Bloomberg Business

Volkswagen AG has hired a former Tesla Inc. engineering director to bolster the German carmaker’s ailing software push.

Ministers and oil industry chiefs are gathering for the biggest energy conference in the Middle East as crude heads toward $100 a barrel. Whether prices can hold at these levels and the outlook for OPEC+ supply cuts are among topics that will be discussed from Monday.

Chile’s economic activity posted its biggest monthly drop since May as services declined, pushing one of Latin America’s richest nations toward recession and paving the way for more big interest rate cuts.

Sharon White plans to step down as chairman of John Lewis Partnership Plc after struggling to turn around the beleaguered UK department store chain.

T. Rowe Price Group Inc. and Oak Hill Advisors are launching a new private credit fund open to individual investors in the US to take advantage of the rapidly-growing $1.5 trillion market.

The end of unprecedented pandemic-era federal benefits for families has sent US child poverty rates soaring, leaving a handful of state governments to step in to fill the gap.

Italy is on track to receive the biggest number of migrant arrivals since 2016 this year, a phenomenon that will likely keep dominating the agenda of Giorgia Meloni’s right-wing government.

Bill Ackman said on CNBC on Monday that he would be interested in a deal to take Elon Musk’s X Corp. public with his investment vehicle but hasn’t spoken to Musk or the company about it yet.

Investor requests to pull money out of Blackstone Inc.’s $67 billion real estate trust eased to the lowest in almost a year.