SoftBank reports a $46 billion gain at its Vision Fund, driven largely by the performance of its investment in OpenAI.

Chinese automaker BYD negotiates with Stellantis, other European carmakers to take over underutilized factories in the region, its top international executive says.

Chinese automaker BYD is negotiating with Stellantis and other European carmakers about taking over underutilized factories in the region, according to the Chinese company’s top international executive.

Swedish Central Bank's Thedeen warns of weaker growth and higher inflation, though quantifying the impact is currently very difficult.

The Swedish Central Bank's Thedeen states that a likely outcome will be weaker growth and higher inflation, but it is currently very difficult to quantify.

Vietnam plans to raise the foreign ownership limit for airlines, a move expected to lead to operational adjustments by carriers.

Vietnam plans to increase the foreign ownership limit for airlines, prompting carriers to adjust their operations.

Intertek is set to agree to a £10.6 billion takeover by private equity group EQT. The deal marks a significant consolidation move in the testing and inspection sector.

Intertek is reportedly set to agree to a £10.6 billion takeover offer from private equity firm EQT.