Bloomberg Business

Deutsche Bank AG is launching a new investment manager targeting private credit opportunities on behalf of institutional clients and high net worth investors.

Global oil markets face a supply shortfall of more than 3 million barrels a day next quarter — potentially the biggest deficit in more than a decade — as Saudi Arabia extends its production cuts.

While overall US inflation remains some distance from policymakers’ target, consumers can take solace that prices of goods sold online are continuing a steady decline.

Chile economists expect the central bank to cut its key interest rate by 75 basis points for the second straight meeting in October as inflation slows toward target and demand shows signs of stabilizing.

The US cleared the way for $6 billion in oil proceeds to be returned to Iran and agreed to release five Iranians as part of a secretly negotiated deal that will clear the way for five American citizens detained in Iran to return home.

US Labor Board prosecutors accused Amazon.com Inc. of imposing illegal secrecy rules on its staff, which could ultimately force the company to change its confidentiality regulations.

Russia is steering clear of extreme measures for now in response to economic turbulence, President Vladimir Putin said, trying to deliver a message of reassurance after a steep depreciation underscored his country’s vulnerability to financial shocks from the war in Ukraine.

A seemingly insatiable demand for cash is rippling through markets.

Swiss biotech firm Rejuveron Life Sciences AG has attracted backing from sovereign fund Mubadala Investment Co. to help bankroll its development of drugs targeting the effects of aging, people familiar with the matter said.