China’s local government financing vehicles are merging and reshuffling assets among themselves at record speed, as authorities seek to use consolidation to help ease debt pressure and improve fundraising.
The tally of Credit Suisse Group AG investment bankers in the US leaving for rivals ahead of the company’s takeover climbed to at least eight this week, with one going to Deutsche Bank AG and another to Barclays Plc, according to people familiar with the matter.
Donald Trump has been indicted over his refusal to return classified documents found at his Florida home, according to three people familiar with the matter.
China should cut interest rates to alleviate private firms’ financing burdens and boost the economic recovery, according to a prominent economist and government adviser.
Greg Wasson worked for Walgreens for more than three decades, starting as an intern and serving as chief executive officer of the pharmacy giant from 2009 to 2014.
A part of the Japanese fixed-income market that usually gets attention only from bond nerds is signaling a lack of short-sellers betting on a central bank policy tweak next week.
President Joe Biden said he’s confident he can work with House Speaker Kevin McCarthy to continue providing US assistance to Ukraine, despite the Republican leader’s indication this week that he may not back a new supplemental funding package for the war on top of the Pentagon’s regular budget.
Coal India Ltd. is holding talks with residents opposed to a mine expansion that would create one of the world’s largest operations producing the fuel.
Walt Disney Co. watchers speculating over who will succeed Bob Iger as chief executive officer may have fodder in the annual list of invitees to the Sun Valley Conference.
The Pentagon is set to announce as early as Friday a long-term arms package for Ukraine heavy on air defense munitions valued at more than $2 billion, according to administration officials.
