Artificial intelligence startup Cohere, backed by investors including Oracle Corp. and Nvidia Corp., is working with banks to raise a fresh round of financing, just a few months after its last one, according to people familiar with the matter.
Japan’s industrial production fell more than expected in July as slowing economic activity in some overseas markets weighed on demand, while retail sales beat estimates.
Hong Kong said it may shut down the city, including its $5 trillion stock market, on Friday as Super Typhoon Saola approaches after pummeling northern Philippines.
Potentially controversial owners of Adani stock were identified for the first time since short-seller Hindenburg Research alleged the Adani Group engaged in corporate fraud and stock price manipulation, the Financial Times reported.
Boaz Weinstein and his group of bidders sweetened their offer to buy Sculptor Capital Management, but the hedge fund firm said it still prefers its deal with Rithm Capital Corp.
Three infant formula makers took insufficient action after cronobacter, the dangerous pathogen that led to a disruptive recall, was found in their manufacturing facilities and products, US regulators said.
Amazon.com Inc. and Shopify Inc. have struck a deal to allow merchants who pay for Shopify’s e-commerce tools to use Amazon’s logistics network.
Australia and the European Union will resume talks on a free trade agreement on Thursday after negotiations broke down in July amid disagreements over market access for Australian agricultural exports.
The UK should work with its democratic allies to discuss defenses against hostile uses of artificial intelligence, according to an influential group of MPs, as London seeks to play a central role in the development of the emerging technology.
A gauge of trader sentiment toward China’s yuan has produced a bearish reading for a record 51 straight days, showing the challenges facing Beijing as it seeks to support its sinking currency.
