Bloomberg Business

The Biden administration announced final restrictions Friday on expansion in China by semiconductor companies that will receive federal funds to build plants in the US.

House Republicans are charging toward a US government shutdown in less than 10 days as party lawmakers struggle to agree on how much to cut spending and how to explain their brinkmanship to the public.

The governor of the Riksbank said he has grown more confident that Sweden will avert a real estate-led financial crisis even as some landlords leveraged to the hilt are failing to refinance maturing debt.

Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with the matter, potentially making it among the first of the Chinese tech firm’s units to go public.

UK Chancellor of the Exchequer Jeremy Hunt said the West must engage in talks with China over how best to regulate the growth of artificial intelligence, as Britain prepared to warn at the United Nations that AI risks destabilizing the world order.

A struggling Swedish landlord has reached out to its shareholders asking for funding as it seeks to change the terms of an outstanding bond.

Rupert Murdoch’s decision to step down as chairman of Fox Corp. and News Corp. leaves his son, Lachlan Murdoch, with a daunting task — steering the family’s cable TV and newspaper companies around two troubled industries.

Adidas AG Chief Executive Officer Bjorn Gulden has apologized for questioning whether Ye, formerly known as Kanye West, really meant the antisemitic statements he made last year.