Bloomberg Business

Newcleo, a company developing small nuclear reactors powered by radioactive waste, has started a plan to raise as much as 1 billion euros ($1.1 billion).

Japanese Prime Minister Fumio Kishida is expected to seek India’s assistance to forge a broader and stronger coalition to punish Russia for its invasion of Ukraine when he meets Narendra Modi on Monday, adding pressure on New Delhi to choose between major world democracies and a key supplier of energy and weapons.

Staff at Teleperformance are still reviewing TikTok’s most disturbing content, including child sexual abuse, despite the company’s pledge to exit the business following shareholder backlash last year.

Australian banks are “unquestionably strong” with solid capital and liquidity buffers, a senior Reserve Bank official said, alleviating fears that stresses in the global financial system could hurt the nation’s big four lenders.

The Chinese president’s trip to Russia marks his most ambitious effort yet to weigh into Europe’s bloodiest conflict since the Second World War.

Currency markets fluctuated after Switzerland brokered a rescue of Credit Suisse Group AG, with traders weighing the deal’s impact on the Federal Reserve’s monetary-tightening path.

Oil steadied at the week’s open as the world’s most powerful economies took aggressive steps to contain the worst global banking crisis since 2008, bolstering the allure of risk assets including commodities.

President Vladimir Putin flew into the occupied Ukrainian city of Mariupol in Donetsk. The unannounced trip, which wasn’t planned in advance, came hours after he visited Crimea for “reunification” events marking the 9th anniversary of Russia’s annexation of the peninsula.

Bob Michele, the chief investment officer of fixed income at JP Morgan Asset Management, said he’s hopeful that UBS Group AG’s deal to buy its troubled Swiss rival Credit Suisse will be enough to stave off a wider selloff in European banks this week.

More than a dozen politicians and former cabinet members in the Dominican Republic — including a former finance minister and a presidential candidate — were arrested on corruption charges in what the government called “Operation Squid.”