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  Bloomberg The man blocking the world’s largest nuclear plant says he grew opposed to atomic energy the same way some people fall in love. Previously an advocate for nuclear power in Japan, Ryuichi Yoneyama campaigned against the restart of the facility as part of his successful gubernatorial race last year in Niigata. He attributes his political U-turn to the ...

  Bloomberg US immigration restrictions introduced over the weekend are bringing the technology industry together in unified anger like never before. While the clampdown isn’t an immediate threat to businesses, emotions are running high because President Donald Trump’s executive order violates Silicon Valley’s self-image of inclusion and tolerance. More than any other industry, the tech enclave embraces the work and ...

  Bloomberg Ant Financial, the financial technology company controlled by billionaire Jack Ma, stepped up its international expansion by buying US money-transfer service MoneyGram International Inc. The $880 million transaction, Ant’s second US deal, will connect MoneyGram’s network of 2.4 billion bank and mobile accounts with Ant’s customers. Ant, which was once part of Alibaba, is seeking to expand abroad ...

  LONDON / AP British consumers spurred faster-than-expected economic growth in the last three months of 2016, but experts warn a slowdown may be on the way as the country’s plans to leave the European Union curtail spending and investment. The economy grew 0.6 percent in the fourth quarter from the previous three months, according to figures released by the ...

  Bloomberg A German consumer group sued Facebook Inc.’s WhatsApp in a Berlin court over clauses that allow the messaging service to collect and transfer user data between the platforms. The suit is challenging the privacy terms WhatsApp changed in August, which allow for transferring some data to Facebook’s social network, VZBV said in a statement on Monday. Each consumer ...

  Bloomberg US consumer purchases climbed in December by the most in three months as incomes picked up, signaling a strong hand-off into 2017. The 0.5 percent advance in consumption, which accounts for about 70 percent of the economy, followed a 0.2 percent advance in the prior month, a Commerce Department report showed on Monday. The December increase matched the ...

  Reuters Saudi Arabian money supply growth picked up in December in a sign that the economy is regaining strength after a slump last year caused by low oil prices and government austerity measures, central bank data showed on Sunday. Annual growth in M3 money supply, the broadest money supply measure, rose to 0.7 percent in December, its highest level ...

  Bloomberg Toshiba Corp. is looking to sell more assets to repair a balance sheet facing multibillion-dollar writedowns. The conglomerate happens to have more than 600 different businesses, but raising cash from the firesale will be far from simple. While Toshiba’s two biggest enterprises are nuclear reactors and semiconductors, the Tokyo-based company also has its hands in a wide range ...

  Bloomberg After years spent languishing behind its neighbors, the Philippines is finally catching up with its fellow Asian tiger economies as it posts some of the fastest growth rates in the world. With the World Bank forecasting expansion of more than 6 percent for eight years until 2019 — unparalleled in the nation’s history — the Philippines is mimicking ...

  Bloomberg Alphabet Inc.’s medical arm Verily Life Sciences LLC is getting a major influx of cash from a Singapore-based investment company, boosting the odds of taking their futuristic approach to healthcare into Asian markets. Temasek Holdings Pte Ltd, a state-owned firm, is investing $800 million in Verily, according to a statement from the company Thursday. In exchange, Temasek will ...