Bloomberg The US’s decision to remove tariffs on steel and aluminum from the European Union (EU) in a weekend deal with the bloc will help slow inflation for American consumers, Commerce Secretary Gina Raimondo said. Prices paid by US shoppers rise 5.4% in September, matching the fastest pace of increase since 2008. Unprecedented shipping challenges due in part to the Covid-19 ...

Bloomberg SoftBank Group Corp. shares surged as much as 10% after the company said it would buy back as much as 1 trillion yen ($8.8 billion) of its own stock, reverting to a strategy that founder Masayoshi Son has used in the past to benefit investors. The Tokyo-based company made the announcement as it reported financial results for the September ...

Bloomberg Veteran investor Mark Mobius has allocated almost half of his emerging-markets fund to India and Taiwan to help offset a slide in China shares that has dragged down returns from developing nations as a whole. “India is on a 50-year rally,” even if there are short bouts of bear markets, Mobius said in an interview on Bloomberg Television. “India ...