Bloomberg Business

Essity AB, the maker of Plenty paper towels, is starting a strategic review of its $1.6 billion majority stake in Hong Kong-listed tissue maker Vinda International Holding Ltd.

Nomura Holdings Inc.’s shares dropped the most since March 2021 after the Japanese brokerage reported a slump in profit and as market turmoil clouds the firm’s outlook.

Former Bank of Japan Deputy Governor Masazumi Wakatabe said there is a possibility that the central bank will change the wording of its forward guidance without adjusting its easing bias at the end of its policy meeting Friday.

A senior executive in Japan’s ruling party said he’ll seek to pass a law promoting understanding of the LGBTQ community before the country hosts the Group of Seven summit in less than a month.

Australian wine exporters are facing incredibly tough conditions, with an economic slowdown and increased competition from other beverages hurting sales to its biggest markets in the UK and US.

A federal appeals court has denied Donald Trump’s latest effort to stop former Vice President Mike Pence from testifying before a grand jury exploring whether crimes were committed by Trump and his allies as they worked to undo President Joe Biden’s 2020 win.

Kirin Holdings Co. agreed to buy Australian vitamins maker Blackmores Ltd. for A$1.88 billion ($1.2 billion) in cash, as part of a push by the Japanese brewer into health products to reduce its reliance on beer.

Brazil’s lower house will investigate the events leading up to the financial crisis at Americanas SA, the retail giant that went into bankruptcy protection in January after unveiling a massive accounting hole of 20 billion reais ($4 billion).

A wave of quant investors seems to be fueling Treasury gains this week, with Citigroup Inc. strategists saying that the short-term buying strategy is likely not over yet.

South Korean President Yoon Suk Yeol offered tax breaks and manpower support if Tesla Inc. CEO Elon Musk invests to build a new factory in the country.