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Elon Musk capitulates, complies with legal orders in Brazil

(Bloomberg) — Elon Musk backed down and decided to comply with court orders in Brazil, an attempt to end a monthslong clash that culminated...

Trafigura’s New Boss Is Ex-Soldier Who Says Profit Comes First

(Bloomberg) -- A couple of months ago, the man in line to be Trafigura’s next chief executive officer, Richard Holtum, gathered the commodity trader’s...

Charting the Global Economy: Fed Goes for Big Rate Cut as BOE Holds

(Bloomberg) -- The Federal Reserve kicked off its campaign to lower interest rates with a larger-than-typical half percentage-point cut, while the Bank of England...

Clean-Energy Firm Masdar Nears Deal to Buy Brookfield’s Saeta Yield

Reuters VideosTiny screens, big dreams: inside China's micro-drama industrySTORY: A medieval castle in Zhengzhou, China, looks like a movie set: lights, costumes, directors directing....

Koizumi Ranks as Top Choice in Polls Among Lawmakers in Japan’s LDP Race

(Bloomberg) -- Former Environment Minister Shinjiro Koizumi is leading in support from fellow lawmakers in Japan’s ruling party leadership race, polls showed, raising the...

Sri Lankans Vote in Tight Race That Puts IMF Funding at Risk

(Bloomberg) -- Sri Lanka’s 17 million voters head to the polls Saturday to elect a president two years after an economic meltdown and a...

Fake Names Lured Billionaire Salinas Into Scam, Lawyers Say

(Bloomberg) -- Lawyers for Ricardo Salinas Pliego unveiled new details Friday of the loan agreement they allege was part of a scam to con...

Sumitomo Hires Toro as CEO of Its Mexico Non-Bank Lender

(Bloomberg) -- Sumitomo Mitsui Banking Corp. hired Juan Toro as managing director and chief executive officer for its Mexican non-bank financial company.Most Read from...

Brazil Trims 2024 Spending Freeze Amid Investor Budget Concerns

(Bloomberg) -- Brazil announced a reduction of the total amount of its spending freeze to 13.3 billion reais ($2.4 billion) for this year in...

Australia Eyes Completion of US Critical Minerals Pact This Year

(Bloomberg) -- Australia expects to conclude an agreement with the US over critical minerals before the end of the year, Prime Minister Anthony Albanese...

Global Money Is Chasing Indian Stocks Again as Bull Run Extends

(Bloomberg) -- Overseas funds are piling money into Indian stocks, marking a strong return to the $5 trillion market after election-related uncertainty earlier this...

Soggy Asia Coffee Crop Means World’s Caffeine Fix to Stay Pricey

(Bloomberg) -- Any hopes that a flood of coffee exports from Asia’s major growers would take the heat out of a blistering rally that’s...

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