Bloomberg Business

Vodacom Group Ltd. plans to expand its fiber business to other markets if its gets approval for its latest deal with Remgro Ltd., valued at about 13.2 billion rand ($693 million).

Denmark’s Topsoe A/S is preparing to spend $300 million on a US hydrogen electrolyzer factory in the latest example of President Joe Biden’s wave of federal incentives drawing European investment.

Rakuten Group Inc. plunged its most in more than three years after Reuters reported the internet company was in the final stages of talks to raise about ¥300 billion ($2.2 billion) through an offering of new shares.

Hardly any sustainable funds would consistently be able to market themselves as such in the UK, the US and the European Union as watchdogs in the three jurisdictions implement divergent anti-greenwash rules, according to a fresh study based on more than 18,000 investment products.

(Bloomberg) — The European Commission raised its euro-zone inflation outlook and warned of “persistent challenges” even as it acknowledged the resilience of the region’s economy.

Pita Limjaroenrat rode a wave of support for his pro-democracy party’s call to reduce the influence of military in politics and changes to a controversial law shielding the monarchy from public criticism. On Monday he emerged as the favorite to become the nation’s next prime minister.

French President Emmanuel Macron said he wanted to keep cutting taxes on businesses and the middle class despite recent warnings about the state of public finances.

Beatriz Martin’s first job at UBS Group AG was to help shrink the investment bank after a $2 billion loss from a rogue trader. Eleven years later, Chief Executive Officer Sergio Ermotti is turning to her again for a key role in the biggest restructuring in global finance.

Ford Motor Co. plans to cut jobs in China, potentially by more than 1,300, as its sales decline in the world’s biggest car market, local media including Economic Daily News reported.