Bloomberg Business

Finland’s economy contracted more in the fourth quarter than a flash estimate had indicated, affirming that the Nordic nation has entered a recession.

Southern Capital Group Pte, a private equity firm that focuses on deals in Southeast Asia, is exploring the sale of its health-care group, according to people with knowledge of the matter.

The $15 billion buyout of Toshiba Corp. is increasingly looking like a purely Japanese affair as most international buyout firms are poised to drop from the deal, according to people familiar with the matter.

Edmond de Rothschild, the privately-held Swiss investment firm, may hire up to 10 people each year in Dubai after obtaining a key license in the Middle Eastern business hub.

Indian buyers of Russian oil, a crucial lifeline for the Kremlin over the past months, are struggling under the weight of increasingly onerous demands from financiers wary of breaching Western sanctions, a headache that is slowing transactions and threatening to at least temporarily dent record flows to the Asian nation.

Australia’s government plans to double the tax rate on large pension balances to 30% from 2025-26, saying the change will impact less than 0.5% of account holders and make the system more sustainable.

France’s ecological transition minister says determination, urgency and private finance will be needed to protect rainforests like those in Central Africa, site of an upcoming biodiversity summit.

Wendy’s Co. has struck a deal with cloud kitchen operator Rebel Foods Pvt to scale the fast food chain’s physical presence in India to 150 locations, betting on diners returning to public eateries as the pandemic ebbs.

Australia’s corporate regulator has launched its first court action against greenwashing, accusing pension fund Mercer Superannuation Australia Ltd. of misleading investors in the marketing of some sustainable products.

Japanese chip foundry venture Rapidus Corp. said it will build a plant in Chitose City on Japan’s northern island of Hokkaido, in the country’s latest move to galvanize its semiconductor industry.