Bloomberg Business

Nigeria’s central bank increased the key interest rate to the highest level since it was adopted in 2006 and plans to extend monetary tightening to contain inflation and bolster the differential that makes local assets attractive to foreign investors.

New York Attorney General Letitia James asked a state judge to force the accounting firm Whitley Penn LLP to produce documents and testimony in her $250 million lawsuit against Donald Trump.

Six little-known companies emerged as new kings of Russian oil in December, collectively handling enough of the country’s exports to catapult them into the leagues of the world’s largest commodity traders.

President Luiz Inacio Lula da Silva stepped up attacks on Brazil’s central bank, calling it “irresponsible” for maintaining borrowing costs at a six-year high, on the eve of monetary policy decision that’s expected to bring no change to the benchmark Selic.

UBS Group AG jumped as much as 10%, on track for its biggest gain since March 2020, as investor optimism about the takeover of its largest rival gathered pace.

Treasury Secretary Janet Yellen said on Tuesday the US government could repeat the drastic actions it took recently to protect bank depositors if smaller lenders are threatened.

Swiss sneaker maker On Holding predicted that its tennis and running footwear will drive sales growth of almost 40% this year as the upstart eats into a sports footwear market traditionally dominated by larger rivals Adidas AG and Nike Inc.

Americanas SA, the embattled Brazilian retailer, proposed a plan to restructure its 42.3 billion real ($8.1 billion) debt load some two months after obtaining bankruptcy protection that includes losses for unsecured creditors, a capital injection and asset sales.