Bloomberg Business

Amsterdam-listed Prosus NV and its parent Naspers Ltd. are planning to cut their corporate workforce by 30%, becoming the latest global tech company to announce layoffs.

ASML Holding NV Chief Executive Officer Peter Wennink said US-led export control measures against China could eventually push Beijing to successfully develop its own technology in advanced chipmaking machines.

A failure by the US government to pay its debts on time would probably cause catastrophic fallout throughout global financial markets. But some are more directly in the firing line than others and observers are starting to zero in on when they will start to show clear signs of worry about the debt-ceiling impasse.

Prime Minister Justin Trudeau’s finance minister is facing significant pressure to spend more on clean-energy subsidies and health care, even as a possible recession looms.

Hundreds of Amazon.com Inc. warehouse workers in the UK walked off the job on Wednesday, the first such industrial action by the company’s British employees.

(Bloomberg) — European Central Bank Governing Council member Gabriel Makhlouf said he supports raising borrowing costs by a similar amount to last month’s half-point hike at the two upcoming meetings.

US short seller Hindenburg Research LLC is targeting Asia’s richest man with accusations of market manipulation and fraud after a run of often-successful bets against companies ranging from electric-vehicle maker Nikola Corp. to Twitter Inc.

Michael Gove, the UK cabinet minister in charge of the government’s flagship “levelling up” policy, called Britain’s widening wealth gap “concerning” and conceded that Westminster upheaval has damaged efforts to spread wealth and opportunity around the country.