Bloomberg Business

Bitcoin posted its biggest gain in almost six weeks amid increased optimism that central banks will pause interest-rate hikes that had helped to dent the appeal of cryptocurrencies.

Snowflake Inc. gave a sales outlook for the current quarter in line with expectations, suggesting that companies are still cautious about expanding their cloud software budgets.

The yen is too weak and its benefits for Japanese stocks are diminishing while negative economic side effects are starting to show, according to the chief of the nation’s stock exchanges.

Hyundai Motor Co. and its affiliate Kia Corp. are having a blockbuster year, posting record profits as sales surge globally. The only black mark is China, where a lackluster performance is raising questions about their future in the world’s biggest automobile market.

Taiwanese billionaire Terry Gou is acting like a model presidential candidate: He’s held political rallies, penned an editorial in a US newspaper and released a book trumpeting his work ethic.

Steel distributor Esmark Inc. has changed its mind on buying United States Steel Corp., citing union support for a rival bid from Cleveland-Cliffs Inc. for the sudden turnabout.

North Dakota Governor Doug Burgum will participate in the first Republican presidential debate in Milwaukee on Wednesday night despite suffering an Achilles tendon injury while playing basketball, the debate’s host said.

Exchange operator Cboe Global Markets Inc. can do future acquisitions and expand its global presence as long as the firm maintains a “flexible balance sheet,” according to Chief Executive Officer Edward Tilly.