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Billionaire investor had clashed with Brasília this year over alleged misinformation on his X social media platform

Financial group tells investors it is ‘severely insolvent’ after unexpected death of its founder in 2021

Growing demand forces shipowners to turn to China despite its limited experience building complex containers

Two bidders for Romanian photovoltaic park withdraw a month after Brussels launched investigation

Covert officer paid and directed far-right Belgian politician for more than three years

Also in this newsletter: UK inflation back to target, ECB debt warning, jumping robots

Their models are cheaper thanks to US export restrictions that have inadvertently spurred innovation

Third round of rate reductions this year comes as sector faces mounting pressure from bad loans

Steps taken in Hong Kong by China Construction Bank signal creditors’ growing impatience with struggling sector