Bloomberg Business

BNP Paribas bank CEO Jean-Laurent Bonnafe has dodged the drama that ruined peers, but now faces the question of what’s next.

HSBC Holdings Plc’s decision to quit the 1.1 million square foot skyscraper that bears its name in Canary Wharf in favour of a smaller office in the City of London is the latest blow to the east London financial district that’s becoming a less popular choice for businesses navigating a world reshaped by the pandemic.

Chow Tai Fook Enterprises Ltd.’s $4.5 billion offer to buy NWS Holdings Ltd. only became public early Tuesday, but stock prices were jumping days earlier.

State Grid Corp. of China will prioritize preventing blackouts over its longer-term goal of decarbonizing the country’s power mix.

A Singapore judge handed a 12-month prison term to a businessman for conspiring to misappropriate money in the Wirecard AG scandal.

Former federal politician Olivia Chow will be Toronto’s first Asian-Canadian mayor after earning a narrow victory in Monday’s municipal election.

US-based Circle Internet Financial Ltd. is closely watching regulatory developments in Hong Kong after the territory’s new crypto rules went into effect, according to Jeremy Allaire, the company’s co-founder and chief executive officer.

Mizuho Financial Group Inc. is giving all its Japan bank employees access to Microsoft Corp.’s Azure OpenAI service this week, making it one of the country’s first financial firms to adopt the potentially transformative generative artificial intelligence technology.

China banned a prominent finance writer and two of his peers from social media platform Weibo for commenting about the country’s stock market and unemployment rate.

Australian Prime Minister Anthony Albanese’s approval ratings have fallen to their lowest level since he narrowly won office in May 2022, as mounting concerns over cost-of-living pressures take a toll on his government.