Bloomberg Software provider Kinaxis Inc. surged to a record high as it completed a deal for Rubikloud Technologies to boost its capabilities in artificial intelligence (AI). Ottawa-based Kinaxis, whose clients include Unilever NV and Lockheed Martin Corp., briefly passed $4 billion in market value for the first time amid a broad rally in Canadian technology stocks. The company sells products …

Bloomberg Oil slipped, paring a weekly gain, as concern of demand erosion from a coronavirus resurgence countered strong US economic data. Futures fell to about $40 a barrel in New York as the virus continues to spread unabated across large parts of the US, clouding the outlook for energy demand. Crude prices gained 4.2% for the week as data showed …

Bloomberg India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data. The government has been working on the policy for at least two years amid calls to reduce dominance of global tech giants like Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc. Under rules laid out in a 15-page …