Bloomberg Business

Hugo Boss AG raised its sales and profit guidance again for 2023 after second-quarter sales growth beat estimates on surging demand for its latest mens- and womens-wear collections.

Uber Technologies Inc. reported its first-ever operating profit, but that milestone was eclipsed by a pace of growth that has decelerated from pandemic highs, sending the shares down the most in nine months.

SoftBank Group Corp.’s semiconductor unit Arm Ltd. is targeting an initial public offering at a valuation of between $60 billion and $70 billion as soon as September, a sign of bullish interest in artificial-intelligence chips, according to people familiar with the matter.

India’s overall unemployment rate fell in July as rural areas saw increased demand for agriculture labor with the onset of monsoon rains.

A cornerstone of the European Union’s sustainable finance package should be streamlined by the UK to make it more useful to the market, according to the expert panel advising the government.

UK homebuilder Taylor Wimpey Plc says home prices have stayed resilient even as soaring mortgage rates cool demand.

The crypto market rebound this year could have room to run if the US economy manages to achieve a soft landing.

Already mired in its worst economic plight in years, Egypt is reckoning with another challenge it hasn’t seen for a decade: sporadic power cuts in the midst of a sweltering summer.