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BHP Group said it expects the expansion of its giant Jansen potash mine to cost $6.9 billion, the latest in a series of cost and time overruns for the project in Canada.

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)

Switzerland lost its position as the world’s most competitive economy to Singapore, slipping to third place in the ranking as high US trade tariffs and a strong Swiss franc hurt investment flows.

Onitsuka Tiger is looking to bring its mark as an independent brand, separate from Asics. OT GROUP President and CEO Ryoji Shoda sat down for an interview with Bloomberg News’ Shery Ahn in Tokyo to explain his vision for the brand going forward. (Source: Bloomberg)

Gold held a loss after the US Federal Reserve kept interest rates unchanged and signaled a hike later in the year.

New Zealand’s economy sparked into life in the first three months of the year, responding to low interest rates and a lift in spending that largely pre-dated the Iran war.