Credit Suisse Group AG’s top executive said he expects to take the firm’s carved-out investment bank public by 2025 as he continues to search for investors in the business that will revive the storied First Boston name.
Novo Nordisk A/S, one of the world’s biggest makers of insulin, said it would cut US prices for several of its products by up to 75%, following similar actions by rival Eli Lilly & Co.
Hungary has once again delayed a vote on NATO enlargement after Prime Minister Viktor Orban’s deputy scrapped legislative sessions for next week, according to an opposition lawmaker.
Underlying US consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmoil in their next interest-rate decision.
About four years ago, traders operating out of a two-story house in Rio de Janeiro piled into a bet that oil prices would skyrocket on anticipation of a tight market and a slower transition away from fossil fuels.
Poland’s government approved a plan for mortgage subsidies aimed at reviving the country’s ailing housing market ahead of a general election slated for the fall.
Credit Suisse Group AG Chief Executive Officer Ulrich Koerner pleaded for patience to orchestrate his radical overhaul, buoyed by signs that client confidence could be returning and faster progress on job cuts.
Google announced a raft of new artificial intelligence-powered features for customers of its cloud-computing business, as the technology giant jostles for dominance in the burgeoning field with rivals such as Microsoft Corp. and startup OpenAI.
Hennes & Mauritz AB is launching a resale platform with ThredUp Inc., as global apparel companies try to make a dent in the clothing waste they produce and seize on a potential new source of revenue.
Adam Schiff wants to go after banker pay for failed lenders.
