Bloomberg Business

Nordic Capital Pursues Temenos as Other Suitors Drop

Nordic Capital is one of the last suitors for Temenos AG after rival buyout firms dropped from the latest attempt to sell the Swiss banking software maker, people with knowledge of the matter said.

China Asks US to Let Sanctioned H.K. Leader to Attend Summit

China has called on the US to fulfill its “obligation” to allow Hong Kong Chief Executive John Lee to attend a summit in San Francisco this year, underscoring the difficulty of engaging with sanctioned officials.

Russia Is Building an Attack-Drone Factory With Iranian Supplies, US Says

Russia is importing supplies from Iran for a domestic factory that would manufacture Iranian-designed drones for the war in Ukraine, the White House said Friday, releasing intelligence findings in what it described as an escalating military collaboration between the two countries.

AMD Tracks Nvidia Gains in Wall Street’s AI Frenzy

Advanced Micro Devices Inc.’s stellar share-price performance this year reflects its place in the eyes of investors looking to make an artificial intelligence trade: the best backup plan.

First South American Central Bank to Cut Says Caution Needed

The first South American central bank to lower interest rates this year pledges to maintain a restrictive monetary policy, with only modest additional cuts in 2023, to keep consumer price increases and inflation expectations on a downward path.

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