SoftBank Group Corp. offered to buy all shares in robot maker Berkshire Grey Inc. it doesn’t already own in a $218 million deal, in a foray into logistics automation after halting almost all investment activity for months.
A Singapore lawmaker appointed to run Grab Holdings Ltd.’s government relations department last week was abruptly moved to a different role within the tech company after a public backlash over potential conflicts of interest.
Benchmark US Treasury yields could rise to 4.20% as the economy recovers from a slowdown by the end of the year, according to Deutsche Bank AG’s private banking arm.
The UK’s trade deficit with the European Union widened to a record in the final quarter of 2022 as imports from the bloc jumped.
The potential for a surprise choice to be the next Bank of Japan governor will send the yen climbing, Japanese stocks falling and investors scurrying to find out all they can about economist Kazuo Ueda.
The International Monetary Fund expects China’s annual economic growth to slow to about half the rate seen in the past decade, likely putting President Xi Jinping’s long-term economic ambitions out of reach.
The UK government is in talks to speed the implementation of a flagship insurance reform to release £100 billion ($121 billion) of capital for investment, after months of clashes over the plans and frustration about the slow pace of change.
Investors also ratchet up pressure on SocGen, Deutsche Bank and Credit Agricole over fossil-fuel financing.
The European Union’s Green Deal was the most ambitious environmental plan put forward by any major economy when it debuted three years ago. It called for Europe to reach net-zero carbon emissions by 2050, set interim goals for greenhouse gas reductions before the final whistle, and prompted some companies, including Glencore Plc and Norsk Hydro, both due to report earnings next week, to establish their own transitional targets before 2050. To assist in meeting the Green Deal’s vision, the plan a
Hybe Co., manager of the South Korean sensation BTS, is jumping into the middle of a messy corporate battle, allying with the godfather of K-pop to hinder technology giant Kakao Corp.’s foray into the entertainment arena.
