Bloomberg Business

BlackRock Inc. has taken a minority stake in a German digital wealth business as the world’s largest asset manager seeks to broaden its reach to first-time investors in Europe.

Europe is set to get its first taste of winter, with a sudden cold snap testing the region’s energy systems.

JPMorgan Chase & Co. has gone live with its first collateral settlement for clients using blockchain, as the largest US bank by assets pushes ahead with commercial applications built on the technology at crypto’s core.

Keir Starmer channeled the record and spirit of his opposition Labour Party’s last election-winning prime minister in his pitch to be Britain’s next leader, offering a mix of security, hope and patriotism as he set out his strategy to persuade voters to end more than a decade of Conservative rule.

A rare mid-year revision to China’s national budget to juice the economic recovery with more stimulus would signal top leaders are moving away from a growth model that has piled ever more debt on local governments.

A leading Chinese macro hedge fund called on the government to set up a stabilization fund to buy stocks, lobbying for direct intervention the authorities have refrained from since the 2015 market crash.

Stock markets that have refused to buckle under the highest yields since 2007 face a new test. Third-quarter results will shine a light on how much those rates are already hitting profits — and what they’ll do to lofty equity valuations.

Ken Chan, the former Japan head of Singapore sovereign wealth fund GIC, is planning a snowy second act on the slopes of Mount Madarao.

A senior Indonesian minister who shaped President Joko Widodo’s economic policies is seeking medical treatment in Singapore for an undisclosed illness.

SoftBank Corp. will price ¥120 billion ($800 million) of bond-type class shares at an annual dividend rate of 2.5%, the low end of the marketing range, after getting strong demand from both individual and institutional investors, said people familiar with the matter.