Bloomberg Business

UBS Group AG Chief Executive Officer Sergio Ermotti said that the bank will do everything within its power to avoid imposing losses on taxpayers as part of the rescue of Credit Suisse Group AG.

Investors have added almost $600 million to bets that an emerging-market index dominated by Chinese stocks will lose money.

Porsche AG’s first-quarter earnings jumped as luxury carmakers continued to show gains despite a slowing global economy.

Switzerland’s lower house passed a long-mooted bill to ban large banks from paying bonuses to some top managers, a step that reflects popular discontent with the financial sector after the rescue of Credit Suisse Group AG but has uncertain chances of becoming law.

Conservatives who for years have pushed judges to rein in federal bureaucrats have a chance to claim their biggest prize yet as the Supreme Court considers toppling a 39-year-old precedent that critics say has fueled an explosion of government overreach.

Artificial intelligence will be dangerous in the hands of unscrupulous people, according to Microsoft Corp. Chief Economist Michael Schwarz.

Turkey’s inflation slowed below 50% for the first time in over a year, with risks for price stability rising as the country goes to the polls in less than two weeks.

Investors turned more optimistic on US equities in the week before Wednesday’s Federal Reserve rate decision as a better-than-feared earnings season supported sentiment, according to Citigroup Inc. strategists.

Taliban’s top diplomat will travel to Pakistan later this week to hold talks with his Chinese counterpart Qin Gang that could include extending a Belt and Road Initiative to Afghanistan.