As quickly as it blew up, the food crisis of 2022 appears to be receding. Indonesia halted exports of palm oil in April in the face of a price spike. Prices are now down more than 40% from the peak. Corn prices fell by nearly a quarter since the start of May. Sugar and coffee beans have hit respective ...

  HSBC Holdings Plc is hoping to buy off dissenting investors with a boost to dividends and a forecast for higher returns. The promises made at the half-year results sent the bank’s stock sharply higher, but the shareholders agitating for big changes are likely to want more — and soon. The London- and Hong Kong-based bank is facing breakup calls ...

  Bloomberg Bangladesh’s garment industry, the world’s No. 2 exporter after China, is facing a double whammy from slowing global demand and an energy crisis at home that’s threatening to thwart the nation’s pandemic recovery. Plummy Fashions Ltd, a supplier to PVH Corp, the parent company of fashion brand Tommy Hilfiger, and Inditex SA’s Zara, saw new orders in July ...