Bloomberg Business

Relations between Russia and the Baltic region reached a new low as tit-for-tat expulsions and staff cuts were set to leave no ambassador-level diplomats between the nations.

The death of the cheap-money era is redrawing Corporate America’s earnings map — upending a decade of Wall Street wisdom over which stocks are the bargain buys or the high fliers of tomorrow.

US President Joe Biden had hoped to put the mishandling of sensitive government files behind him. Instead, the emergence of another batch of classified material now has his own party upset at him.

Consumer sentiment in the euro area rose to the highest level since last February, a sign of resilience as the region seeks to dodge recession this year.

Rishi Sunak ordered a probe into Conservative Party Chairman Nadhim Zahawi’s tax affairs, as a fresh spate of allegations about financial impropriety in the ruling party undermined the UK prime minister’s pledge to run an administration that’s beyond reproach.

Hedge fund Elliott Investment Management has taken a substantial activist stake in Salesforce Inc., swooping in after layoffs and a deep stock swoon at the enterprise software giant.

The operator of Berlin’s largest airport expects strike action to bring all regular flight traffic to a standstill on Wednesday as ground crews, services staff and security personnel walk off the job.

Spotify Technology SA is planning to cut about 6% of its employees, or around 600 employees, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs.

The US Supreme Court asked the Biden administration for input on Florida and Texas laws that would sharply restrict the editorial discretion of the largest social media platforms in a First Amendment showdown.