Bloomberg Business

Donald Trump is right about at least one thing: he’s in an unprecedented situation.

As recession worries take hold, US stocks are once more in favor with Citigroup Inc. strategists while Europe is losing its appeal.

Two months on from its explosive report into Gautam Adani’s acquisitive conglomerate, short seller Hindenburg Research has left the Indian billionaire’s empire chastened and reevaluating its ambitions.

The UK will join an 11-nation Indo-Pacific free-trade bloc, becoming the first new member since its creation, in a bid to strengthen economic ties with new partners following divorce from the European Union.

French inflation eased for the first time in three months, tracking slowdowns in other big euro-zone economies after last year’s war-induced spike in energy costs faded.

Eskom Holdings SOC Ltd. is considering buying electricity from a Karpowership plant to be located offshore Mozambique after declining to sign agreements to procure power from facilities the Turkish company planned to moor off the South African coast.

Virgin Orbit Holdings Inc., the satellite-launch company tied to British billionaire Richard Branson, is ceasing operations indefinitely, succumbing to growing cash-crunch pressures that have paralyzed startups in many emerging technologies.

China Vanke Co., the nation’s second-largest developer by sales, arrested an earnings slump by posting 22.6 billion yuan ($3.3 billion) in annual profit, underscoring the divide between private firms and those with state support amid a liquidity crisis.

Rugby Australia plans to kick off the search for new investors as soon as in the next two weeks as it gets ready for key international games including the 2029 World Cup and to fund the growth of women’s rugby.

At the annual Watches and Wonders trade expo, several top brands embraced the lightweight metal that’s known for its high tensile strength.