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Hungary cancels defense chiefs’ meeting as EU allies stay away

  Bloomberg Hungary was forced to cancel a meeting of central European defense ministers after two of its closest allies in the European Union pulled out in response to Prime Minister Viktor Orban’s limited support for Ukraine. Hungary was due to host the defense chiefs of the so-called Visegrad Group in Budapest for a two-day meeting starting Wednesday. The event ...

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Bolsonaro released from hospital after discomfort

  Bloomberg Brazilian President Jair Bolsonaro was released from the hospital early Tuesday, less than 12 hours after being admitted due to abdominal discomfort. Local TV news network GloboNews showed images of a presidential convoy of cars leaving the hospital on Tuesday in Brasilia as part of its report of the discharge. While the government didn’t immediately provide additional details ...

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Bank of China sees fastest profit growth since 2013

  Bloomberg Bank of China Ltd. reported its biggest profit increase in almost a decade last year as lending momentum recovered in the second year of the pandemic and a build-up in bad loans eased. Net income jumped 12.3% from a year earlier to 216.6 billion yuan ($34 billion) in 2021, the lender said in a filing. That beat a ...

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