Japan’s MUFG Battles Private Equity, Startups to Hire US Bankers
Hiring for bankers in the US is getting harder for Japan’s largest lender, according to a top executive who sees more competition to recruit top talent from a wider slate of companies.
Bloomberg Business
Turkcell Considers Naming Chairman Bulent Aksu as New CEO
Leading Turkish telecommunications company Turkcell Iletisim Hizmetleri AS is considering former Deputy Finance Minister Bulent Aksu as its new chief executive officer, according to people with knowledge of the matter.
Draghi to Map Out Strategy in EU’s ‘Whatever It Takes’ Competition Pledge
The European Union must do “whatever it takes” to keep its competitive edge as it pushes industry for a green transition, and has recruited Italy’s Mario Draghi to help map out the bloc’s strategy, the head of the EU’s executive arm said.
Manchester United Signs £60 Million Shirt Sponsorship Deal With Qualcomm
Manchester United has signed a major sponsorship deal with Qualcomm Technologies Inc. that will display the company’s Snapdragon brand on the club’s shirts.
Saudi Arabia’s Production Cuts Threaten a Surge in Oil Price Volatility, IEA Warns
Oil supply cuts by Saudi Arabia and Russia will create a “significant supply shortfall” and threaten a renewed surge in price volatility, the International Energy Agency warned.
Morocco’s King Makes Rare Appearance as Earthquake Death Toll Nears 3,000
Morocco’s King Mohammed VI visited earthquake victims in Marrakech as the death toll neared 3,000 people from a disaster that cast a spotlight on his prolonged absences from public life.
Kazakh Elites Get Ultimatum: Invest at Home or Face Scrutiny
Kazakh business elites who haven’t revealed the source of their wealth and those with money stashed abroad have a new way out, according to President Kassym-Jomart Tokayev.
India’s Reserve Bank May Find Little Comfort in Easing Inflation
The Reserve Bank of India won’t lower its guard yet on last month’s weaker inflation pace as lingering weather concerns can lift prices again, according to economists.
Deutsche Bank Tests Out AI to Detect Rogue Traders’ Phonecalls
Deutsche Bank AG is testing out artificial intelligence tools that aim to detect possible signs of misconduct from the tone of traders’ phone conversations.
Russian Steel Tycoon Rashnikov Loses Fight Over EU Sanctions
Russian steel billionaire Victor Rashnikov lost a European Union court fight against his inclusion on the bloc’s sanctions list following the invasion of Ukraine.
