Brazil to roll back emergency fuel subsidies enacted after Middle East war began, as Lula seeks to show fiscal restraint. Move signals shift toward tighter budget policy.

World Bank to phase out lending to China by 2031, source says, signaling a major shift in multilateral development finance toward Beijing.

The World Bank plans to phase out lending to China by 2031, according to a source.

Getty Images board to terminate merger agreement with Shutterstock after July 6, SEC filing shows; company to redeem 10.5% senior secured notes due 2030 following termination.

Getty Images board to terminate merger agreement with Shutterstock after July 6; to redeem 10.5% senior secured notes due 2030 following merger termination, per SEC filing.

Colombia resumes interest rate hikes after court removes government's power to block monetary tightening, with presidential election easing concerns over central bank independence.

Colombia restarted interest rate rises after a court stripped the government of its power to block monetary tightening and the presidential election eased fears over central bank independence.

BAT to cut 9,000 roles as cost-cutting and turnaround plan intensifies, Bloomberg reports

BAT's cost-cutting will hit 9,000 roles as the company intensifies its turnaround plan, Bloomberg reports.