Bloomberg Business

Swiss watch exports jumped again in May as deliveries to the US rebounded and demand for luxury timepieces from China stayed strong.

Grab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces stiffening competition in ride-hailing and meal delivery across Southeast Asia.

Mall landlord Unibail-Rodamco-Westfield SE is offering its hybrid bondholders a debt swap in an unusual solution to its refinancing dilemma.

One of Wall Street’s most bearish strategists isn’t giving in to the bullish about-turn in equities, saying investors may be in for “a rude awakening.”

UK food price inflation may have passed its peak, with two separate surveys showing an improvement.

Alphabet Inc.’s Google is scouting for suppliers in India to assemble its Pixel smartphones as it borrows from Apple Inc.’s playbook to diversify beyond China.

Telecom Italia SpA is close to entering into detailed negotiations with KKR & Co. over the sale of its network in a deal valued as much as €23 billion ($25 billion), according to people familiar with the matter.

Delta Electronics (Thailand) Pcl, an electronic-parts maker that shot up this year to become the country’s most valuable stock, slumped as the bourse imposed trading curbs to quell unexplained gains in its shares. Analysts also queried the surge in its valuation.

Elon Musk and Twitter Inc.’s new Chief Executive Officer Linda Yaccarino won’t be at the advertising industry’s biggest annual event this week, even as the social networking company works to win back spending on the platform.

Secretary of State Antony Blinken got a muted reception when he arrived in Beijing: a lone Foreign Ministry official there to meet him and no red carpet, just red lines on the runway that social media users joked were a symbol of China’s unwillingness to compromise on issues like Taiwan.