Bloomberg International Business Machines Corp. and Comcast Corp.’s venture arm will become the largest supporters of an investment fund for startups that help corporations use blockchain, the digital ledger that’s become a hot technology. The startup accelerator, called MState, plans to invest $25,000 to $50,000 apiece in five or six companies over the next six months, co-founder Rob Bailey said. …

Bloomberg In the future of transportation, what would you get if you mixed the business models of Tesla Inc., Google and Samsung Electronics Co. with the budget of the world’s fifth-biggest automaker? Youngcho Chi is about to find out. Hired from Samsung, Chi has assembled a team of 200 strategists and researchers at Hyundai Motor Co., the 50-year-old South Korean …

Bloomberg The world’s biggest carmakers and technology companies are spending billions of dollars to perfect your ability to drive without thinking. Nissan Motor Co. is taking a different direction—trying to “decode” your thinking so hands-on driving is more fun. The Japanese company will unveil and test its “brain-to-vehicle” technology at next week’s Consumer Electronics Show in Las Vegas. The “B2V” …

Bloomberg HNA Group Co. has approached brokers about the possible sale of two office buildings in London’s Canary Wharf financial district as it seeks to shed assets and cut its debt burden, two people with knowledge of the discussions said. The Chinese conglomerate has sought advice from brokers on the value of 30 South Colonnade and 17 Columbus Courtyard with …

Bloomberg European Central Bank policy makers who marked the turn of the year by pushing for an end to crisis-era stimulus measures just got a reminder that they’ll have to wait a while longer for price pressures to pick up. Despite solid economic growth, euro-area inflation slowed to 1.4 percent last month from 1.5 percent, and the underlying rate unexpectedly …

Bloomberg All but one of Canada’s six biggest commercial lenders now say the central bank will raise interest rates this month after the jobless rate dropped to its lowest in modern records. Toronto-Dominion Bank, Ba-nk of Nova Scotia, Royal Bank of Canada and the Canadian Imperial Bank of Commerce changed their forecasts after a Statistics Canada report showed the unemployment …

Bloomberg Deutsche Bank AG’s sustained trading slump is increasing pressure on Chief Executive Officer John Cryan to prove he can win back investment-banking market share. Revenue at the securities unit slumped about 22 percent in the final quarter because of persistent low volatility in markets and muted client activity, the bank said in a statement. Analysts had expected trading revenue …

Bloomberg While the Bank of Japan resolutely maintains its 2 percent inflation target, Credit Suisse Group AG says that’s an unrealistic goal. The Japanese economy is enjoying a cyclical recovery, benefiting from a pick up in global demand, but nothing suggests structural change, said Hiromichi Shirakawa, chief Japan economist at Credit Suisse and a former BOJ official. “It’s difficult for …

Bloomberg India took another step towards cleaning up a banking system riddled with bad loans, with the government seeking parliamentary approval to issue about 800 billion rupees ($12.6 billion) of bonds to fund capital injections into state lenders. Prime Minister Narendra Modi’s administration expe-cts to sell the first of its recapitalisation bonds before the fiscal year ends March 31, as …

Bloomberg Federal Reserve Bank of St. Louis President James Bullard said President Donald Trump’s $1.5 trillion tax overhaul may spur investment and US economic growth, though policy makers can “wait and see” if that warrants higher interest rates because inflation is low. “There is some possibility this could light a fire under investment and really drive growth higher,” Bullard, a …