Bloomberg SoftBank Group Corp’s $1 billion bet on Wirecard AG is a boon for the battered German digital-finance firm and secures a major European partner for the Japanese tech conglomerate that’s bulking up in mobile payments. For SoftBank, the agreement furthers its transformation from a telecommunications operator into a technology investor under founder Masayoshi Son. For Wirecard, the investment means ...

Bloomberg Ruyi Group has started preparing an initial public offering for The Lycra Co, months after acquiring the maker of the elastic material used in jeans and yoga pants, people familiar with the matter said. The Chinese group is working with Goldman Sachs Group Inc as it explores the potential deal, which could raise about $500 million, according to the ...

Bloomberg Britain is set to toughen the rules under which Huawei Technologies Co operates in the country while stopping short of an outright ban on the Chinese telecom equipment maker, according to people familiar with the matter. The measures, designed to address concerns that Chinese intelligence could use Huawei’s systems to spy on other countries, are expected to involve closer ...