Bloomberg Business

Chevron Corp. increased the annual rate of share buybacks in a show of confidence in its cash-generation goals, even after crude prices declined by more than 30% since June.

JPMorgan Chase & Co. has become the first City of London forecaster to predict that Britain will stay out of recession in 2023 after a slew of more resilient growth signals in recent weeks.

The US is closing monitoring Russia’s efforts to evade sanctions via Central Asia, Secretary of State Antony Blinken said on Tuesday in Kazakhstan, highlighting concerns that Russia is receiving microchips and other technology through imports from its neighbors.

First, Goldman Sachs Group Inc. Chief Executive Officer David Solomon said it. Then President John Waldron repeated it. Next, it was the bank’s Stephanie Cohen who reiterated that the bank is considering strategic alternatives for its consumer lending business.

Abrdn Plc suffered more outflows in the second half of 2022 as torrid market conditions took a toll on the asset manager, shrinking its assets to a record low.

Blue-chip bond sales are off to the best start to a year on record as borrowers, capitalizing on strong investor demand, try to squeeze sales in before rates rise further.

Euro-area bonds tumbled and traders bet the European Central Bank will raise interest rates to the highest level on record amid signs inflation in some of the region’s biggest economies is not coming under control.

The US is reviewing existing licenses for exporting items to Huawei Technologies Co. as Washington intensifies a crackdown on Chinese companies amid growing tensions between the world’s two largest economies.

The stock market’s resurgent enthusiasm for Tesla Inc. is poised for a test Wednesday when Elon Musk unveils his latest and much-hyped “master plan” for the electric-vehicle maker.

China’s used cooking oil is starting to help US trucks run cleaner — and that’s even after it has traveled halfway around the world.