Page 378 - Bloomberg

Switzerland investigates ex-CEO Thomas Gottstein of Credit Suisse

Gottstein is among the Credit Suisse officials under investigation, the Swiss newspaper said

France counts the cost as riots start to ease during fifth night of unrest

Interior minister hails a 'calmer' night even as rioters ram-raid and torch home of a Paris suburb mayor and police arrest 719 more

How dizzying bond moves put 4% yield in play to win over investors

Yields for most tenors approached the highest levels seen so far this year, while wagers that the US Federal Reserve (Fed) might cut interest rates this year fizzled

$7.5 bn derivative trade shifts to India as SGX feud comes to end

SGX Nifty, the Singapore Exchange Ltd.-traded futures on India's key equity NSE Nifty 50 Index, will be known as GIFT Nifty from July 3, and all outstanding orders will be transferred to the GIFT City

China goes on natural gas buying spree like there's still an energy crisis

The government continues to back efforts by state-owned buyers to sign long-term contracts and even invest in export facilities, in order to bolster energy security through the middle of the century

Edtech start-up Byju's and lenders renew talks to restructure $1.2 bn loan

Byju's and its lenders have been mired in a conflict for several months following rounds of failed negotiations to revamp its loan agreement

Apple makes Wall St history as first company with market value over $3 trn

The iPhone maker briefly rose above the $3 trillion level in early 2022, although it failed to close above it, and that peak marked the start of a downtrend that has now been fully erased

Twitter blocks people from viewing tweets, profiles unless registered

In April, Musk temporarily disabled likes, replies and retweets if a tweet had a link to Substack, the newsletter platform. After complaints, Musk then reversed that change

China has $3 trillion of 'hidden' currency reserves, says US economist

A lot of the country's foreign-exchange reserves don't show up in the official books of the People's Bank of China, the former US trade and Treasury official wrote in a report

Pakistan clinches initial approval from IMF for $3 bn loan programme

The staff-level agreement is subject to approval by the IMF Executive Board, with its consideration expected by mid-July, the Washington-based lender said in a statement

China dispatches senior diplomat to Italy to persuade nation to stay in BRI

Beijing is trying to persuade Europe to take a less hawkish stance than the US, which has imposed a sweeping raft of export controls on China to curb its access to advanced technology

China growth momentum slows further amid calls for more policy support

Speculation about potential policy support has been mounting as the recovery for the world's second-largest economy loses traction

Homegrown bank giant bigger than Morgan Stanley to arise from India merger

The tieup of HDFC Bank & Housing Development Finance Corp creates a lender that ranks 4th in equity m-cap, behind JPMorgan Chase, Industrial and Commercial Bank of China and Bank of America Corp

Harvard defends diversity in education after defeat in Supreme Court

Gay, who's currently Dean, Faculty of Arts and Sciences and will be the school's first Black president, said in a separate message that today is a hard day

Artificial intelligence: Why India risks falling behind in the tech race

India's startup landscape is caught in a time warp, with embarrassed investors marking down their stakes in Byju's, an online education company collapsing under the weight of its own reckless growth

Will the Titanic sub disaster tank the submersible tourism industry?

They use propellers to drive the vessel under water, rather than having to fall like a rock and using ballast tanks for stabilization, as with the Titan

PM Modi pitches India to investors in meeting with Goldman Sachs board

The 12-member Goldman board is visiting India for its first meeting in the South Asia nation in more than a decade

Russia's Wagner mutiny weakened Vladimir Putin, but not his ruling system

Russia under Putin's leadership is easy to see as a personalist dictatorship. The president has almost unlimited powers under Russia's much-rewritten, much-abused constitution

Pak should break addiction to IMF bailouts, use crisis as an opportunity

The IMF's bailout package - the 23rd for Pakistan since its independence in 1947 - was suspended in November 2022 because the government had not acted on the IMF's conditions for the loan

2% inflation far: Jerome Powell signals two straight interest rates hikes

Lagarde also talks tough, says not seeing enough sign of drop in inflation