Bloomberg Business

Wall Street’s top banks are rushing back into the lucrative market for leveraged buyouts to reclaim business from private creditors.

Apollo Global Management Inc. has fired Dylan Foo, a partner and the firm’s head of infrastructure, over inappropriate behavior and policy violations, the firm said.

All four Moscow-area airports were briefly closed early Friday and planes diverted as air defense repelled a drone, according to Russia’s aviation watchdog. The UAV was taken down and fell on what was described as a non-residential building a few miles from the Kremlin. Moscow’s mayor reported no casualties and no significant damage. Ukraine hasn’t commented.

The driving force behind Ron DeSantis’s presidential bid isn’t his official campaign but rather a well-funded outside group that’s handling crucial day-to-day activities — powered by a cadre of seasoned political advisers and a deep cash trove.

The slow-moving influence of rising interest rates will end up torpedoing the economy, dashing Federal Reserve expectations that a recession can be avoided, according to renowned Wall Street curmudgeon Jeremy Grantham.

The US, UK and France condemned assaults against United Nation peacekeepers and damage to UN vehicles by Turkish Cypriots within the buffer zone that divides the two sides of Cyprus.

There’s a three-way battle underway for the title of the world’s biggest copper producer.

Standard Chartered Plc is joining a growing list of banks keen to explore opportunities in a debt-swap market that was once dominated by Credit Suisse.

India and China are set to host bilateral talks on the sidelines of a summit of the BRICS emerging market powers in Johannesburg next week as they continue to wrangle over a disputed border.