BLOOMBERG The role of the squeaky wheel in Renault and Nissan’s alliance looks to be changing in a remarkable example of what a difference a year makes. One year ago, Renault shares hit rock bottom in a rout triggered by the invasion of Ukraine. Fitch Ratings was sounding alarm bells about the carmaker’s exposure to Russia, then its No. 2 …

BLOOMBERG Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector. The Hang Seng Tech Index slid 3.2%, with Tencent Holdings Ltd. and Alibaba Group Holding Ltd. each falling at least 2% in Hong Kong. The shares tracked losses in the Nasdaq 100 overnight as Fed Chair Jerome …

BLOOMBERG Global stock markets struggled on Wednesday, after comments from Federal Reserve Chair Jerome Powell boosted interest rate wagers, drove up Treasury bond yields and revived fears that the world’s largest economy will not be able to dodge a recession. Europe’s Stoxx 600 equity benchmark slipped about 0.2%, following a weak Asian session, though US equity futures turned marginally positive, …