Hungary’s inflation rate quickened in February, marking the start of several months of volatility that may test the central bank’s resolve.
Abbisko Therapeutics Co., an oncology-focused Chinese biotech company, is planning a Hong Kong initial public offering that could raise about $250 million, according to people familiar with the matter.
Goldman Sachs Group Inc. is exploring a sale of its majority stake in Japan Renewable Energy Corp. amid interest from potential investors, according to people familiar with the matter.
The nation’s shrinking pool of minority farmers is due to receive $5 billion of assistance in the Covid-19 relief bill, reflecting the Democrats’ focus on the lingering impact of racism and their battle to take control of the Senate.
President Joe Biden’s soon-to-be-unveiled longer-term economic stimulus package is set for far tougher obstacles in Congress than the pandemic-relief bill that’s on the verge of squeaking through without a single Republican’s backing.
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