Bernadette Baum

SoftBank Group Corp founder Masayoshi Son is considering an investment of up to $100 ​billion in France, including a multibillion-dollar project ‌to build AI infrastructure in the European nation, Bloomberg News reported on Monday.

French finance minister Roland Lescure ‌said on Wednesday that G7 countries weren't planning to discuss a release of new oil ​stocks at next week's summit but ​the issue could come up in ⁠the future.

U.S. Trade Representative Jamieson ​Greer will host ‌a meeting of G20 trade ​ministers in ​Wisconsin from September 30 ⁠to October ​1, his ​office said, with talks to focus on ​forced labor, ​updating the Most-Favored Nation ‌principle ⁠and global overcapacity.

Russia hopes to power its flagship GigaChat AI model ​with Chinese-made chips, Sberbank's CEO said during President Vladimir Putin's ‌visit to China, as Western sanctions continue to block the country's access to advanced hardware abroad.

Uber is weighing a raised takeover bid ‌for rival Delivery Hero after its initial €33-per-share offer on Saturday was rebuffed, an FT report said, sending the German group's stock up as much as 12.7% to ​their highest since late 2024.

Most stock markets in the Gulf ended higher on Monday as fading geopolitical risks, buoyed by hopes of ​a U.S.-Iran peace deal, boosted investor appetite.

China is restricting overseas ​travel for ‌top professionals involved in advanced ​and strategically ​important AI work at ⁠firms like ​Alibaba Group ​Holding and DeepSeek, Bloomberg News reported ​on Tuesday, ​citing people familiar with ‌the ⁠matter.

Property developer China Vanke Co , is seeking to ​extend four onshore bonds by ‌one year, offering to repay 40% of principal upfront, sources ​told Reuters on Tuesday.

German day-ahead power prices jumped 29% on Wednesday as a heat wave across ​much of Europe raised cooling needs, while lower ‌wind generation meant that more expensive electricity production sources, such as gas and coal-fired power plants, would be needed to cover ​demand.

Chinese ride-hailing giant Didi Global swung to a ​net loss in the first ‌quarter, as higher losses from its international business weighed on profitability.