JPMorgan Hires Deutsche Bank’s Richitt for Health-Care Deals
JPMorgan Chase & Co. has hired Deutsche Bank AG’s global co-head of health-care investment banking.
Bloomberg Business
Ford’s F-150 Leaves Tough Choices for Buyers Seeking EV Tax Credits
The F-150 Lightning qualifies for $7,500 in tax credits available to buyers of EVs made in the US, but most break the incentive’s $80,000 price ceiling.
Pressure Mounts on Sudan to End Fighting as Death Toll Rises
Sudan’s army and a rival paramilitary group are facing mounting international pressure to end a conflict that has claimed hundreds of lives since it erupted last weekend.
More Bank of England Rate Hikes on the Way After Strong Economic Data
Only a few weeks ago, the Bank of England’s upcoming decision over whether to pivot to pausing its rapid interest-rate rises was seen as on a knife edge. Now markets and economists are in little doubt.
Royal Mail Workers to Get 10% Raise to End Long Dispute
The UK’s Royal Mail said workers will get a 10% salary increase over several years as part of a final deal with the Communications Workers Union that draws a line under a year-long pay dispute.
Tycoon Mike Lynch Set to Be Sent to US After Losing Appeal
UK tech tycoon Mike Lynch is set to be extradited to the US to face criminal charges over the sale of his Autonomy Corp. to Hewlett Packard after British courts closed the door on any future UK appeals.
Russia’s Putin and Saudi Crown Prince Discuss OPEC+ Cooperation
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman talked about OPEC+ cooperation by phone, the Kremlin said.
Vatican Says Disclosing Emails in Court Clash Is a ‘Grave Sin’
A Vatican official said it would be a “grave sin” if the church was forced to turn over texts and emails in a UK trial stemming from a London real estate deal.
Russian Arms Sales to India Stall on Fears Over US Sanctions
Russian deliveries of military supplies to India have ground to a halt as the countries struggle to find a payment mechanism that doesn’t violate US sanctions, according to Indian officials with knowledge of the matter.
Todd Boehly Says Mistakes Made in First Year at Chelsea FC
Todd Boehly said mistakes had been made in his first year as co-owner of Chelsea FC, as he addressed a room of bankers and associates just days after the club was dumped out of Europe’s elite football competition.
