Greensill Bank AG’s administrators are seeking more than $400 million from Zurich Insurance Plc in London lawsuits to recoup the defunct lender’s losses on controversial investments linked to Credit Suisse and Liberty Commodities Ltd..
Oil climbed to its highest in almost nine months on concern that a possible escalation of the conflict between Russia and Ukraine may hamper supplies in an already tightening market.
The Italian government’s partial u-turn on plans for a new banking windfall tax will likely allow lenders to keep their promises on shareholder returns intact, according to analysts.
Sri Lanka’s central bank cut the amount of cash that commercial banks need to keep as deposits in an attempt to bolster liquidity in the domestic money market.
Hoa Phat Group, Vietnam’s biggest listed steelmaker, will halt production at a blast furnace for three months for periodic maintenance, according to a person familiar with the matter.
Walt Disney Co.’s ESPN has signed a long-term exclusive agreement with casino operator Penn Entertainment Inc., licensing its brand for sports betting and deepening the media giant’s ties to the growing online gambling business.
The Minneapolis area has seen an increase in rental units, thanks to a regional effort that included new zoning rules.
The only analyst with a bearish view of Domino’s Pizza Group Plc has thrown in the towel.
Rice prices soared to the highest in almost 15 years in Asia on mounting concerns over global supplies as dry weather threatens production in Thailand and after top shipper India banned some exports.
Vestas Wind Systems A/S said it expects increased costs from a backlog of wind turbine orders to drag down full year earnings as executives avoided giving details on how the quality issues plaguing the broader wind industry would affect the Danish company
