Latest News Updates From Bloomberg News

Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.

The European Union is set to propose a switch to zero-emission vehicles and boost its renewable energy target in an unprecedented push to align its economy with more ambitious climate targets.

Stellantis NV is leaning toward building its third European battery plant in Italy after Chairman John Elkann met with government officials in Rome earlier this week, according to people familiar with the discussion.

For a nation that provides safe passage for so many ships through its waters, Egypt offered up rather special treatment for the Ever Given.

OPEC+ infighting has deprived the oil market of extra supply and sent crude surging to a six-year high in New York.

DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.

AutoStore is weighing an initial public offering that could value the Norwegian warehouse robotics company at more than $10 billion, according to people familiar with the matter.

President Joe Biden and a group of bipartisan senators are close to agreement on a $559 billion infrastructure plan that would fulfill one of his top priorities, according to lawmakers and officials familiar with the discussions.

After years of booms and busts that produced astronomical losses along with a whole lot of oil, the fracking industry seems to have found a sweet spot. It’s poised to generate more than $30 billion of free cash this year.

The White House is giving bipartisan talks on a compromise infrastructure package another week to 10 days to bear fruit and is prepared to endorse a Democrat-only route if that effort fails, according to House lawmakers.