Bloomberg Business

Binance, the cryptocurrency exchange that was sued by US Commodity Futures Trading Commission on Monday, faces another pressing issue: a steep drop in market share.

Finance Minister Chrystia Freeland plans to expand Canada’s investment subsidies for the oil and hydrogen sectors and allocate C$2 billion ($1.5 billion) to a fund for cutting emissions from heavy industry.

Amazon.com Inc. is opening its Sidewalk wireless network to outside developers to see if a technology built to extend Wi-Fi coverage outside the home has commercial applications beyond the company’s own devices.

Odds of the US economy backsliding into a recession are higher now than a month ago after steady interest-rate hikes by the Federal Reserve and growing risks of tighter credit conditions in the wake of several bank failures.

Prime Minister Benjamin Netanyahu has delayed by a few months his government’s plan to limit the powers of the country’s judiciary. The pause came in response to massive protests that raged across the country and a one-day general strike that shut down much of the economy. Netanyahu said he aimed to pull Israelis back from the brink of a civil war.

The US merchandise-trade deficit widened slightly in February for a third month as a decline in the value of exports exceeded a drop in imports.

BP Plc and Abu Dhabi National Oil Co. will form a natural gas joint venture and have made an offer to take Israel’s NewMed Energy private in a deal worth around $2 billion.

The UK’s domestic intelligence agency, MI5, increased the terror threat level in Northern Ireland from substantial to “severe,” meaning an attack is deemed to be “highly likely” just as US President Joe Biden plans a visit to the region.

China’s Commerce Minister Wang Wentao sought to assure the head of ASML Holding NV that Beijing remains a reliable partner even as the Dutch government imposes new restrictions on exports of advanced semiconductor technology.