Bloomberg Business

Power producers in western Europe are expected to burn more gas to generate electricity, reducing the amount of coal the continent needs to keep its lights on.

Simmering anger over the Turkish government’s response to this month’s devastating earthquakes spilled into football stadiums over the weekend when thousands of fans called on President Recep Tayyip Erdogan to step down.

Vitol Group said oil prices could return to triple digits later this year as consumption climbs and the market tightens.

Britain’s economic prospects have improved enough to hand Chancellor of the Exchequer Jeremy Hunt an extra £10 billion ($12 billion) at next month’s budget, removing the threat of a further round of austerity, experts say.

Malaysia reached a $1.8 billion settlement with International Petroleum Investment Co. and Aabar Investments PJS to end a legal dispute linked to the multi-billion scandal involving the southeast Asian nation’s 1Malaysia Development Bhd.

Hong Kong might scrap its mask mandate as soon as early March, according to people familiar with the matter, a major step as one of the world’s last Covid holdouts works to reclaim its status as a global business hub.

President Joe Biden instructed federal agents responding to the train derailment in East Palestine, Ohio, to go door-to-door to conduct health surveys with impacted families, a White House official said Monday.

UniCredit SpA is set to increase its overall bonus pool for 2022 by about 20%, after a year in which the Italian lender beat profit expectations and increased shareholder returns, people familiar with the matter said.

Ernst & Young is looking to conduct partner votes on its proposal to spin off its consulting business in April and kickstart a related capital transaction by around the end of this year, according to its global partner.