Bloomberg Sony Corp.’s new chief executive officer is interested in taking the Japanese electronics maker in an entirely new direction: moving objects. Kenichiro Yoshida, who took over in April, said that he’s always wanted to work on “moving objects,” adding that it’s far too early to say whether Sony will enter the space. “Through our semiconductors, we’re actually already a ...

Bloomberg Hewlett Packard Enterprise Co. gave a forecast for the current quarter that topped some Wall Street estimates, signalling that it’s benefiting from recent cost cuts and a push into software and computer services aimed at lessening its dependence on hardware. Profit excluding certain costs will be 35 cents to 39 cents a share in the fiscal third quarter, the ...

Bloomberg The euro-area economic rebound expected this quarter remains out of reach for now. After bad weather, strikes and a flu epidemic weighed on growth at the start of the year, manufacturing and services suffered another setback in May, when an unusual number of public holidays damped orders. In a sign that investors are getting impatient with the 19-nation economy, ...

Bloomberg Facebook Inc. founder Mark Zuckerberg left European Union lawmakers fuming over unanswered questions at the end of a hearing that began with a mea culpa for the company’s recent privacy woes. At a meeting at the EU Parliament, Zuckerberg repeated what he’s been telling every audience recently: that his company didn’t take a broad enough view of its responsibility ...

Bloomberg Thyssenkrupp AG’s chief Heinrich Hiesinger is facing the fight of his career as a pair of activist investors take aim at the German industrial giant. Elliott Management Corp. is building a stake in the company and wants to oust the 57-year-old chief executive for failing to guide the company through a turnaround, according to people familiar with the matter. ...

Bloomberg Covestro AG, the German chemical maker with roots dating back more than 150 years, is acting like a young upstart as it considers its first acquisitions after former parent Bayer AG completed cutting ties this month. Covestro wants to add polymer technology and broaden its coatings, adhesives and specialty-products offerings, said Patrick Thomas, who steps down as chief executive ...

Bloomberg US President Donald Trump expressed pessimism about whether the summit with North Korea’s leader would take place, even as American officials pressed ahead with plans for a historic meeting on June 12 in Singapore. South Korean President Moon Jae-in flew to Washington for the day amid growing uncertainty about North Korean leader Kim Jong-un’s goals for the summit after ...

Bloomberg Secretary of State Mike Pompeo acknowledged — after prodding by lawmakers — that he backs the finding by US intelligence agencies that Russia meddled in the US presidential campaign to hurt Hillary Clinton and ultimately help Donald Trump. Pompeo, who previously was Trump’s CIA director, was pressed by Democrats on whether he accepted that finding during testimony on Wednesday ...

Bloomberg Venezuela’s President Nicolas Maduro said he’s expelling the top two US diplomats in the country after America imposed sanctions in the wake of a disputed election, saying that the men had meddled in internal politics. Charge d’Affaires Todd Robinson and Consul General Brian Naranjo were declared persona non grata and must leave Venezuela in 48 hours, Maduro said. The ...

Bloomberg Britain isn’t the only place where Roman Abramovich is having residency issues. While the Russian billionaire grapples with delays to his UK visa, a Swiss newspaper’s appeal to report on why Abramovich’s bid for residency in the ski resort of Verbier was scuppered last year has reached the country’s Supreme Court. A spokesman for the Lausanne-based court wouldn’t say ...