Bank of Japan officials will likely raise their inflation forecast above 2% for this fiscal year at their July meeting, but their view for the following year is largely unchanged and may even be nudged down, according to people familiar with the matter.
Microsoft Corp. and Activision Blizzard Inc. are considering giving up some control of their cloud-gaming business in the UK as a way to appease regulators so they can complete their $69 billion merger by the July 18 deadline, according to people familiar with the matter.
For the first time in three years, Goldman Sachs Group Inc. analysts say it’s time to buy shares of Heineken NV.
The world’s riskiest borrowers are starting to run out of easy-money era financing and feeling the pinch as they return to a tougher market shadowed by aggressive central banks.
In New York, an Upper East Side enclave is fighting city plans for curbside 5G towers, calling them “garish” and unnecessary, in a campaign that presages battles around the US sparked by an explosion in wireless gear on public streets.
EQT AB has little appetite for the latest craze in finance — private credit — even as the investment firm looks for ways to expand its business.
Indonesia will mandate exporters to repatriate part of their foreign currency-denominated earnings starting Aug. 1, as part of efforts to increase dollar supply and help ease pressure on the local currency.
Extreme heat is ripping through southern Europe and parts of Germany, with the next blast from the Sahara lifting temperatures toward record highs in parts of Italy this weekend.
London is at risk of a measles outbreak leading to as many as 160,000 cases unless vaccination rates improve, a public health authority has warned.
Chancellor Olaf Scholz backed plans to revive Germany’s tradition of tight government spending, despite mounting demands to modernize Europe’s largest economy.
