Bloomberg Business

Israel’s military downed unidentified aircraft along the country’s northern and southern borders amid reports that Israel planes have repeatedly attacked targets in Syria in recent days.

European Central Bank Governing Council member Robert Holzmann said another half-point increase in borrowing costs is “still on the cards” if the turmoil that’s rocked the global banking system doesn’t worsen.

A group of banks led by Goldman Sachs Group Inc. launched a $3.84 billion deal to offload the riskiest chunk of financing from last year’s Citrix Systems Inc. buyout, according to people with knowledge of the matter.

Texas Governor Greg Abbott sees an opportunity for Lone Star State shale drillers to massively boost crude production in light of OPEC’s surprise decision to crimp output.

US factory activity contracted in March by more than expected, with a closely watched gauge dropping to its lowest level since May 2020 as measures of new orders and employment retreated.

Enel SpA is evaluating the sale of a majority stake in its energy storage business, in a move aimed at further reducing the company’s debt burden, according to people familiar with the matter.

Apellis Pharmaceuticals Inc., a biotech firm focused on rare diseases and ophthalmology, is drawing takeover interest from larger drugmakers, people with knowledge of the matter said.

The UK Treasury is preparing to name a new member to the Bank of England panel that sets interest rates, a person familiar with the government’s thinking said, in a move that may impact the fight against inflation.