BLOOMBERG Brazil President Luiz Inacio Lula da Silva arrives in China as President Xi Jinping seeks to build momentum for talks to halt fighting in Ukraine more than a year after Russia’s invasion. Lula’s trip to Shanghai and Beijing comes as Xi embarks on a round of diplomacy in the weeks after visiting Moscow, where he strengthened political ties with …

BLOOMBERG A Korean EV battery stock that is the top performer on the country’s small-cap index this year just got its first sell rating, sounding a note of caution for retail investors who have been piling into the sector’s shares. Ecopro Co, the holding company of battery materials supplier Ecopro BM Co, slumped almost 17%, the most intraday since January …

BLOOMBERG The largest US banks are about to reveal how they fared as customer deposits came under siege in the first quarter. Deposits at JPMorgan Chase & Co, Wells Fargo & Co and Bank of America Corp are expected to have tumbled $521 billion from a year earlier, the biggest drop in a decade, according to analysts’ estimates. The decline …