Bloomberg Business

Siemens, Burberry May Spring Surprises: EMEA Earnings Week Ahead

As a short and intense earnings season winds down, Europe’s biggest companies can look back on a quarter of mostly positive results. This week’s lineup may deliver more of the same, at least if the prognoses for Siemens AG and Burberry Plc are anything to go by.

World Bank Money to Suspected Huawei Firms Exposes US Disconnect

A US watchdog found that $10 million in World Bank borrower funds were awarded to contractors with possible links to Huawei Technologies Co., exposing a rift between Washington’s national security priorities and the policies of the global development lender, where the US is the largest shareholder.

Switkowski to Head PwC Australia Review in Wake of Tax Scandal

PricewaterhouseCoopers LLP’s Australia unit said Ziggy Switkowski will lead an independent review into its governance and culture after a scandal of unauthorized sharing of confidential tax policy information rocked the firm.

Goldman Sees More Japan Upside as Topix Approaches 33-Year High

Japanese stocks advanced for a second day, pushing the Topix closer to reaching its highest level since August 1990, with strategists at Goldman Sachs Group Inc. saying solid fundamentals and expectations for structural changes “justify a bullish stance” on the nation’s equities.

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