Bloomberg Business

Major asset managers are looking to M&A as they vie to enter the booming private-lending market.

The European Central Bank’s dilemma over whether to deliver a 10th straight interest-rate increase on Thursday hinges chiefly on how quickly its forecasts show inflation retreating.

The billionaire family behind A.P. Moller-Maersk A/S is forming a new company that will produce green methanol in a bid to help cut emissions from the shipping industry, one of the world’s biggest polluters.

Ukraine’s central bank is expected to press ahead with interest rate cuts after it began easing war-time tightening this year in response to a rapid drop in inflation into single-digit territory.

From his hardware store in Cambridge, England, Neil Mackay has seen a sharp rise in the number of tools being stolen. This year he’s lost more than £1,000 ($1,248) worth of pliers, while his shop was broken into in January. Stealing has become so common that Mackay, 68, keeps a rogues’ gallery of CCTV images of suspects pinned to the wall.

Malaysia and the broader 10-country Association of Southeast Asian Nations have emerged as the biggest beneficiaries of the supply chain realignment caused by rising US-China tensions, according to Trade Minister Zafrul Abdul Aziz.

Australian jobs rebounded in August following a surprise drop while the unemployment rate held steady, suggesting the labor market is managing to cope with the Reserve Bank’s 12 interest-rate increases.

National Australia Bank Ltd. is planning to close its Hong Kong office and consolidate operations into mainland China, Singapore and Japan.

The country’s fires this year have emitted 410 million metric tons of carbon, according to Copernicus, and they’re still burning. 

If a surge in government support for strategic industries risks fueling a global subsidy war, then the European Union may have just sparked one of its biggest battles.