Bloomberg Tech

This week’s AI IRL video series talks about the balance between ‘charging ahead’ and quickly reining in ‘unintended consequences’

Hennes & Mauritz AB and Asos Plc shares rallied after the clothing retailers reported signs of improving prospects.

Asos Plc’s turnaround effort progressed in the last three months as the online retailer returned to profit, prompting a share rally.

Stocks retreated on Thursday, with sentiment subdued by the Federal Reserve’s hawkish tone and as weak economic data from China weighed on resources companies.

SoftwareOne Holding AG’s board said Bain Capital’s 2.93 billion Swiss-franc ($3.2 billion) offer to take the IT services provider private undervalues the company, the latest hurdle in the private equity firm’s attempt to buy a European tech company.

The European Union is set to scrap plans to restrict exports to five Chinese companies with alleged ties to Russia, in a move to break a stalemate over its latest  sanctions package targeting Moscow.

Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal some of its most valuable secrets, allegedly including an orchestrated employee-poaching spree and surreptitious transfers of semiconductor equipment designs.

Transaction processor CAB Payments Holdings Ltd. confirmed it plans to pursue an initial public offering in London, giving a much-needed boost to a flagging market that’s been beset by defections and canceled listings.

Akio Toyoda was reelected to Toyota Motor Corp.’s board of directors with the lowest shareholder vote since at least 2010 after some foreign investors opposed the chairman keeping his seat.

Akio Toyoda was reelected to Toyota Motor Corp.’s board of directors with the lowest shareholder vote since at least 2010 after some foreign investors opposed the chairman keeping his seat.