A Taste of Napa in Japan? Kirin Bets on the Wine Experience
A top-listed vineyard in the island nation’s Nagano region is seeking to raise profile of Japanese wines.
Bloomberg Business
Apple Defies EU Over Antitrust Charges in Spotify Probe
Apple Inc. is set for a showdown with European Union antitrust regulators, insisting it doesn’t need to make any more changes to its App Store after it was hit by formal charges over its treatment of music streaming rivals such as Spotify Technology SA.
Finnish House Prices Fall the Most Since at Least 2021
Finnish housing market had its biggest slump since the pandemic, with economists saying the trough isn’t in sight yet amid plummeting transaction volumes.
Thames Water Risks £3.6 Billion Debt Write-Off, Says BI
Britain’s biggest water supplier Thames Water might need to write down £3.6 billion ($4.6 billion) of debt if the government takes over control, according to a Bloomberg Intelligence report.
Spanish Inflation Is Now Under 2% ECB Goal at a Two-Year Low
(Bloomberg) — Spanish inflation slowed to below the 2% level targeted by the European Central Bank, a small victory for Frankfurt officials battling to tame cost increases across the wider euro region.
Japan, S. Korea to Resume FX Swap in Another Sign of Warmer Ties
Japan and South Korea agreed to restore a foreign currency swap deal after its last agreement expired eight years ago, adding to signs that the two nations are improving their relations on multiple fronts including defense, trade and finance.
UK Presses Investment Platforms Over Odey Fund Retail Access
The UK’s Financial Conduct Authority is quizzing investment platforms, including Hargreaves Lansdown Plc, over their decision to allow retail investors to continue to buy into funds from Odey Asset Management via their services, according to a person familiar with the matter.
Russian Hypersonic Missile Scientist Goes on Trial for Treason
A Russian court began the trial of a hypersonic missile scientist accused of treason as authorities pursue a crackdown on military-use technology experts.
Sega COO Quashes Talk of Microsoft Deal in Favor of Independence
Sega Corp. dismissed speculation it may be the target of acquirers including Microsoft Corp., as the studio behind Sonic The Hedgehog stressed it intends to remain part of a bigger Japanese entertainment conglomerate.
The Hunt for a Corporate Mole: Big Take Podcast
Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify, Terminal.
