Bloomberg Top News

The UK government has sought to distance itself from the Confederation of British Industry following allegations of sexual harassment, drug use and rape among the business group’s staff.

Billionaire Anil Agarwal’s plan to build a $19 billion chipmaking plant in India is floundering as his venture struggles to secure a technology partner and faces challenges in obtaining financial incentives from the government.

Citigroup Inc. has appointed Selim Elgen to head the bank’s global wealth business in the Middle East and Africa.

Growing expectations for a dovish pivot at the Federal Reserve are boosting bonds across Asia — and nowhere more so than in Indonesia.

US equity futures fell with Asian stocks and government bonds rallied against the backdrop of weaker-than-expected economic data that supported forecasts for recession. Contracts for the Euro Stoxx 50 were little changed.

Thailand, Vietnam, India and Cambodia have emerged as early winners this year as semiconductor production begins to move away from traditional centers such as Taiwan and China.

Singapore authorities are working with lenders in the city-state to set uniform standards on screening potential customers from the crypto and digital assets sectors, amid various global fallouts in the industry.

Converting the world to entirely clean energy will require $10 trillion worth of investment, but continuing to rely on fossil fuels would cost even more, according to Elon Musk.

A post-pandemic labor crisis, plus demands from young employees for a better work-life balance, is forcing bosses to improvise.