Bloomberg Business

The clock is ticking on Chinese developer Country Garden Holdings Co. to avoid what would be its first default.

China criticized the Biden administration’s strategy toward Beijing as being “doomed to fail,” less than a week after Commerce Secretary Gina Raimondo’s visit to the Asian nation aimed at bolstering ties.

Binance’s head of product Mayur Kamat became the latest senior executive to leave the world’s biggest crypto exchange, which is under mounting pressure from regulators around the globe.

Italy’s governing coalition is fighting over plans to sell state-owned assets, including the world’s oldest bank, to bolster finances stung by a souring economic outlook.

German banking regulator BaFin said its website has only been partially accessible since Friday after a so-called distributed denial of service attack.

A United Arab Emirates investment firm bought a 30% stake in Egypt’s largest tobacco company for $625 million, in a major boost to the North African nation’s ambitious program to offload state assets and raise sorely-needed foreign currency.

In about six weeks, India has rattled the rice market.

Nestle SA sold its peanut-allergy medicine business to Swiss health-care group Stallergenes Greer after the food company gave up hopes that it would become a blockbuster treatment.

Israel’s central bank has a close call to make as it considers breaking with the US Federal Reserve’s last decision to raise interest rates, even with the shekel having depreciated near a three-year low in recent weeks.