Bloomberg Business

Finland’s financial institutions face a “high level” of risks stemming from an economic downturn, with the real estate market particularly fraught, the industry’s watchdog warned.

Elon Musk ignored warnings from confidantes including Warner Bros. Discovery Inc.’s David Zaslav and his own brother that he was driving advertisers away with his erratic behavior, according to an upcoming biography.

Investors piling billions of pounds into the UK grid-scale battery sector will drive a fourfold increase in capacity by 2030, even as profit margins are squeezed.

Bank of America Corp. hired Abdulaziz Behery to lead its investment bank in Saudi Arabia and bolstered its Middle East equities business amid a continuing surge in regional deal activity.

China’s demand for electric vehicles has delivered the nation’s homegrown carmakers a seemingly unassailable and irreversible lead over foreign rivals in the world’s biggest auto market.

Ithaca Energy Plc agreed to acquire the remaining 30% stake in the Cambo oil field from Shell Plc, giving the North Sea producer full ownership of the project.

Former HSBC Holdings Plc Chief Financial Officer Ewen Stevenson is set to join a Singapore-based technology investor as its chairman, marking his first role since leaving Europe’s largest bank at the start of the year.

Hong Kong tycoon Lee Shau Kee’s Henderson Land Development Co. has signed Audemars Piguet Holding SA to be the latest occupant of its upcoming skyscraper, as building owners compete for tenants during an office market slump.

An auction of five-year government notes in Japan met solid demand in the nation’s first sale since central bank Governor Kazuo Ueda jolted markets with comments that suggested negative interest rates may be on the way out.

Manufacturers from chemicals to metals and machinery curbed production last year in the fallout from Germany’s energy crisis. As the cutbacks linger, it’s a sign that a deeper industrial malaise is setting in.