Bloomberg Business

SriLankan Airlines has defaulted on its $175 million bond, having failed to amend the terms of the debt amid the worst economic crisis to engulf the country in its independent history.

Hong Kong billionaire Joseph Lau has sold dozens of mostly Hermes bags for HK$25.2 million ($3.2 million) in an auction by Sotheby’s.

Australia’s defense department will remove all surveillance technology manufactured by Chinese companies Hangzhou Hikvision Digital Technology Co. and Zhejiang Dahua Technology Co. from its premises, the latest Western power to crack down on the technology giants.

Singapore said it secured record investment commitments last year as the economy reopened, while warning that officials don’t expect to repeat that performance amid mounting global headwinds.

Japan’s ruling party members see the possibility of division within the party if Prime Minister Fumio Kishida chooses Hirohide Yamaguchi as the next Bank of Japan governor.

(Bloomberg) — The Bank of France ruled out a recession this winter as its monthly survey showed stronger-than-expected growth despite a succession of external shocks.

The UK is in the final stages of negotiating a so-called Green Economy Framework agreement with Singapore, seeking to capitalize on its experience with new technologies to boost trade and investment post-Brexit.

Zimbabwe’s biggest opposition party would win a free and fair election, according to one of the first surveys to be released ahead of a vote expected from July this year.

Air pollution from coal-fired power plants run by South Africa’s Eskom Holdings SOC Ltd. risks killing 79,500 people from 2025 until they are due to be shut, according to a study submitted to a government-appointed panel.

A blistering rally in the cobalt market is turning into a rout, putting pressure on miners and offering tentative cost relief for carmakers after a surge in battery metal prices last year.