Bloomberg Tech

The UK economy shrank at the quickest pace in seven months as wet weather held back spending and strikes hit the public sector, unwinding the strength of the previous month.

Stocks declined on speculation US inflation data due Wednesday may show price pressures remain sticky, adding to risks policymakers will keep interest rates higher for longer. Climbing oil prices added to the concern.

BMW AG has abandoned charging customers subscription fees for heated seats in an early indication there will be limits for manufacturers to reap new revenue from software-based services.

Investors in semiconductor stocks face a growing threat to industry valuations: a chronic shortage of water.

Digital-asset exchange Bullish plans to apply for a license in Hong Kong as part of efforts to pursue international expansion, its Chief Executive Officer Tom Farley said.

Stocks fell across Asia as oil prices extended gains ahead of a key US inflation report that may give a better guide on Federal Reserve’s policy outlook.

Binance.US Chief Executive Officer Brian Shroder left the company and has been replaced on an interim basis by Chief Legal Officer Norman Reed, moves that coincided with another round of job cuts at the struggling crypto platform.

Square Enix Holdings Co. has shed nearly $2 billion of its value since Final Fantasy XVI, the latest installment of its global hit series, came out to mixed reviews. Now investors wonder whether one of the games industry’s most remarkable runs is coming to an end.

Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying.

North Korean leader Kim Jong Un is expected to hold a summit with President Vladimir Putin as soon as Wednesday that could focus on weapons after the two leaders visited areas of Russia’s east.