Bloomberg Business

Inflation on British groceries jumped to another record high in January with little sign of price rises slowing on consumers’ weekly shop.

Hong Kong is sticking with a plan to become Asia’s digital-asset capital despite the industry’s tarnished reputation, a stance drawing tentative interest from bruised crypto firms looking for paths to recovery.

Israeli Prime Minister Benjamin Netanyahu used an appearance by billionaire Gautam Adani at a ceremony on Tuesday to highlight Israel’s plans to expand the reach of its ports.

UBS Group AG’s investment bank underperformed US peers in the fourth quarter, as equities revenue slumped and the Swiss firm failed to match gains in fixed-income trading.

Foreign-exchange volatility hammered North America’s corporate profits by a record in the third quarter, though signs of relief are on the horizon.

India’s market regulator met with ratings agencies to discuss Adani Group companies, according to people familiar with the matter, after a short-seller’s scathing report eroded more than $69 billion of the conglomerate’s stock market value.

Food giant Wilmar International Ltd. will continue to support its joint venture with India’s under-fire Adani Group, saying a report from short-seller Hindenburg Research had not raised any issues specific to the unit.

Europe’s largest banks kicked off earnings season with pledges to return more than $12 billion to shareholders, following an interest rate bonanza that’s bolstering lenders from Milan to Stockholm.

The euro area’s unexpected growth in the final quarter of 2022 is down to Ireland’s outsized expansion in the period, according to economists.