Bloomberg Business

Geely Automobile Holdings Ltd., the centerpiece of billionaire Li Shufu’s car empire, posted earnings that beat estimates and forecast further sales growth this year.

Mercedes-Benz Group AG suffered a setback in a dispute at the European Union’s top court over its duty to compensate owners of cars equipped with illegal computer technology that overrides anti-pollution systems in order to protect components at low temperatures.

Sri Lanka clinched a $3 billion bailout loan from the International Monetary Fund after six months of negotiations. Now comes the harder part: getting a debt restructuring agreement and seeing through monetary policy and tax reforms.

ESG is dividing investment trends across the globe.

The Philippines’ largest exporter groups on Tuesday urged the government to exempt their local purchases from a 12% value-added tax to help them offer competitive prices in the international market.

Switzerland’s tab for shoring up its reputation as a financial center could run to 12,500 Swiss francs ($13,500) for every man, woman and child in the country.

The cost to borrow overnight in Hong Kong jumped the most in at least 17 years, with market watchers pointing to stress in the global financial system as well as cash hoarding by banks ahead of the Federal Reserve rate decision and the quarter-end.

UBS Group AG is more reliant for its capital on the type of risky bonds that were wiped out in the Credit Suisse Group AG takeover than any other major lender in Europe.

European Central Bank Governing Council member Robert Holzmann is less certain than previously about whether three additional big interest-rate increases will be needed, following recent turmoil in the banking system.

Colorado Senator Bennet wants information on how chatbot makers are handling safety for kids