Bloomberg Business

President Joe Biden’s Asia czar, Kurt Campbell, is the leading candidate to be nominated as the next deputy secretary of State, according to people familiar with the matter.

Mexico’s former Foreign Minister Marcelo Ebrard, a frontrunner for the ruling party’s presidential candidacy, said the process used to pick the nominee was tainted and needs to be redone, throwing doubt on the carefully-staged system used to choose the successor to President Andres Manuel Lopez Obrador.

As the world’s most powerful leaders descend on New Delhi for the Group of 20 summit, India is pulling out all the stops, deploying fighter jets around the capital, painting murals on underpasses and chasing away packs of monkeys from government buildings.

Online grocery delivery startup Instacart Inc. is preparing to set a price range for its initial public offering and start its investor roadshow as early as Monday, according to people familiar with the matter.

A Japanese rocket is bound for the moon after taking off Thursday following multiple delays due to poor weather.

The Senate confirmed the second Black American to serve as the Federal Reserve’s vice chair in its 109-year history, and further boosted the institution’s diversity by confirming its first Black female governor for a full 14-year term.

The dollar’s recent strength has confounded naysayers, and according to some hedge funds, the rally isn’t over.

As the nation’s property companies reel, weak disclosure standards and conflicting communications are angering global bond buyers — putting them off China long-term.

The Biden administration is taking steps to thwart oil development in remote reaches of Alaska by canceling leases to drill in the Arctic National Wildlife Refuge and setting up plans for more conservation in the state’s petroleum reserve.

Flexport Inc. Chief Executive Officer Dave Clark is abruptly leaving the startup after a year at the company, making way for the return of its founder, Ryan Petersen, and highlighting pressure on startups in the logistics industry after a pandemic boom.