Bloomberg Business

South African bonds extended declines on Tuesday as a top official said tax revenue is falling well short of targets, fueling concerns that the government will have to flood an already near-saturated market with increased bond issuance.

Arm Ltd. Chief Executive Officer Rene Haas, gearing up for the biggest initial public offering of the year, is pitching investors on a pivot.

UBS Group AG is planning to move some Credit Suisse staff out of the latter firm’s offices in London’s Canary Wharf as part of plans by the Swiss banking giant to integrate its former rival.

Albemarle Corp. and Talon Metals Corp. are getting about $110 million in new US government funding to support the expansion of domestic mining of lithium and nickel, two metals critical to the nation’s energy transition.

A frenetic search for survivors — or bodies — ensued in eastern Libya on Tuesday after a Mediterranean storm lashed the OPEC member’s shores, with dams collapsing and triggering floods that killed at least 2,300, almost all in one city. The International Red Cross said at least 10,000 more were missing.

Canadian Prime Minister Justin Trudeau finally flew out of India after a technical glitch with his plane that left him and his delegation stranded in New Delhi for two days was resolved, his office said.

Call up just about any IPO backed by SoftBank Group Corp. over the past couple years and it’ll invariably look grim.

President Vladimir Putin called the legal cases facing former US President Donald Trump “political persecution” that inadvertently benefits Russia by revealing the true face of its adversaries.