Bloomberg Mubadala Development Co, the Abu Dhabi sovereign fund, and Chinese internet giant Tencent Holdings Ltd are weighing bids for part of Temasek Holdings Pte’s stake in global retailer AS Watson Group, people with knowledge of the matter said. The Singapore state investment company is considering selling around a 10 percent stake in AS Watson for about $3 billion, according …

Bloomberg Alphabet Inc.’s Google was fined 1.49 billion euros ($1.7 billion) by the European Union (EU) for thwarting advertising rivals, a penalty that may be EU antitrust chief Margrethe Vest-ager’s third and final attack on US tech giant. It brings the total Google has been ordered to pay to 8.2 billion euros in EU antitrust probes that have run for …

Bloomberg US equities erased earlier losses after the Federal Reserve signalled that it won’t raise rates this year, saying economic growth has slowed. Ten-year Treasury yields narrowed and the dollar fell. As was widely expected, the central bank didn’t announce an interest-rate increase on Wednesday and took any hike off the table for 2019. That dovish turn was enough to …