Bloomberg Business

Jefferies Financial Group Inc. is hiring Barclays Plc executive Sven Baumann, the latest high-profile departure from the British firm since a leadership shakeup at its investment bank, people with knowledge of the matter said.

US regulatory uncertainty surrounding Ether is seen by some market observers as damaging the token’s performance compared with a recent rally in Bitcoin.

Byju’s, the Indian education-technology firm that lost its auditor and three board members in one week, has begun damage control as regulators and investors amp up scrutiny of a startup that once symbolized the country’s internet boom.

Japan’s government unveiled a $6.3 billion deal to buy out and privatize JSR Corp., taking direct control of the world leader in chipmaking compounds at a time US-Chinese tensions threaten to fragment the $550 billion global semiconductor industry.

Rishi Sunak’s government said it is stepping up efforts to tame soaring inflation by threatening a crackdown on corporate profiteering and signaling its determination to limit public sector pay rises.

One of Wall Street’s most bearish strategists said US equities are facing a wall of worry, which could fuel a sharp selloff in the near future.

German Defense Minister Boris Pistorius said his nation is prepared to station a permanent brigade of about 4,000 troops in Lithuania to help bolster NATO’s eastern flank against potential Russian aggression.

Pakistan’s race to restart a stalled International Monetary Fund loan program took a positive turn as the country made a dramatic final attempt to appease the lender less than a week before the facility ends.

The ruble weakened temporarily by almost 3% against the dollar on Monday, the most this year, after a mutiny by mercenary commander Yevgeny Prigozhin, whose brief uprising represents the biggest threat to President Vladimir Putin’s political control in his almost quarter century in power.