Bloomberg Top News

Toronto’s housing market hummed back to life last month as the traditional spring selling season brought a surge in both sales and prices following last year’s record rout.

Artificial intelligence will be dangerous in the hands of unscrupulous people, according to Microsoft Corp. Chief Economist Michael Schwarz.

Turkey’s inflation slowed below 50% for the first time in over a year, with risks for price stability rising as the country goes to the polls in less than two weeks.

Oil fell below $75 a barrel for the first time since March, extending a 5% drop on Tuesday as the prospect of a US recession weighed on the outlook for demand and investors shunned riskier assets.

Investors turned more optimistic on US equities in the week before Wednesday’s Federal Reserve rate decision as a better-than-feared earnings season supported sentiment, according to Citigroup Inc. strategists.

Stellantis NV dipped to a three-month low amid growing concerns about car demand in a subdued global economy and disappointing sales in Europe during the first quarter.

Taliban’s top diplomat will travel to Pakistan later this week to hold talks with his Chinese counterpart Qin Gang that could include extending a Belt and Road Initiative to Afghanistan.

For decades, Europe’s commodity traders have avoided being regulated on par with other financial firms. A new proposal currently working its way through the European Union legislative system could change that.

Qantas Airways Ltd.’s premium lounge at Hong Kong airport reopened Wednesday after a three-year closure, a further sign the city is gradually returning as an international travel hub after the pandemic.

HSBC Holdings Plc Chairman Mark Tucker held discussions with key shareholders in recent weeks as the Asia-focused lender pushes back against repeated calls from its biggest investor Ping An Insurance Co. to restructure.