Bloomberg Business

Venture capital funding to startups in the Nordic region slumped by more than a third last year as investors became more selective.

The European Union needs to prolong measures to curb natural gas demand to ensure it can make it through next winter, especially in the event of a full cutoff of Russian supplies, according to the Bruegel think tank.

The Hong Kong Monetary Authority raised its benchmark interest rate in line with the US Federal Reserve on Thursday in a move that’s likely to have little immediate impact on the real cost of borrowing, which has almost halved in the past two months.

Citigroup Inc.’s wealth arm has stopped accepting securities of Gautam Adani’s group of firms as collateral for margin loans as banks ramp up scrutiny of the Indian tycoon’s finances following allegations of fraud by short seller Hindenburg Research.

Asian nations counting on offshore wind farms to meet clean energy goals are facing an increasing shortage of ships for installing the massive turbines in the sea.

Sony Group Corp. is elevating Chief Financial Officer Hiroki Totoki to a position overseeing all operations, a move that splits the burden of running a Japanese giant spanning everything from chips to movies to insurance.

Bed Bath & Beyond Inc., the financially strapped home-goods retailer, missed interest payments on its bonds, a week after receiving a default notice from lenders.

Lawyers for Hunter Biden, President Joe Biden’s son, asked federal and state prosecutors to investigate people he accused of accessing and disseminating personal data, and also threatened Fox News host Tucker Carlson with a defamation suit.

Embattled billionaire Gautam Adani said his ports-to-power conglomerate would examine its capital market plans after abruptly pulling his flagship firm’s $2.5 billion domestic stock offering following fraud allegations made by short-seller Hindenburg Research.

Credit Suisse Group AG’s Zeth Hung has left the bank, the most senior departure for Asia-Pacific investment banking, as the Swiss lender continues to reshuffle its operations, according to an internal announcement.