Chancellor Olaf Scholz said Germany and the European Commission are “on the right track” toward settling a dispute over banning combustion—engine cars and Dutch Prime Minister Mark Rutte raised the prospect of a resolution “in the coming days.”
The family office linked to Nintendo Co Ltd.’s founder says it has a good chance in its battle for control of a 93-year-old Japanese construction company.
As the political rhetoric gets nastier, banks and asset managers are changing their messaging in investor reports and other marketing strategies.
Ford Motor Co. predicts losses in its electric vehicle business will grow to $3 billion this year as it spends big on new models and factories. The deficit matches its accumulated EV losses over the past two years.
The president of the Swiss National Bank Thomas Jordan played down the likelihood of Credit Suisse Group AG’s domestic universal bank being spun off any time soon, despite the merger with UBS Group AG announced at the weekend.
Vijaya Sankar, a former employee at asset manager Duet Group, confessed and issued an apology for his role in a Cum Ex tax scheme that cost Germany €92 million ($100 million).
China is betting on a high-profile corporate summit this weekend in Beijing to show the world that it’s back in business.
Apple Inc. is considering bidding for the streaming rights to a range of English football games, according to people familiar with the situation, a move that would step up its sports ambitions and increase competition with Amazon.com Inc.’s Prime Video.
Hindenburg Research said it will soon release a new report, two months after the US short seller’s explosive allegations against Adani Group wiped more than $100 billion off the Indian conglomerate’s market value.
Startup Character.AI, which lets people create their own chatbots, has raised $150 million in a funding round led by Andreessen Horowitz, notching a $1 billion valuation from investors.
