Bloomberg Business

Germany’s Ruling SPD to Push for Stricter Rent Caps, Bild Says

(Bloomberg) — Germany’s ruling Social Democratic Party will vote on a proposal for lower limits on rent increases as a way to tackle inflation in Europe’s largest economy, according to a draft resolution reported by the Bild newspaper. 

Spain’s Football Association Calls Emergency Meeting on Rubiales

Spain’s national football association called an emergency meeting to respond to FIFA’s suspension of its president Luis Rubiales over his behavior at the Women’s World Cup final where he celebrated the team’s victory by kissing a player on the lips.

Israel Government to Probe Police Use of NSO Group Spyware

Israel’s government established a commission to investigate whether police misused spyware in an inquiry that the attorney general warned could potentially obstruct the criminal case against Prime Minister Benjamin Netanyahu.

Discounts Make a Comeback as Shoppers Get Picky About Spending

US shoppers are getting increasingly hesitant about shelling out for shoes, appliances and other nonessentials. That has more retailers and consumer-goods makers reaching for an old tool to pry open their wallets: promotions.

Raimondo Seeks to Seize Moment With China Visit Focused on Business

US Commerce Secretary Gina Raimondo is in China this week with an aim to improve communication and promote healthy competition, as Washington seeks to expand business ties between the two largest economies even as government relations remain shaky.

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