Bloomberg Business

Tension between the crypto and banking sectors bubbled anew when Coinbase Global Inc.’s chief executive started a Twitter poll on whether Bank of America Corp. is closing accounts that transact with the exchange.

Alphabet Inc.’s Google released its Bard chatbot to users in the European Union and Brazil, and said the artificial intelligence tool can now generate responses in more than 40 languages, including Chinese, Hindi and Spanish.

A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for misrepresenting the investment risk posed by a group of hedge funds, imposing a sentence agreed more than a year ago as part of a plea deal.

Hong Kong restaurants are looking for new seafood supplies as authorities plan to ban imports of aquatic products from 10 Japanese regions if the country releases treated water from the Fukushima nuclear disaster site.

The UK economy shrank less than expected in May as resilient consumer spending and a lull in the number of labor strikes offset the impact of an additional holiday to mark the coronation of King Charles III.

China’s second-largest e-commerce platform JD.com Inc. unveiled a large language model for enterprise use, joining domestic peers including Alibaba Group Holding Ltd. in the race to develop emerging artificial intelligence applications like OpenAI’s ChatGPT.

HCL Technologies Ltd. is acquiring a German automotive engineering services company for $280 million to push beyond IT consultancy into expertise in self-driving vehicles.

The United Arab Emirates will focus on bolstering global efforts to mitigate carbon emissions and make funds available to finance green projects, a top official said, as the country prepares to host a major climate conference this year.