Business

Germany, France, Spain Balk at Yuan Bond Sales After Bank Talks

Germany, France and Spain had exploratory discussions with bankers about China’s dim sum bond market, according to people familiar with the matter, but none of them say they have plans to pursue such offerings at the moment.

Latin American Steel Sinks on China Fears, Brazil Policy

Brazil's Gerdau, CSN and Mexico's Ternium sold off sharply on Thursday as cheap Chinese imports and softening construction data rattled investor confidence. The post Latin American Steel Sinks on China Fears, Brazil Policy appeared first…

Europe’s wildfire ‘protection gap’ is growing, insurers warn

Insurers warn that Europe is facing a "protection gap" in wildfire cover as disaster recovery costs outpace insurance coverage.

Macro Picture Continues to Be Supportive, Coutts Says (Video)

British Engineering Firm Goodwin Starts Strategic Review

Goodwin Plc, a family-run UK engineering firm founded more than 140 years ago, has started a strategic review that may lead to the sale of a large chunk of a key business.

Top Indian Shadow Bank’s Shares Hit as RBI to Tighten Loan Rules

Bajaj Finance Ltd. led declines in Indian shadow lender stocks as the central bank proposed to bar them from offering revolving credit facilities.

EU Commission signs contract to expand IRIS2 satellite constellation

Japan’s Biggest Insurers Post $96 Billion in Bond Paper Losses

Japan’s four largest life insurers reported that their combined unrealized losses on domestic bonds increased 7% in the three months through June, showing the risks to the industry from soaring interest rates.

UAE’s Adnoc Buys Tankers for $1.3 Billion as Crude Exports Boom

The biggest oil producer in the United Arab Emirates spent $1.3 billion to expand its tanker fleet to benefit from surging crude exports after the country left OPEC and pushed more of its oil through the contested Strait of Hormuz.

SK Hynix to Spend $38 Billion on Chip Factory Expansion in Korea

SK Hynix Inc. plans a 54 trillion won ($38 billion) expansion of its chipmaking facilities in South Korea, the company said in a statement Friday.

U.S. support for yen increases expectations for September rate rise in Japan

Before the coordinated intervention, most analysts were looking to December for the next move higher.

Bridgerton's Adjoa Andoh on What Still Makes Her Nervous

Adjoa Andoh pulls back the curtain on Bridgerton, telling Mishal Husain it's still "nerve wracking" working on new scripts for Shonda Rhymes. (Source: Bloomberg)