Bloomberg Business

Hailey Bieber has grand plans for her skin-care label, Rhode, aiming to stand out in an increasingly crowded field of celebrity brands.

A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing a merger, marking a new challenger to the largest American and Chinese lenders occupying the coveted top spots.

Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations the central bank will raise its inflation forecast next month.

Pakistan is “very close” to reaching a deal with the International Monetary Fund to unlock at least $1.1 billion in funding and an announcement could come within 24 hours, Reuters reported, citing an interview with Finance Minister Ishaq Dar.

BNP Paribas SA is facing questions from politicians in Washington over its work with Beijing’s electronic yuan project, highlighting political challenges that financial firms must navigate amid tensions between the world’s two-largest economies.

Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery giant into a Chinese race to develop ChatGPT-like services.

Western Global Airlines LLC founder and Chief Executive Officer Jim Neff bought the cargo airline’s deeply distressed secured debt as the company veers toward a Chapter 11 bankruptcy filing, according to people with knowledge of the matter.

UK business confidence rose to a 13-month high in June as firms shrugged off another Bank of England interest-rate increase, a survey by Lloyds Banking Group Plc found.

The UK made last-minute amendments toughening up its sweeping, long-awaited Online Safety Bill following scrutiny in Parliament’s upper chamber, the House of Lords.

Dalian Wanda Group Co., one of China’s largest private conglomerates, is set to face its biggest bond-repayment test since its dollar notes’ recent plunge to distressed levels.