Bloomberg Business

Sweden’s EQT AB said a slowdown in deals globally means the company will likely hold onto its investments for longer after slow exit activity in 2022.

The European Union will need to ask member states to make fresh contributions to the bloc’s budget to fund a growing list of priorities, including support for its industries and addressing fallout from the war in Ukraine, the EU executive arm’s top economy official said.

Ericsson AB Chief Executive Officer Borje Ekholm welcomed one of his company’s staunchest critics, activist investor Cevian Capital AB, which is seeking a seat on the 10-person board.

Due diligence conducted by EY for prospective GoMechanic investors showed that the Indian auto-services firm inflated revenue, the latest headache for its backer Sequoia Capital in the South Asian nation.

European natural gas prices rose amid lower flows from Norway and the potential for further supply risks, even as forecasts showed the return of milder weather in parts of the region.

Blackstone Inc. Chief Executive Officer Steve Schwarzman said the US needs a new raft of leaders in both political parties.

JPMorgan Chase & Co.’s Vis Raghavan said bonuses for investment bankers will fall after a “pretty anemic year.”

Diesel traders are diverting cargoes of the fuel away from the European Union with just days to go until the bloc bans almost all imports from top supplier Russia.

The European Union’s failure to complete banking union is putting the continent’s lenders at a strong disadvantage, according to UBS Group AG Chairman Colm Kelleher.

The risk of French power shortages this winter has largely evaporated as nuclear output rebounded and homes and factories slashed demand, the country’s grid operator said.