Sony Corp really didn’t need this. At a time when its collection of businesses, from movies to sensors, are all declining, the Japanese conglomerate had one bright spot on the horizon: a new games console. Now the company, and its investors, will need to wait a little longer for that fresh high. Sony has been forced to cut its own ...

As Covid-19 continues to stretch the UK’s public finances, with the deficit possibly approaching 20% of GDP this year, the autumn budget is expected to address the wide gap between tax revenues and spending. The impact is likely not just to be economic, but also political. Number Cruncher recently polled 1,000 British adults on the choices ahead. On the question ...

Bloomberg Alibaba Group Holding Ltd is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab Holdings Inc, according to people familiar with the matter. The Chinese e-commerce giant, a sole investor in the round, will spend a portion of the funds to acquire some of the Grab stock held by Uber Technologies Inc, one of the people ...