Bloomberg Business

Adidas AG was sued by investors who claim the German sports giant knew about risks of its partnership with the rapper known as Ye long before his anti-Semitic comments were made public.

Hong Kong’s inventory of completed but unsold private new homes climbed to the largest since early 2007, as the government increases land supplies and developers put more units on the market, the Ming Pao newspaper said on Saturday.

First Republic Bank’s week of harrowing stock drops and urgent work toward a deal to shore up its balance sheet ended with the lender’s fate in limbo.

Australia’s Prime Minister Anthony Albanese said the upcoming federal budget would include steps to ameliorate cost-of-living challenges, while also seeking to help moderate inflation.

Apple Inc. dropped its lawsuit against a former chip executive the company sued for allegedly poaching its employees for a startup.

Chinese stocks are unlikely to shake off their gloom with an anticipated holiday splurge next week, as longer-term concerns about a patchy economic recovery and geopolitical risks continue to outweigh any short-term relief.

Michael Rapino, chief executive officer of concert promoter Live Nation Entertainment Inc., earned $139 million in 2022, a record year for the company that also saw management criticized for high ticket prices and operational snafus.

When David MacLennan put plans in motion to step down as Cargill Inc.’s chief executive officer, his transformation of the global grains trader into a protein powerhouse was looking particularly shrewd.

Stung by China’s close ties with President Vladimir Putin and its repression at home, European nations are putting new limits on Chinese exports and investments in a tack that’s more in line with a strategy championed by Washington.