Bloomberg Business

South Africa’s minimum hourly wage will increase by 9.6% to 25.42 rand ($1.39) from next month.

The European Union slashed its gas demand this winter by almost a fifth, beating a voluntary 15% goal that was made to help it survive the heating season with much lower Russian flows.

Walmart Inc. turned in another blowout quarter as more shoppers sought out its low prices, but the retailer offered a cautious outlook for the current fiscal year because of rising economic uncertainty.

The world’s largest climate-finance alliance faces an embarrassing mutiny from its cleanest members.

Société Générale Private Banking has agreed to pay $157 million to settle a lawsuit that alleges a group of banks enabled the $7 billion Ponzi scheme of financier R. Allen Stanford, according to a federal court filing Tuesday in Texas.

Egypt looked to raise $1.5 billion through the sale of its first Islamic debt, as the North African nation wrestles with a foreign-currency crunch.

The International Monetary Fund is prepared to provide sizable economic support for Ukraine under a new full-fledged loan program, Managing Director Kristalina Georgieva said.

After making more money than ever in the last few years, some of the world’s top energy traders are using the cash to expand in metals and agriculture.

The dispensaries are clustered in downtown Manhattan.

US Representative David Cicilline will resign June 1, leaving House Democrats without one of their most aggressive stalwarts on antitrust, equality and tech accountability issues.