Bloomberg Facebook Inc apologised for mistranslating Chinese President Xi Jinping’s name from Burmese to a vulgar word in English in some posts, the New York Times reported. The mistranslation should not have occurred and “we are taking steps to ensure it doesn’t happen again,” the newspaper cited the social media company as saying. The error caught management’s attention when Aung ...

Bloomberg SoftBank Group Corp said it believes WeWork’s core business is still good despite governance and execution challenges. “We are still in it, we are involved, we are helping the company because we believe the idea at its core is very, very good,” said Deep Nishar, senior managing partner at SoftBank’s Vision Fund. “We will help solve WeWork’s problems with ...

Bloomberg Brazilian President Jair Bolsonaro is set to visit India next week, aiming to boost trade with a rapidly growing market as ties with neighbouring Argentina deteriorate. With the Asian nation expanding around 7% a year over the past decade, Brazil sees a huge potential for its exports of food and commodities, according to Marcos Troyjo, the special secretary of ...