Bloomberg Business

‘Final Fantasy’ Maker’s 30% Plunge May Be Just the Beginning

Square Enix Holdings Co. has shed nearly $2 billion of its value since Final Fantasy XVI, the latest installment of its global hit series, came out to mixed reviews. Now investors wonder whether one of the games industry’s most remarkable runs is coming to an end.

Luxury Cruise Ship Full of Australians Stuck in Greenland Arctic

A luxury cruise ship carrying 206 passengers — primarily Australians — has run aground in remote northeastern Greenland, with the closest vessel available to help with rescue efforts only expected to reach the scene on Friday.

Welcome to the Crazy World of China’s Lithium Mine Auctions

Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying.

UAE Oil Giant Plans European Trading Boost in Expansion Push

The UAE’s biggest oil producer is pushing to build its fledgling trading operations into a multibillion-dollar business this decade by bolstering its presence in Europe and Africa, and expanding in other forms of energy.

SEC Wins Airborne Wireless Judgment Over $45 Million Fraud

The US Securities and Exchange Commission has triumphed in a lawsuit in which Airborne Wireless Network and a California man who covertly led the company were accused of pulling off a $45 million pump-and-dump scam.

UAW Eyes Strikes at Big Three With Talks Still ‘Far Apart’

The United Auto Workers and the Big Three Detroit carmakers are still “far apart” on a new labor contract, with the union considering striking individual plants belonging to the companies if a deal can’t be reached before the deadline, according to people familiar with the discussions.

Pantera Eyes Mid-Stage Crypto Firms After Valuations Sink

Pantera Capital is more open to venture capital opportunities at mid-stage companies in the crypto sector, which is suffering from a slump in global funding levels as artificial intelligence startups take the spotlight.

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