Bloomberg Business

SoftBank Group Corp. is setting up an artificial intelligence-oriented warehousing joint venture with Symbotic Inc. and buying more shares in the supply-chain-services company.

(Bloomberg) — Argentina’s overseas bonds climbed to their highest in almost six months after government officials and the International Monetary Fund said they were nearing a deal to bring forward billions of dollars in disbursements from its $44 billion lending program.

Rishi Sunak’s latest plan to spur UK house building was met with skepticism by developers and sparked a public internal row in the Conservative Party, highlighting a tricky political headache for the British prime minister.

Tata Steel Ltd. reported a 92% decline in quarterly profit as it continues to grapple with weakness in its European operations despite better performance at its Indian business.

Mexico’s inflation extended its gradual slowdown in early July, roughly in line with forecasts, helped by double-digit interest rates and the strongest peso since 2015.

Six years after a failed attempt to declare independence upended Spanish politics, Catalan separatists unexpectedly find themselves at the center of machinations in Madrid following Sunday’s surprise election result.

JSW Steel Ltd. is on the lookout for coal assets globally as the tycoon Sajjan Jindal-led mill seeks to tie up raw material supplies for its expansions in India.

The populist Economic Freedom Fighters will likely replace the African National Congress as the official opposition in South Africa’s Western Cape after next year’s elections, as support for the ruling party plunges in the province, a survey showed.