C-Suite

BNP Paribas is buying Fosun’s 9% shareholding in Belgium insurer Ageas for roughly $777 million.

Large U.S. companies are pressing lawmakers to revive expired tax breaks for research and development spending, as a political stalemate keeps some finance executives wrestling with those investments.

The plan would bulk up the enforcement authority of the Committee on Foreign Investment in the U.S. amid ongoing economic confrontation with China.

The fine on the auditing firm’s Netherlands unit is the largest ever from the Public Company Accounting Oversight Board, eclipsing its $8 million levy on Deloitte Brazil in 2016.

As businesses consider how to tackle generative AI, the once trendy idea of a startup-style innovation group is fading for some.