Bloomberg Business

Engie SA agreed to buy Broad Reach Power LLC, a private equity-backed US battery company, as part of a strategy to expand in electricity storage and renewables.

Synopsys Inc., a US company that makes software for designing semiconductors, said it has completed its acquisition of closely held German software company PikeTec GmbH, strengthening its autonomous driving operations.

Major emerging market nations are preparing to invite top oil exporter Saudi Arabia and several other countries to join their bloc in a push to expand its global influence.

Italy’s government is pushing to approve a borrower-friendly measure on bad loans by the end of the year as part of Prime Minister Giorgia Meloni’s drive to help troubled families and firms amid rising interest rates.

The Spanish women’s professional football league has filed a complaint against the head of the country’s football association for inappropriate behavior during the Women’s World Cup final.

The UK’s windfall tax knocked the wind out of another oil and gas producer. Harbour Energy Plc said the tax imposed on North Sea producers will impact its activity levels in the country, just a day after a similar warning by Ithaca Energy Plc.

VinFast Auto Ltd.’s head-scratching surge has given the money-losing electric car startup a bigger market capitalization than Citigroup Inc., with famed short seller Jim Chanos calling the stock’s valuation “insane.”

Chinese consumer sentiment improved in August, snapping several months of decline, though it remains weak compared to earlier in the year, according to two surveys.

India’s inflation should abate in the coming months as policymakers are taking every possible step to cool down soaring prices, according to a top Finance Ministry official.