Bloomberg China’s State Council has decided to launch a probe after the death toll from the flooding in Henan province surged from 99 to 302, according to official media reports. The State Council decided to carry out a “comprehensive and objective assessment” of Henan’s disaster response, which will be led by the Ministry of Emergency Management, in a bid to ...

Bloomberg Hungary’s membership in the European Union may be assessed in a new light once the country becomes a net contributor to the bloc’s budget towards the end of the decade, Finance Minister Mihaly Varga said. The comments, made by one of the most moderate voices in Prime Minister Viktor Orban’s cabinet, revived concerns that an increasingly bellicose relationship with ...

Bloomberg Nonfungible tokens have shot to popularity in the past year. Shopify Inc’s move to facilitate sales might bring them even further into the mainstream. NFTs have become popular in industries from sports memorabilia to fashion and art, where their ability to provide authentication and uniqueness is prized. Last week, Shopify started allowing merchants on its platform to sell NFTs ...