Bloomberg Uber Technologies Inc. has reached an agreement to sell its Southeast Asian ride-hailing business to rival Grab and could announce the deal as early as Monday morning in Singapore, people familiar with the matter said. The agreement—which includes all of Uber’s operations in Southeast Asia as well as Uber Eats in the region—gives Uber a stake of between 25 ...

Bloomberg China’s plan to counter US import tariffs may throw global aluminum and steel traders into a tizzy, but the net result could be a boon for American primary-metal producers. The retaliatory plan to slap tariffs on US aluminum scrap and some steel products may boost American supplies, lowering raw-material prices, says Zaner Group LLC’s Peter Thomas. That could coax ...

Bloomberg SoftBank Group Corp.’s Vision Fund is looking to invest as much as $150 million in Loggi, a Brazilian-based platform that matches couriers to shippers, according to people familiar with situation. A similar model to many ride-hailing apps, the system flags delivery requests to nearby couriers, known as motoboys—or motorcycle messengers. The fee and route is calculated by the app. ...