Bloomberg Business

Bitcoin is beginning to test a closely watched level that some analysts suggest could prove to be a key turning point after this year’s surge in prices.

Nomura Holdings Inc.’s Frankfurt offices are being raided as part of a vast German probe into the Cum-Ex tax dividend scandal that’s ensnared many of the world’s top banks.

The former head of South Africa’s state power utility said he probably underestimated the amount of money that’s being stolen from the company when he put it at 1 billion rand ($55 million) a month.

The cheaper pound and the city’s enduring appeal is boosting the UK’s capital city.

Airbus SE and Safran SA expect supply-chain disruptions to continue at least into next year, complicating output for some of Europe’s biggest aerospace companies just as airlines are clamoring for new jets.

A rout in Chinese stocks paused after a $446 billion wipeout in value for mainland shares this month, but a meaningful rebound may be hard to come by as geopolitical tensions simmer.

Kia Corp. wants to increase sales of electric vehicles so they account for 9% of revenue by the end of the year, up from 5.5% last quarter.

Honda Motor Co. plans to launch one new mid- to large-sized electric vehicle in North America and four EV models in Japan from 2025, Chief Executive Officer Toshihiro Mibe said, as the Japanese automaker seeks to only sell electric cars globally by 2040.