Bitcoin Reaches Highest Since June With $30,000 Back in Sight
Bitcoin climbed back above levels seen just before the latest US regulatory crackdown as traders set their sights on $30,000 for the first time in more than nine months.
Bloomberg Business
China’s Biggest Builder Posts First Loss Since 2007 Listing
Country Garden Holdings Co., China’s largest property developer, reported a first full-year loss since its 2007 listing in Hong Kong and signaled it would pivot away from its expansion in smaller cities.
Raiffeisen Eyes Russia Unit Sale or Spinoff Amid Pressure
Raiffeisen Bank International AG plans to sell or spin off its Russian subsidiary, narrowing options for a unit that has faced criticism for making record profits since the start of the war in Ukraine.
Tech Is Set for One of Its Best Quarters, Thanks to the Fed
The Nasdaq 100 is heading for its second-best quarter in a decade — and it has the Federal Reserve’s recent largess to thank for its gains.
Mubadala Eyes Bridgepoint’s $2.5 Billion Dialysis Firm Diaverum
Mubadala Investment Co. is exploring an acquisition of Bridgepoint Group Plc’s European dialysis clinic chain Diaverum, in a deal that could value the business at about $2.5 billion, according to people familiar with the matter.
San Francisco Fed’s Daly Stays Mum While Criticism Mounts Over SVB Oversight
One of the Federal Reserve’s most prolific policy messengers is laying low at a crucial moment for the central bank, after finding herself at the center of controversy over turmoil in the banking sector.
Pope Francis Health Is ‘Gradually Improving’, Vatican Says
Pope Francis’s health conditions are “gradually improving,” a Vatican spokesman said on Thursday.
Bankers to Putin’s Cellist Confidant Found Guilty of Negligence by Swiss Court
Four bankers including the former boss of Gazprombank’s Swiss unit were convicted for failing in their due diligence requirements to properly flag financial transactions made by a cello-playing confidant of Vladimir Putin.
China Seeks to Reassure CEOs as Worries Swirl Over Potential War
Between China’s increased military aggression around Taiwan and reports that Beijing will supply Russia with weapons, the global business community could be forgiven for getting nervous about a possible war.
Wind Investment in Europe Is Plummeting When It’s Most Needed
Investment in new wind farms slumped to the lowest in more than a decade in Europe last year, hit by rising costs and red tape that threaten to undermine the region’s energy security and climate targets.
