Bloomberg Business

The lingerie chain is revamping its televised fashion show in an effort to dig out of a deep sales hole.

Distressed debt specialist Michael Sutton is teaming up with a former Deutsche Bank AG colleague for one of the biggest European hedge fund launches of the year.

Wall Street economists are growing more upbeat about US economic growth while acknowledging that it may require interest rates to stay higher for longer, in line with recent projections by the Federal Reserve.

Indonesia launched trading in a new carbon emissions credit market as it aims to curb the climate impact of its coal-dominated power sector and hit net zero by 2060 or sooner.

The Swiss franc was set for the longest run of losses in almost half a century, stung by interest rates that pale in comparison to Europe and the US.

Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt are reviewing how to rein in the cost of the HS2 high-speed rail link between London and Manchester, a minister said, amid growing speculation the government will scrap or delay a chunk of the country’s flagship infrastructure project.

Germany slashed the volume of federal debt sales planned for the fourth quarter by €31 billion ($33 billion) as the government winds down financial support for households and companies hit by soaring energy costs.

Decarbonizing some of the European Union’s most polluting industries could be more effective if fossil fuels are used to produce hydrogen in the near term rather than renewables, according to an environmental organization.

To judge by recent history, a US government shutdown won’t be a huge event for the bond market. If anything, it could even provide a little short-term relief, since Treasuries usually rally when investors need somewhere to hide.

Among the sticking points highlighted by United Auto Workers on strike are the billions of dollars Detroit’s legacy carmakers have plunged into stock repurchases.