Bloomberg Business

Battery-powered big rigs have a head start, but don’t count out hydrogen trucks yet.

The UK housing market is on a path to recovery, according to HSBC Holdings Plc analysts, who are recommending clients invest in the country’s bruised homebuilder stocks.

British banks expect to put the squeeze on the mortgage market in the coming months after signs emerged of business and household loan defaults picking up.

SoftBank Group Corp. is moving to sell more of its stake in Chinese internet giant Alibaba Group Holding Ltd., unwinding the bet that spurred the Japanese company’s ambition to invest billions of dollars into startups.

HSBC Holdings Plc has been presented with a shortlist of possible alternatives to its Canary Wharf skyscraper, including the former Fleet Street home of Goldman Sachs Group Inc.

HSBC Holdings Plc plans to recruit about 30 bankers to service India’s ultra-rich through its private bank that the lender will launch in the country in the next few months, according to people with knowledge of the matter.

The health of former Italian Prime Minister Silvio Berlusconi, who’s suffered complications linked to leukemia, is improving even as he remains in intensive care, his doctors said on Thursday.

Cigna Group is offering clients a clearer view of how much they pay for drugs through its prescription plans, as the industry responds to rising Washington scrutiny and competition from smaller rivals touting greater transparency.