ZHANGZHOU / WAM Shaun Torrente and Rashed Al Qemzi combined to give Team Abu Dhabi a rewarding end to the Grand Prix of Zhengzhou as Sweden’s Jonas Andersson won the second round of UIM F1H2O World Championship in China. Three-time world champion Torrente battled his way from fourth at the start to second place behind Andersson as the Swede produced ...

BLOOMBERG Colombia raised interest rates to the highest level since 1999 after political turmoil triggered a plunge in the nation’s bonds and currency. The central bank lifted its benchmark rate by a quarter percentage point to 13.25% on, Governor Leonardo Villar told reporters in Bogota. Four of the seven-member board voted for the move, two voted to hold, and one ...

BLOOMBERG China’s biggest lenders, including Industrial & Commercial Bank of China Ltd (ICBC), eked out profit growth in the first quarter of 2023 as they wrestled with shrinking margins and the lingering economic impact of China’s exit from Covid zero. Net income at ICBC rose 0.02% to 90.2 billion yuan ($13 billion) from the year-earlier period, according to an exchange ...