Bloomberg Business

Chamath Palihapitiya “probably burned a couple-hundred million dollars,” learning to invest in climate tech companies, he says in Episode 24 of Zero.

Market ructions are the immediate worry as the European Central Bank prepares to retreat from €5 trillion ($5.4 trillion) of bond holdings, but the exit is raising more fundamental questions about how it will set interest rates over the coming years.

It’s not just truck drivers and nurses. The most acute labor shortage for many companies right now is the chief financial officer.

Third parties including charities and private individuals have pressed the UK government to add at least 1,000 names to its sanctions regime after Russia’s invasion of Ukraine.

Tesla Inc.’s biggest competitor is likely to be a Chinese company, Chief Executive Officer Elon Musk said on a call with analysts following the electric-vehicle maker’s quarterly earnings.

The Philippines weathered price and interest-rate pressures to deliver one of Asia’s strongest expansions, with robust spending boosting growth by the most since the 1970s amid a bleak global outlook.

Singapore’s UNESCO-nominated hawker centers were no exception to the global inflation fight, posting the largest price jump among all dining outlets.

The Bank of Japan is facing a fresh headache in the dysfunctional local bond market — it has become so illiquid that some securities are being kicked out of an important global index.

South Africa’s central bank is set to moderate its most aggressive interest-rate hiking cycle in at least two decades Thursday, and economists and traders will be on high alert for any signs of a pivot away from policy tightening.