Bloomberg Business

Egypt’s central bank revoked a requirement for importers to secure letters of credit, a rule that had been blamed for a massive backlog at ports.

Kazakhstan’s oil-pipeline operator sent a request to its Russian counterpart to send Kazakh crude via the Druzhba pipeline to Germany next year.

In the ongoing war for talent, these perks will be even more important in 2023.

The Dubai Court of Appeal has ruled to extradite British hedge-fund trader Sanjay Shah to Denmark on alleged fraud and money laundering crimes, overturning an earlier decision.

Savvy investors seized tightening credit markets this year to reshape the distressed investing playing field just as more companies look destined for default in 2023.

Wealth Minerals Ltd. is betting that its plan to use a more sustainable lithium mining method will lure European buyers of the mineral used in electric vehicle batteries and solar panels.

Serbs in Kosovo began removing road barricades erected in protest against the largely ethnic-Albanian government, after the US and European Union increased pressure on both sides to avert a new Balkan conflict.

Goldman Sachs Group Inc. is working on a fresh round of job cuts that will be unveiled in a matter of weeks, Chief Executive Officer David Solomon said in his traditional year-end message to staff.

Pfizer Inc.’s gene therapy for a hemophilia B hit its main goal in a final-stage trial, moving closer to becoming a competitor to a similar one-time treatment that costs $3.5 million.