So much bad news is priced into European auto stocks that some see Volkswagen AG’s profit warning as further evidence that things can only get better for the struggling sector.

BlackRock, Capital Group and Schroders are among investors poised to buy into the initial public offering of the company behind the Philippines’ top mobile wallet, GCash, which is telling investors it’s on track to price the deal below the maximum, according to people familiar with the matter.

Pakistan’s Interior Minister Mohsin Naqvi met his Iranian counterpart Eskandar Momeni in Tehran to discuss regional peace and stability, Pakistan’s Interior Ministry said, as Islamabad continues diplomatic efforts to revive stalled talks between Iran and the US.

Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)

Novo CEO Mike Doustdar discusses investor confidence, drug testing and the potential for expanding the firm's obesity offerings. "We should also have a mindset that we don't have a patent or a monopoly on all the good ideas," Doustdar tells Bloomberg Television. "When there is a gap, strategically o

Coverage of the new White House memorandum on combating cybercrime quickly reached the privateer label. CNN called the participants “cyber privateers,” invoking the image of government-sanctioned raiders working the high seas of cyberspace, hauling in digital booty. The reality is considerably less

The rivalry between Hong Kong and Singapore to attract global talent is heating up again. Bloomberg's Venus Feng and Cindy Wang size up the merits of the Asian finance hubs. (Source: Bloomberg)

Australia’s securities regulator has temporarily banned three private credit products offered by Melbourne Securities as part of attempts to address risks in private markets.

‘Dismal’ £18bn figure for August comes as inflation drives up government spending

LONDON--(BUSINESS WIRE)--KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a 2.7-million-square-foot portfolio of eight UK logistics assets from Ares Real Estate funds. The portfolio comprises modern, high-quality assets across established distribution ma