Bloomberg German Economy Minister Robert Habeck began a five-day trip to Namibia and South Africa Sunday, part of a push to secure new energy resources for Europe’s biggest economy to compensate for the cut-off from Russian gas supplies. During his first stop in the Namibian capital Windhoek, Habeck, who’ll be accompanied by a delegation of 24 German business leaders, …

  Bloomberg Across Wall Street, this year’s bleak expectations for banker bonuses are rapidly proving true, as a slump in dealmaking ends the industry’s war for talent and firms regain the upper hand in setting pay. JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by …

  Bloomberg HSBC Holdings Plc is cutting as many as 15% of its 2,000 senior operations managers worldwide, according to Reuters. The reductions are to streamline its management ranks and reduce costs, Reuters said, citing unnamed sources. The cuts, which are already underway, are global and across business units, largely affecting positions with the title of chief operating officer, it …