Bloomberg Business

Dubai Party Hotel Firm Gets Top ESG Rating

FIVE Holdings Limited, an operator of luxury hotels in Dubai and Switzerland that runs a private party jet, has scored a top ESG rating to sell a debut green bond.

Google Tweaks Ad Auctions to Hit Revenue Targets, Exec Says

Alphabet Inc.’s Google has tweaked its advertising auctions to ensure it meets revenue targets, sometimes increasing ad prices by as much as 5%, an executive for the company testified Monday at a federal antitrust trial.

Azerbaijani Attack on Armenians in Disputed Region Alarms US, EU

Azerbaijan began a military operation to take control of the Nagorno-Karabakh region, prompting international condemnation of the most serious escalation since a war with neighboring Armenia that killed thousands three years ago.

No Evidence That China Can Make Advanced Chips ‘at Scale,’ US Says

Commerce Secretary Gina Raimondo said she was “upset” when China’s Huawei Technologies Co. released a new phone with an advanced chip during her visit to the country last month but noted that the US has no evidence China can make those components “at scale.”

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