Bloomberg Business

An empowered OPEC+ led by Saudi Arabia and Moscow is calling the shots on oil prices, boosting inflation and raising recession risks

The pass rate for the final level of the chartered financial analyst exam remained below the decade average but above the historic lows from two years ago, when the pandemic disrupted testing.

South African President Cyril Ramaphosa set a target of attracting 2 trillion rand ($110 billion) of new investment in the next five years, as executives pleaded with his government to urgently address the nation’s energy crisis, fix crumbling infrastructure and end rampant crime.

A federal appeals court partly granted the Biden administration’s request to put on hold a Texas court ruling overturning FDA approval of the abortion pill, but allowed restrictions that were lifted since 2016 to be reinstated.

Ukraine’s state-run energy firm NJSC Naftogaz Ukrainy claimed victory in a $5 billion arbitration dispute with Russia over assets seized following the Kremlin’s annexation of the Crimea peninsula.

South Africa faces a winter of social unrest as sustained power outages limit economic growth and job creation, amid a cost-of-living crisis and increasing political tensions ahead of elections scheduled for next year, according to the Centre For Risk Analysis.

Oil supply cuts agreed by OPEC+ nations last week are putting global markets on track for a hefty supply deficit that will widen as the year progresses, the latest data from the group indicate.

The asset manager is the latest to pile pressure on banks over their exposure to oil, gas and coal.

The White House urged social media companies to prevent the circulation of information that could hurt national security as it works to clean up an intelligence leak that exposed US spy assessments on Ukraine’s defenses and other sensitive topics.