Bloomberg Afghanistan’s acting finance minister Khalid Payenda has resigned and left the country after the Taliban captured key customs posts bleeding the administration of revenue, reinforcing the government’s isolation as the extremists make swift gains. Payenda has “resigned and left the country because Afghanistan is grappling with declining revenues after the takeover of the custom posts,” Finance Ministry spokesman Mohammad ...

Bloomberg Senate Democrats took a major step towards the biggest expansion in decades of federal efforts to reduce poverty, care for the elderly and protect the environment, passing a $3.5 trillion budget framework that opens the way for President Joe Biden’s economic agenda. The party-line 50-49 vote marks an abrupt reversal from the tax-cutting philosophy of Republicans when they controlled ...

Bloomberg European Sustainable Growth Acquisition Corp is buying Germany’s ADS-TEC Energy GmbH, which creates technology used for electric charging platforms, in a deal that will give the combined firm a market value of about $580 million. The transaction with the special purpose acquisition company, or SPAC, includes a $156 million private investment in public equity, or PIPE, with investors such ...