The US Justice Department is looking for new ways to cut off Russian sanctions evasion by focusing on overseas investment advisers, hedge funds, law firms and private equity managers that have previously escaped scrutiny.
Italy’s largest utility Enel SpA plans to accelerate cost cuts and maintain its dividend policy under controversial new management chosen by Italy’s rightwing government, people familiar with the matter said.
The municipality of Marion had planned to finance a new $10 million firehouse with a bond deal later this year, but that project and others are on pause because the city north of Columbus, Ohio, doesn’t have a credit rating.
The euro zone probably resumed growth in the first quarter as all four of its biggest economies proved resilient enough to shake off the fallout from war on the region’s frontier.
Reliance Industries Ltd., the oil-to-telecom conglomerate owned by Asia’s richest man Mukesh Ambani, posted better-than-expected quarterly profit on robust growth across nearly all its businesses.
A Russian Su-34 military jet accidentally fired on the city of Belgorod north of the Ukrainian border, the Russian defense ministry said, leaving a massive crater and damaging homes and cars.
Twitter Inc.’s widespread removal of legacy blue checkmarks was sowing confusion across the social-media platform on Friday, with celebrities saying they were verified without paying, government-affiliated labels on some media accounts disappearing and businesses being told they needed to pay for checkmarks to advertise.
Procter & Gamble Co.’s premium skin-care business is suffering as Chinese consumers refrain from traveling to shop.
Cargill Inc.’s first euro bond in almost 10 years met with huge demand from investors even though questions remain on how the food trader will align itself with new European Union rules designed to prevent deforestation.
Some 58% of the ocean surface experienced at least one marine heat wave last year, according to the World Meteorological Organization.
