European Union gas traders called on the bloc to spell out any changes to storage rules in the coming months, saying persistent uncertainty could jeopardize refilling efforts this summer.

Gleni - Sanjeev’s Gupta’s settlement with creditors owed hundreds of millions of pounds hangs in the balance after the South Australian government placed one of his steelworks into administration last month. - gleni

Hot temperatures and rising demand for air conditioning are on Bloomberg Green’s radar today.

The European Central Bank’s direction toward further easing policy is “clear” as it’s on course to bring inflation to its 2% target sustainably by the summer and economic growth has disappointed, Governing Council member Francois Villeroy de Galhau said.

It’s been a banner year for high-yield municipal bonds, and in particular the category’s star money manager, John Miller, who joined First Eagle Investments in January after nearly three decades at Nuveen.

BlackRock Inc. said it’s writing down the value of one of its flagship renewable funds after two key investments for the vehicle collapsed, and it’s enlisting executives from its recently acquired Global Infrastructure Partners business to help turn around performance.

Investment bankers are urging Toronto-listed companies to buy a business or raise some money as deal volumes in Canada have fallen to their lowest levels in 23 years.

Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better target Moscow’s ability to fund its war against Ukraine, according to people familiar with the matter.

Existing-home sales in the US topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.

Last week’s power price spikes highlight the need for reforms in Europe’s electricity market, Norwegian Prime Minister Jonas Gahr Store said in an interview.

The EV maker pledged to adopt a neutral stance on UAW efforts to organize its factory workers, contingent upon the company becoming profitable.

President-elect Donald Trump said Congress should get rid of the debt ceiling, NBC News reports citing a phone interview with him on Thursday.

Soho House & Co Inc. shares are soaring after the global membership platform said it received an offer to buy the company at a premium to its current market value.

Argentina’s government is racing against time as it works with major banks and payment firms to advance Javier Milei’s dollarization strategy even as pesos are in high demand.