Bloomberg Business

Bao Fan’s knack for closing complicated deals and spotting rising tech stars made him one of China’s most influential financiers.

The turmoil engulfing Gautam Adani’s business empire that’s sparked a punishing stock market selloff and shaken faith in India as an investment opportunity may open the door to a democratic revival in the country, according to billionaire investor George Soros.

The European Union is planning to ease Covid-19 testing requirements for people traveling from China, though a number of major nations around the world will keep their regimens in place.

A balloon of unknown origin spotted flying over a northern Chinese city prompted the local airport to redirect flights Thursday, highlighting growing concern in both the US and China about unidentified objects in their airspace.

Italy has stopped a climate-friendly tax credit system that helped fuel the country’s post-pandemic rebound but caused spiraling costs already exceeding €110 billion ($117 billion) and widespread fraud.

Hedge fund Luxor Capital Group stepped up its attack on Ritchie Bros. Auctioneers Inc.’s plan to buy another firm for $6 billion, saying Ritchie executives manipulated forecasts to strengthen their case for the deal.

The United Arab Emirates’ national oil company plans to raise $2 billion or more by listing its natural gas business in what could the largest initial public offering so far this year.

Japanese Prime Minister Fumio Kishida held a rare meeting with LGBTQ groups, as pressure grows on him to introduce legislation protecting the rights of the community before hosting the Group of Seven summit in May.

Byju’s is in negotiations with investors including TPG to raise more than $500 million, a much-needed capital infusion that could help the world’s most valuable edtech startup stave off potential debt issues.

Heineken purchased €1 billion ($1 billion) worth of its shares from Fomento Economico Mexicano SAB, after the Mexican Coca-Cola bottler and convenience store operator launched a €3.7 billion stock and equity-linked sale for part of its holdings in the Dutch group.