Bloomberg Tech

Tesla Inc. cut the price of its highest-volume models yet again in a further sign Chief Executive Officer Elon Musk is willing to sacrifice the electric-car maker’s profitability to stoke demand.

ASML Holding NV shares fell in Amsterdam trading on concerns that falling demand in the broader semiconductor industry would have a long-term impact on its results.

Eagle-eyed travelers snapped up heavily discounted tickets in the fanciest cabins on All Nippon Airways after a currency conversion blunder, with one paying just $890 for flights in first class all the way from Jakarta to the Caribbean via Tokyo and New York, and back again.

More than 100 executives from South Korea’s top firms plan to join President Yoon Suk Yeol on a visit to the US this month that will focus on economic cooperation and securing supply chains less dependent on China for items such semiconductors.

(Bloomberg) — The Swiss National Bank’s most recent half-point interest-rate hike still only slows inflation to 2% in its forecasts, Governing Board member Andrea Maechler said, suggesting more tightening may be needed.

A senior Nigerian minister urged the country’s president to end a long-running dispute with Eni SpA and Shell Plc to allow the companies to finally develop a prized deepwater oil license.

GoTo Group has ended talks to raise funds through a $500 million convertible bond issue, abandoning months of negotiations as it focuses its attention on hitting profitability targets.

A fire at a hospital in Beijing killed at least 29 patients, leading to the arrest of 12 people and prompting public anger after initial mentions of the incident were censored.

Mubadala Investment Co. has teamed up with Abu Dhabi artificial intelligence firm G42 to acquire Bridgepoint Group Plc’s European dialysis clinic chain Diaverum.