Elon Musk accused Apple Inc. and OpenAI in a lawsuit of unfairly favoring the artificial intelligence company across iPhones and thwarting competition for other chatbot makers.

Banco Santander SA is leading a roughly $2.7 billion debt deal to support Thoma Bravo’s acquisition of customer-service automation business Verint Systems Inc., according to people with knowledge of the matter.

Prices are rising across Japan, but not for the components of chipmaking gear. Tokyo Electron Ltd. supplier Marumae Co. is seeking out deals to change that.

(Updates for postmarket share move, adds Talen Energy.)

Bloomberg’s Caroline Hyde discusses the latest on Intel after President Donald Trump announced a 10% stake in the chipmaker. Plus, Elon Musk announces he's suing Apple and OpenAI, accusing the companies of thwarting competition. And the world of esports is set to get bigger with the introduction of the Esports Nations Cup tournament. (Source: Bloomberg)

Asian equities looked set to follow Wall Street lower Tuesday as investors were on edge that a looming key US inflation report may derail the pace of Federal Reserve rate cuts.

Oil steadied after a four-day advance as investors waited for clearer signals on supplies, with the US poised to double a tariff on all Indian imports to penalize the country for buying Russian crude.

Iris Capital Partners, an investment firm backed by the heir to a Malaysian fortune, is seeking to raise $200 million from institutional investors, the latest family wealth vehicle to open up to outside capital.

Fortescue Ltd.’s full-year profit fell 41% on lower prices for its iron ore, as Chinese demand for the steelmaking ingredient weakens amid its protracted property-sector slowdown.

Indian equities are likely to extend a rare underperformance to their emerging-market peers as trade tensions with the US show few signs of abating.