Bloomberg Tech

A private equity consortium backed by CVC Capital Partners is in talks about a potential acquisition of Middle Eastern credit card processor Network International Holdings Plc.

President Joe Biden said the US was close to concluding investigations into the leak of sensitive documents that exposed American spying practices and assessments of Russia’s war in Ukraine, even as he sought to downplay the impact of the disclosures.

US equities traded higher Thursday, as the latest readings on jobs and factory-gate inflation were slightly softer than expected, a boost for those hoping the Federal Reserve may be approaching the end point of an era of aggressive interest rate hikes.

Xi Jinping led a parade of officials this spring vowing to revive China’s economy, hoping to repair the damage wrought by years of Covid Zero and regulatory clampdowns. Some of the world’s biggest investors are selling anyway.

Sports streaming startup Buzzer Technologies Inc. has raised new funding and entered discussions with leagues, teams and networks as it opens up the platform for licensing deals.

More than a year after Microsoft Corp. proposed buying Activision Blizzard Inc. for $69 billion, the video-game maker’s shares are finding fresh impetus.

Infosys Ltd. forecast sales that lagged estimates, underscoring how clients are tightening IT budgets to weather an economic slowdown.

Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China.

Wizz Air Holdings Plc cautioned that persistent strikes by air traffic controllers in France, alongside staffing shortages for outsourced services across the industry as well as delayed plane deliveries risk disrupting travel again this summer.