Tesla Inc. will halt some production at its Shanghai factory until the end of February, as it upgrades the facility to start rolling out a revamped version of its Model 3 sedan in the competitive Chinese market.
US retail sales rose in January by the most in nearly two years, signaling robust consumer demand that could bolster the Federal Reserve’s resolve to keep raising interest rates in the face of persistent inflation.
Adobe Inc.’s proposed $20 billion takeover of design firm Figma Inc. risks a lengthy European Union probe after the bloc’s antitrust watchdog warned of potential concerns over the deal.
The UK’s fintech sector saw investment drop $22 billion to $17 billion in 2022, as higher interest rates, inflation, and declines in valuations hit investor appetite.
Biogen Inc.’s new chief executive officer outlined some of his first steps toward his vision for the biotechnology company with plans to boost investment in new drugs the company is developing for Alzheimer’s disease, lupus and other illnesses.
(Bloomberg) — Output at US factories rose in January by the most in nearly a year, suggesting improving supply chains and firmer demand are offering some relief for a still-challenged manufacturing sector.
Nigerian inflation unexpectedly quickened at the fastest pace in almost two decades, adding to pressure on businesses and consumers before next week’s presidential election.
Elon Musk said he may need the rest of this year to put things right at Twitter Inc. before handing off to a new chief executive officer, potentially prolonging concerns the billionaire is being distracted from leading Tesla Inc.
Billionaire George Soros’s family office disclosed a bet against Silvergate Capital Corp., a bank facing increasing public scrutiny over its ties to Sam Bankman-Fried’s bankrupt business empire and the broader cryptocurrency industry.
The European Union is poised to force banks to report information on Russian Central Bank assets as part of the bloc’s latest sanctions package targeting Moscow for its war in Ukraine, according to draft proposals seen by Bloomberg.
