US Business

Sony Group plans to acquire an additional stake in Japanese publishing house Kadokawa for more than $300 million to become one of its largest shareholders.

The Chinese fintech company, co-founded by billionaire Jack Ma, said it has no plans to go public, striking back at social-media posts contending the company was exploring a potential backdoor listing.

Sibanye-Stillwater said it entered into a $500 million agreement with mining royalty company Franco-Nevada for the long-term supply of gold and platinum from three of its mines in South Africa.

The beleaguered group said it reduced its gross debt by 2.1 billion euros, and it now has a more sustainable capital structure and much-needed liquidity.

The Japanese company continues to campaign for support from mayors, governors and especially members of the steelworkers union.

Intensive negotiation between Volkswagen and labor leaders continue over how to proceed with cost cuts at the auto giant.

Apple called out Meta for seeking access to software tools that it said could compromise user privacy, a criticism that comes as the EU tries to force the iPhone maker to give developers greater access to its technology.

Water companies in England and Wales can raise customers’ bills over the next five years to help pay for improvements to prevent sewage spills into waterways, the regulator said.

The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.

Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.