Bloomberg Business

Latest data show lenders have long way to go to hit diversity goals

Mercedes-Benz Group AG is expanding its supply deal with Luminar Technologies Inc. to install laser sensors that enhance assisted-driving features in more of its vehicles by mid-decade, the companies said Wednesday.

Israel’s foreign-exchange market is going through an uncharacteristic bout of volatility amid a dispute over central bank autonomy and a wave of protests over judicial reform.

UK Prime Minister Rishi Sunak suggested a coming deal with the European Union over post-Brexit arrangements in Northern Ireland would involve legal changes to the existing treaty, something the bloc has previously opposed.

Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about data security even after Beijing reached a landmark deal to allow US audit inspections on hundreds of Chinese firms listed in New York.

Wall Street’s top federal prosecutors will show leniency towards banks and firms that self-report possible white-collar crimes early under a new nationwide policy.

Transportation Secretary Pete Buttigieg will travel to East Palestine, Ohio, on Thursday, as the Biden administration hastens its response to a fiery train crash earlier this month that spread toxic chemicals – and has become a flashpoint in the upcoming presidential election.