Bloomberg Business

President Joe Biden implored world leaders to strengthen their carbon-cutting ambitions and unite behind a pledge to make half of all light-duty vehicles sold in 2030 emission-free models.

Credit Suisse Group AG is fighting accusations of “systemic fraud” and “deceit” over subprime mortgages dating back more than a decade in a London court, underlining the legal challenges that UBS Group AG will face once the forced sale of the embattled Swiss lender is completed.

President Joe Biden is not yet a declared candidate for reelection, but he is acting like one.

Estonian Prime Minister Kaja Kallas, who scored a resounding reelection victory last month, is coming under pressure as critics say she broke a promise not to raise taxes.

They learned the hard way not to drive out alone.

Singapore’s central bank proposed a slate of ESG regulations for financial institutions and listed companies on Thursday, demonstrating both the goal to align with emerging international standards and to accommodate Asian countries’ persistent need for financing in heavy-emitting and fossil fuel industries.

Execution will be key to a successful integration of two Swiss lenders after last month’s emergency rescue of troubled Credit Suisse Group AG by UBS Group AG, according to Philipp Hildebrand, vice chairman of BlackRock Inc.