Bloomberg Business

The Philippine peso will struggle to repeat its strong year-end performance as overseas remittances fade and the nation’s current-account deficit weighs.

Taiwan’s Evergreen Marine Corp. is celebrating a standout year by awarding stellar bonuses to some of its staff.

BioMarin Pharmaceutical Inc.’s Roctavian was still effective three years after patients received the one-time treatment for hemophilia A, the company said Sunday while disclosing its first contract with a German insurer for the gene therapy.

President Joe Biden was confronted at the airport in El Paso on Sunday by Texas Governor Greg Abbott, who demanded in a hand-delivered letter that Biden act immediately to stop unauthorized immigration including by building more walls on the border.

Fears of social unrest and political instability in Brazil will weigh on investor sentiment after supporters of former President Jair Bolsonaro on Sunday invaded the country’s top government buildings, challenging the leadership of President Luiz Inacio Lula da Silva just a week after he took office.

Britain is half way through a cost-of-living crisis that will leave families £2,100 ($2,488) worse off, the Resolution Foundation said.

UK manufacturing firms say they’re likely to cut jobs and production due to a surge in energy costs, even though the government has extended support.

Colonial Pipeline Co. resumed service to a vital conduit that supplies fuel to the US Northeast, fixing a leak from last week that the company took more than a day longer than expected to repair.

Ford Motor Co. and SK Innovation Co.’s battery unit canceled plans to build an electric-vehicle battery plant in Turkey amid rising global interest rates and weaker EV demand in Europe, the Korea Economic Daily reported.

Tianqi Lithium Corp. has agreed to buy an Australian lithium explorer in a deal that could accelerate production of enough supply of the metal for around 10 million electric vehicles.