Bloomberg Business

Euro-area economic confidence unexpectedly slipped this month as industry lost momentum.

Ukraine’s title-chasing soccer club FC Shakhtar Donetsk has complained to the European Union’s antitrust watchdog after governing body FIFA allowed star players it claims were worth more than €40 million ($43 million) to leave for free following Russia’s invasion last year.

Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according to data compiled by Bloomberg, and the country’s energy officials are voicing concerns about the situation.

The European Union’s Ursula von der Leyen warned the bloc to scale back the risks in dealing with an increasingly assertive China, rather than decouple completely in response to a new era of state security and control.

China has tasked its Vice Premier He Lifeng, a close confidante of President Xi Jinping, with the mandate of shoring up the nation’s embattled property industry as well as the $60 trillion financial sector, according to people familiar with the matter.

Taiwan Semiconductor Manufacturing Co.’s chairman called on the island to produce more of the equipment essential to advanced chipmaking, shoring up its already critical role in the $550 billion industry.

The ruler of the United Arab Emirates named his son crown prince of Abu Dhabi, effectively positioning him as the next in line in the major OPEC oil exporter, and elevated several powerful brothers in a careful division of power.

Global stocks and bonds are moving more closely in line with each other than they have in nearly three decades, providing a headache for fund managers seeking to spread their risk.

HSBC Holding Plc’s chief executive officer Noel Quinn and other senior managers were accused in a London lawsuit of pressuring the bank’s staff to loan millions of pounds to a friend’s real estate firm, where Quinn’s daughter worked.

An American private equity firm has agreed to finance a roughly £300 million ($370 million) housing development in Birmingham, in the biggest ever UK build-to-rent funding deal outside of London.