Bloomberg Business

Fast-fashion giant Shein is rapidly ramping up manufacturing in Brazil, with 100 factories already producing for the online retailer since it announced plans to invest $148 million in the region a month ago.

Uber Technologies Inc. will soon begin offering rides in self-driving cars through a partnership with Alphabet Inc.’s Waymo, the companies said on Tuesday, a move that nudges autonomous driving closer to the mainstream.

QED Investors, the financial technology-focused venture firm that was an early backer of Credit Karma, has raised $925 million for two new funds.

Seventeen of the UK’s biggest energy companies still don’t have any women on their boards despite government and industry calls for greater diversity in corporate leadership, a void that may threaten the sector’s ability to attract talent and investors for the green transition.

Veteran investor Rajiv Jain’s GQG Partners LLC has raised its stake in billionaire Gautam Adani’s conglomerate by about 10% and will take part in the conglomerate’s future fund raising, doubling down on what he calls “the best infrastructure assets available in India.”

Rishi Sunak warned against Group of Seven nations descending into “blanket” protectionism in an effort to tackle China’s economic threat.

Investment bank clients are peppering Wall Street with questions about what happens if the US Treasury in coming weeks runs out of cash and does the unthinkable — failing to make payments due on Treasury securities, the bedrock of the global financial system.