Credit Suisse Group AG’s longtime top shareholder Harris Associates saw its stake reduced by about half as it sold some shares and the troubled Swiss lender tapped new investors to raise capital.
The US government again extended the Covid-19 public health emergency, maintaining measures that have expanded access to health care for millions of Americans since the outbreak began in 2020.
Britain’s blue-chip stock index is trading near an all-time high in an optimistic start to 2023, adding to gains for a gauge that managed to avoid last year’s global selloff.
Elliott Investment Management, the investment firm run by billionaire Paul Singer, has built a sizable position in utility owner PPL Corp., according to people familiar with the matter.
Ericsson AB, a Swedish maker of 5G networks, is switching its chairman amid ongoing work to improve the company’s culture following a series of scandals.
(Bloomberg) — Closely followed strategist Edward Yardeni, who saw resilience in the US economy even as recession worries grew last year, remains sanguine on where global financial assets — including US stocks — are headed.
Theme-park giant seeks growth in regional markets
Skyworks Solutions Inc., a chip supplier to Amazon.com Inc. and Apple Inc., is struggling to secure a UK trademark for its business after a court challenge by broadcasting giant Sky Plc.
The dollar holds the crown as the world’s dominant currency and rivals have so far failed to unseat the greenback — making fresh rallies likely.
China still needs to share more information about the transmission of Covid-19 and the strains that are circulating, World Health Organization officials said.
