Bloomberg Business

Aéroports de Paris and GMR Airports Infrastructure Ltd. agreed to fold their joint-venture company into GMR, giving ADP a liquid stake in a business that owns airfields in India.

Credit Suisse Group AG is unlikely to get a better offer than the one UBS Group AG has made with the backing of Swiss authorities, said Mohamed El-Erian.

A coalition of midsize US banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.

Brazilian President Luiz Inácio Lula da Silva’s approval ratings beat that of his predecessor Jair Bolsonaro but were smaller than those in his first two terms, according to a poll comparing the initial months of each administration.

Former Goldman Sachs chief executive Lloyd Blankfein said the Federal Reserve can take a pause hiking interest rates this week as the unfolding bank crisis will effectively tighten lending standards in the economy.

Swiss authorities are weighing unprecedented steps to force through a UBS Group AG takeover of Credit Suisse Group AG, with the risk of some form of nationalization rising by the minute before markets open on Monday.

US regulators are moving toward a breakup solution for Silicon Valley Bank after failing to line up a suitable buyer for the entire company, according to people familiar with the matter.

The world’s most indebted developer has reached an agreement with a group of major creditors for a plan to restructure its offshore debt, just ahead of a key winding-up petition hearing Monday, people familiar with the matter said.