Bloomberg Business

Police are investigating the death of a person at the Burning Man festival in Nevada after heavy rains left the site mired in mud, stranding thousands of attendees.

The Mexican government’s draft budget for next year includes a capital allocation to Petroleos Mexicanos to pay maturing debts that have surpassed $11 billion, according to people with knowledge of the matter.

European shares ceded earlier gains in low-volume trading as some of the optimism around China’s property market stimulus ebbed.

The White House National Security Council said Kim Jong Un expects “leader-level talks” with Russia over providing weapons to support Moscow’s war in Ukraine, following a report the North Korean leader is planning to meet with Russian President Vladimir Putin this month.

The UK will announce new planning regulations that will lift an effective ban on new onshore wind farms this week, according to a person with knowledge of the matter.

After three years of legal wrangles, creditors including Strategic Value Partners, Deutsche Bank AG and Sculptor Capital Management will become the new owners of Spanish steelmaker Celsa Group.

The head of the World Trade Organization sharply criticized western governments for embracing protectionist policies and shifting toward a power-based global trading system.

Oil steadied near its highest level since November in a thin holiday trading session as traders await production updates from OPEC+.

Investors in sovereign bonds are mispricing a growing risk that has the potential to trigger downgrades, according to a study by analysts at Barclays Plc.