The Philippines and Australia conducted an air assault exercise near South China Sea, marking the “first major” drills lined up for this year between the two armed forces amid rising tensions between Manila and Beijing.
Brazil analysts raised their 2023 inflation forecasts after state-controlled oil company Petroleo Brasileiro SA hiked domestic fuel prices, hurting chances that price-growth will slow to this year’s target range.
Iran’s oil exports are surging this month, swelling global flows at a time when other producers are cutting back, according to a firm that monitors satellite imagery of individual tankers.
DuPont de Nemours Inc. has agreed to sell a controlling stake in Delrin to private equity firm The Jordan Company in a deal valuing the resins unit at $1.8 billion.
A plume of the greenhouse gas from the billionaire’s rocket site was detected by an instrument on board the International Space Station.
Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up on government bonds this year in a bold bet that would atone for the punishing losses suffered in 2022.
Shares of Jio Financial Services Ltd., a spun-off unit of Reliance Industries Ltd., fell in a widely-watched trading debut amid likely selling by passive-fund trackers.
China is considering stronger action to address risks from local government financing vehicles, with Caixin reporting on a plan to give the businesses cheap funding as debt concerns mount.
Luxury watches worth more than £1 billion ($1.3 billion) have been reported as stolen or missing, with a surge in the number of thefts last year.
Daniel Cohen, a professor and Lazard adviser who led the Paris School of Economics, died Sunday, his publisher said. He was 70.
