Bloomberg Business

Japan isn’t known for its startup culture. Tomotaka Goji, a bureaucrat-turned-technology guru, is working hard to change that.

Eleven property developers could be barred from the industry unless they sign a UK government contract to repair unsafe cladding on apartment blocks, according to Michael Gove, the secretary of state for housing.

Bank of America Corp. mopped up more than $15 billion in new deposits in a matter of days, emerging as one of the big winners after the collapse of three smaller banks dented confidence in the safety of regional lenders.

China will again cut annual crude steel production in 2023, according to a person familiar with the decision, marking the third year in a row that the government has mandated reduced output in order to rein in carbon emissions from the heavily polluting sector.

About half a million British workers are striking on Wednesday as unions stage a mass walkout timed to disrupt Chancellor of the Exchequer Jeremy Hunt’s annual budget.

Burberry Group Plc has hired Kate Ferry from McLaren Group as its new chief financial officer in the latest of a series of changes at the top of the British luxury brand.

Pakistan’s lingering political and economic turmoil, coupled with multiple delays in the International Monetary Fund’s bailout program, will likely push the nation into a recession, a Bloomberg survey showed.

UK Chancellor of the Exchequer Jeremy Hunt will pledge to drive economic growth by unblocking business investment in his first budget on Wednesday, in which he will set out tax-and-spend policies for the last full year before the next election.

China reported a rebound in consumer spending, industrial output and investment this year after coronavirus restrictions were dropped, while warning of risks to the economy’s recovery as unemployment rose and real estate investment continued to slump.

Two high-flying AI companies backed by an influential Middle Eastern royal have been opening up to the public markets for the first time. Behind the scenes, their rise has been predominantly powered by business with connected parties.