BlackRock Inc. and Apollo Global Management Inc. are among a group of creditors that lent around $500 million to bankrupt Bitcoin miner Core Scientific Inc. by purchasing its secured convertible notes, according to a court filing.
Norway’s supreme court is hearing a case over the country’s refusal to let a Latvian company catch snow crabs off the Arctic archipelago of Svalbard, testing the control of resources beyond the island group’s territorial waters.
German Chancellor Olaf Scholz is expected to give Poland approval as soon as Wednesday to re-export its German-made Leopard tanks to Ukraine, according to people familiar with the matter.
Israeli Prime Minister Benjamin Netanyahu flew to Amman to meet with Jordan’s King Abdullah II today following an escalation in tensions over a holy site in Jerusalem.
Salesforce Inc. will probably be urged by activist investors Elliott Investment Management and Starboard Value to cut more jobs, make changes to the board and spin off big acquisitions in search of greater profit, Wall Street analysts said.
The European Central Bank should continue lifting interest rates in half-point steps as workers secure bigger paychecks and underlying inflation pressures remain strong, according to Governing Council member Gediminas Simkus.
Canada’s oil-sands industry is examining how many workers it will need to build the carbon capture system that’s key to its emissions-reductions pledges, and leaders already are warning that scarce skilled labor may hinder projects.
The Bank of Canada led its peers into a succession of outsized interest-rate hikes last year and now may be the first to stop raising, although doing so presents a communications challenge for Governor Tiff Macklem.
Amazon.com Inc. has started a subscription service that lets Prime members purchase multiple drugs for a flat fee of $5 a month, the e-commerce giant’s latest foray into health care.
Binance Holdings Ltd., the world’s largest crypto platform, acknowledged that it mistakenly keeps collateral for some of the tokens it issues in the same wallet as exchange-customer funds.
