After a nine-month lunch break, China’s National Press and Publication Administration (NPAA) has reopened the window and started issuing game licenses again. Investors may be rejoicing, but rest assured that Beijing has a smile on its face, too. Let’s be clear: The NPPA isn’t some sloth-like bureaucracy that plods forward at DMV speed. In normal times, the Chinese regulator ...

  Unless Vladimir Putin rapidly comes to his senses and pulls out of Ukraine, Russia is on the verge of being cast out of the international capital markets for a very long time. Any bondholders still invested in the nation’s debt are on their own. The Russian government has tried to maintain payments to its creditors, but the US Treasury’s ...

Bloomberg EasyJet Plc reiterated its plan to gear up operations to near pre-pandemic levels through the summer high season, as an easing of travel restrictions unleashes pent-up demand. Europe’s second-biggest discount carrier managed to narrow its estimated loss in a fiscal first half roiled by the rise of the omicron variant of Covid-19, and has now turned its focus to ...