloomberg Business

With higher rates looming last year, Western Alliance, SVB and other banks reported a surge in loans to executives, directors and shareholders

Dozens of advocacy organizations and children’s safety experts are calling on Meta Platforms Inc. to terminate its plans to allow minors into its new virtual reality world.

France’s Constitutional Council will rule on Emmanuel Macron’s plan to raise the retirement age on Friday evening, a cardinal moment for an overhaul that has sparked mass protests, fractured parliament and left the president’s capacity to enact further changes hanging in the balance.

Japan approved plans for its first gambling resort Friday, after years of wrangling over regulation, opening the way for a casino in Osaka to open its doors by the end of the decade.

(Bloomberg) — Sri Lanka and major creditors formally launched talks to restructure the nation’s debt without China — its biggest bilateral lender — a signal of growing frustration with Beijing’s approach to debt woes in the developing world. 

Japanese women may have doubled their income over the past 20 years, but they still earn only a quarter of what men are paid, according to government data.

Singapore’s central bank kept its monetary policy settings unchanged after five straight tightening moves since October 2021, joining a growing list of central banks that have opted to pause amid global growth risks and ebbing inflation.

The 21-year-old man arrested in connection with the leak of classified US documents related to the Ukraine conflict is a cyber specialist for the US Air Force National Guard.

The People’s Bank of China’s Governor Yi Gang met with US Federal Reserve Chair Jerome Powell in Washington this week for their first one-on-one talk since 2020.

Instead of pivoting quickly to solar and wind, the Asian nation is banking on technologies such as carbon capture and ammonia to prolong the use of fossil fuels.