Bloomberg Business

Emmanuel Macron defended his approach to the US and China on Wednesday after his call for Europe to avoid being dragged into a conflict between Beijing and Washington sparked a backlash.

Britain’s property surveyors for the first time in a year are anticipating sales will increase, and their outlook for prices is at the strongest it’s been since September.

EY’s UK firm is planning cost-cuts and steeling itself for staff departures following the firm’s failed attempt to split its audit and consulting businesses, according to the Financial Times.

Rakuten Bank Ltd. and its main shareholder priced shares at 1,400 yen each in Japan’s largest initial public offering in five years, marking the top of a target range that had been lowered earlier this month.

Prime Minister Giorgia Meloni extended her revamp of Italy’s economic and business elite as her government replaced leaders at some of its biggest state-controlled enterprises.

India’s state power giant NTPC Ltd. is considering seeking fresh offers for a stake in its green unit after the top bidder pulled out, a development that highlights the challenges the nation faces in rapidly developing its renewables industry to meet climate goals.

Malaysia is becoming the go-to destination for Asia bond investors like BlackRock Inc., with some looking to profit from possible signs of peak interest rates and others from an attractive yield pickup.

Van Eck Associates Corp. has disbanded the team for its planned China mutual fund business, becoming the latest global firm to retreat from the 27 trillion yuan ($3.9 trillion) mutual fund market.

China is set to release a plan that requires domestic steelmakers, who contribute more than half of global production, to keep this year’s output from exceeding 2022 levels, in an effort to grapple with a tepid post-pandemic recovery.