US Business

Blizzard Entertainment will collaborate with China’s NetEase to bring its blockbuster game titles back to the mainland Chinese market this summer.

The online-entertainment company is hiring ad-tech player PubMatic to help juice sales of new video ads displayed on virtual billboards.

Tesco launched a $1.27 billion share buyback and said it expects profit to rise in the year ahead, signaling improving consumer demand as inflation tapers off.

Chinese electric-vehicle maker XPeng is gearing up to sell its cars in Hong Kong and Macau, part of efforts to expand beyond the overcrowded market in mainland China.

The Japanese owner of 7-Eleven, Seven & i Holdings, is considering listing its superstore business as part of efforts to focus on its convenience-store segment.

The Alibaba co-founder praised the company’s leadership and the ongoing restructuring in a memo to employees, a rare move for the billionaire since stepping away from the spotlight in recent years.

The directors’ expected departures come at a sensitive time for Paramount Global.

Rescuers in Italy were searching for four missing workers after an explosion at a hydroelectric power plant owned by Rome-based energy group Enel killed at least three people.

Switzerland said UBS will have to hold substantially more capital under new rules aimed at preventing a repeat of Credit Suisse’s near-collapse last year.

The new members will help evaluate the investor group’s proposal to acquire the retailer.