Bloomberg Business

Cosmetics-maker Elf Beauty Inc. has agreed to acquire drugstore skincare brand Naturium for $355 million in cash and stock.

Oil edged higher as further intervention by China to support its flagging property market bolstered sentiment across financial assets.

New York City business leaders asked Congress and the Biden administration for more money to deal with a flood of 100,000 asylum seekers straining local coffers.

US equity futures struggled for traction on Tuesday as traders awaited a raft of economic figures over the next few days, with the Federal Reserve’s data dependence firmly in mind.

Intesa Sanpaolo SpA is in talks to buy Romania’s First Bank from its private equity owner, JC Flowers & Co., people with knowledge of the matter said.

The world’s most powerful central bankers have vowed in unison to keep interest rates higher for longer if necessary to tame inflation.

Goldman Sachs Group Inc.’s sale of consumer-lending unit GreenSky is entering the final stretch with groups featuring Apollo Global Management Inc., Pagaya Technologies Ltd. and Sixth Street working on what’s poised to be their best and final offers, according to people with knowledge of the matter.

Airlines are rushing to restore flight operations in the UK and repatriate stranded passengers and planes after the worst air-traffic outage in a decade led to hundreds of delays and cancellations on one of the busiest days this travel season.

Toyota Motor Corp. said it will gradually resume operations at its 14 domestic plants Wednesday after a system malfunction suspended production, a rare glitch for the world’s biggest carmaker as it rushes to reboot its famed production system.

Hungary will probably cut the highest key interest rate in the European Union by a full percentage point as policymakers try to combat the country’s longest recession since at least 1995.