Bloomberg Top News

Ben Brazil, who helped turn Macquarie Group Ltd.’s leasing and lending business into a major earnings driver, has built up almost $2 billion in funds to target distressed assets.

At Formula One’s inaugural Chinese Grand Prix in Shanghai in 2004, five-year-old Zhou Guanyu was in the stands cheering on his idol, Spain’s Fernando Alonso.

Air France-KLM left investors guessing about the strength of its recovery, abstaining from a full-year profit forecast and trimming its capacity prediction as French air-traffic control strikes and engine shortages injected uncertainty into the outlook.

Rishi Sunak’s UK Conservatives lost scores of local council seats in a bruising first election for the prime minister that suggests the ruling party is in danger of losing power in a national vote that’s expected next year.

Apple Inc.’s shares rose in premarket trading after reporting a rebound in iPhone sales last quarter, helping the world’s most valuable company top earnings estimates and weather an industrywide downturn that has battered much of its product lineup.

DBS Group Holdings Ltd. said its digital systems have recovered after an earlier disruption saw retail customers face difficulties performing banking and payment services through its apps and websites.

Global food prices rose for the first time in a year, just as the rampant run-up in grocery costs begins to cool in some countries.

Thailand’s opposition parties are heading for a sweep of the May 14 general election, with Pheu Thai, a party linked to former Prime Minister Thaksin Shinawatra, poised to secure a clear majority in the lower house, according to a voters survey.

Shipments from Tesla Inc.’s Shanghai facility dropped in April, a sign consumers may be casting around for other electric vehicles as manufacturers across the country drop their prices.

Crowded equity trades and possible policy remediation for US regional banks may bring an end to a trade that’s roiled broader markets but proved lucrative for some short sellers.