Puig Brands SA agreed to buy the 50% of Isdin SA it didn’t already own for €1.2 billion ($1.4 billion), giving it full control of the skincare brand.

Oil surged as Saudi Arabia’s closure of a major crude pipeline following attacks jolted the market, with the move disrupting a route that’s been key to bypassing the Strait of Hormuz during the US-Iran war. Bloomberg's Rob Barnett joins to discuss. (Source: Bloomberg)

The cost of hiring an oil tanker on the industry’s benchmark trade route topped $1 million a day for the first time, as the Iran war leaves too few ships willing to cross the Strait of Hormuz to collect cargoes.

The most advanced models are starting to escape human control

Kyiv was caught off guard by the US president’s announcement after previous attempts to halt strikes on power plants and refineries failed

Bamboo Insurance Services Inc., a home insurance company controlled by private equity firm CVC Capital Partners, is seeking to raise as much as $700 million in an initial public offering that will enable its backers to cut their stakes.

Rather than rogue artificial intelligence agents supposedly killing us all, Beijing has a more immediate nightmare: That the technology could help humans tear society apart first.

US Stocks open lower to start the most consequential week of the year as Brent crude surges to a four-month high above $108, Saudi Arabia shuts its East-West pipeline after drone attacks,

FORM 8.3

Isabel Schnabel: Macroeconomic, fiscal and financial stability in a shock-prone world