Bloomberg Business

Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China.

The European Central Bank has further to go on tightening monetary policy, with core inflation remaining very high, according to Governing Council member Joachim Nagel.

Over the past seven decades, Spain’s Del Pino family has forged one of the world’s biggest industrial fortunes through its control of Ferrovial, a global builder of airports, highways and stadiums.

TotalEnergies SE is considering a bid for private equity-backed oil and gas explorer Neptune Energy Group Ltd., people with knowledge of the matter said.

Amazon.com Inc. Chief Executive Officer Andy Jassy pledged to keep investing in big long-term bets despite cost-cuts and an uncertain economy, moving ahead with a global expansion and efforts to become a bigger player in groceries and healthcare.

Italy’s government nominated Giuseppina Di Foggia to be the next chief executive officer of power grid operator Terna SpA, as Prime Minister Giorgia Meloni followed through on a pledge to appoint a woman to run at least one of the country’s listed, state-controlled firms.

Applications for US unemployment benefits rose for the first time in three weeks, largely due to a jump in California and suggesting some more softening in the labor market.

JPMorgan Chase & Co. has cut dozens of base metals clients and slashed bankers’ bonuses, as the business remains under harsh internal scrutiny in the wake of last year’s nickel crisis.