Thailand’s new Prime Minister Srettha Thavisin pledged to unite the country and move it forward after a bitterly fought general election and months-long political impasse over government formation polarized voters.
TDR Capital and Sycamore Partners have brought in Goldman Sachs Group Inc.’s asset management arm as they make a last-ditch effort to beat out frontrunner Roark Capital Group in the bidding for sandwich chain Subway, people with knowledge of the matter said.
Russian drones struck Ukrainian grain infrastructure near the Danube River, the latest in a raft of attacks on the waterway that’s vital for getting Ukraine’s exports out to markets now its Black Sea ports are shut.
Oil fell for a third day as a hastening downturn in the euro area added to wider worries about economic growth in top importer China.
The New Development Bank, a financial institution created by the BRICS bloc, is struggling to find viable projects to fund as part of its $3 billion pledge for South Africa’s Just Energy Transition initiative.
European natural gas prices plunged as talks aimed at heading off strikes at Australian LNG facilities entered the final stretch.
President Xi Jinping called on the BRICS bloc of emerging markets to fasttrack a plan to expand its members at a summit in South Africa, as China leads a push to give the group more clout on the world stage.
Indian Prime Minister Narendra Modi gave public backing to adding new members to BRICS and Chinese President Xi Jinping called for the process to be accelerated.
Crispin Odey has stepped back from several companies connected to his family, marking the hedge fund founder’s latest retreat from business activities following sexual harassment allegations.
After months of underperforming the broader market, Canada’s Big Six banks are likely to continue struggling as expenses and loan-loss provisions rise and consumer finances deteriorate.
