Bloomberg Business

Ericsson CEO Says He’s the First to Tap a $20 Billion API Market

Ericsson AB and Deutsche Telekom AG announced a partnership to offer communication and network APIs to developers and enterprises, in what the Swedish company called a milestone in its goal to help operators make money from network investments.

UBS, French Tycoon Face $1.5 Billion Claim in Tuna Bond Scandal

UBS Group AG and French shipping tycoon are set to face a civil claim of around $1.5 billion stemming from Credit Suisse’s role in a fundraising scandal in Mozambique, the UK’s top judges said, the first time a court has put a figure on the size of the suit.

ECB’s De Cos Says 4% Rates Should Bring Inflation Back to Target

European Central Bank Governing Council member Pablo Hernandez de Cos said keeping interest rates at current levels could bring inflation back to target — joining other officials in signaling the end of an unprecedented hiking campaign.

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