Bloomberg Business

The smartphone market is likely to remain depressed for the next year, Sony Group Corp. president and Chief Operating Officer Hiroki Totoki said.

Deep beneath the earth’s surface in a remote corner of northern China, a mechanical monster comes to life. Two massive discs armed with dozens of metallic teeth begin spinning against a solid wall, spraying dust and shiny black chunks of coal.

The rally in US equities could come to a sputtering halt as corporate earnings drop sharply and the labor market weakens, according to Bank of America Corp.’s Michael Hartnett.

The African nation’s democratic transition unraveled because of the rivalry between two men, who were emboldened by foreign powers competing for sway over the country and its resources.

Sony Group Corp. offered a conservative profit outlook for the current fiscal year, warning about the impact of the global consumer spending slump on its electronics and entertainment businesses.

Elliott Investment Management has built a stake in Germany’s Software AG, betting on the planned takeover by US private equity firm Silver Lake Management or a counterbid, according to people familiar with the matter.

The crisis at Credit Suisse Group AG shows the need for new regulations requiring banks to hold sufficient disposable assets at any time, Swiss National Bank President Thomas Jordan said.

Huawei Technologies Co.’s profit plunged 46% in the first quarter while revenue barely grew, as the Chinese telecom equipment maker spent heavily on research to try and get around US technology sanctions.

(Bloomberg) — Bank of France Governor Francois Villeroy de Galhau joined regulators in calling for reforms of the credit default swaps market after it briefly plunged Deutsche Bank AG into turmoil last month.

NatWest Group Plc shares fell as the lender’s guidance stoked worries that the boost to margins from higher interest rates is starting to fade.