Bloomberg Tech

MGM Resorts International was hacked by the same group of attackers that breached Caesars Entertainment Inc. weeks earlier, according to four people familiar with the matter.

China blasted the European Union’s probe into Beijing’s electric-car subsidies, as the battle to access the bloc’s growing market risks sparking a trade war between the two economic powerhouses.

R3, the blockchain company backed by investors including Bank of America Corp. and Intel Corp., fired just over a fifth of its workforce last week as it seeks to preserve cash to weather an industry downturn, people with knowledge of the matter said.

Investors in the software company’s new funding round include T. Rowe Price and Nvidia

Rishi Sunak’s government warned China is seeking to headhunt Britons in sensitive positions, as it said some Chinese action “crosses the line from influence to interference.”

Treasury yields climbed, with economic data bolstering the case for the Federal Reserve to keep interest rates higher for longer in a bid to bring inflation back to its 2% target. The euro dropped.

Aviva is selling its stake in Singapore Life Holdings as the insurer continues to trim its portfolio around the world. Chief Executive Officer Amanda Blanc has refocused the firm on the UK, Ireland and Canada in recent years, selling off various units in other markets as it sought to boost shareholder returns.