Page 478 - Bloomberg

Credit Suisse is not for the sale, says chairman Axel Lehmann

With its share price slumping by more than half this year, the 166-year-old institution has been vulnerable to rumors of takeover bids and concerns over its stability

A chapter ends: Penguin merger with Simon & Schuster stalled

The win in the book publisher case comes after DoJ's antitrust lawyers lost three challenges in a row, though some of those cases are now being appealed

China stocks roar back on reopening 'rumours'; oil price rises 1%

A gauge of Chinese stocks listed in Hong Kong surged almost 7 per cent intraday, rebounding from its lowest close since late 2005

Reserve Bank starts pilot digital currency program for select banks

Banks traded Rs 275 crore ($33.3 million) of bonds on the first day using the new form of currency, data showed

China's property debt crisis enters new phase as bond havens crumble

China's property debt crisis is entering a new phase as even developers that had long been considered safer rapidly tumble into distress

Musk expected to appoint new product leadership at Twitter, seeks advice

It's not clear who will ultimately take over but Musk has turned to old friends for advice in the first few days of his Twitter ownership

Who are the mystery buyers responsible for central bank gold boom?

Almost 400 tons were scooped up by central banks in the third quarter, more than quadruple the amount a year earlier, according to the World Gold Council

Foreigners turn sellers of Indian sovereign bonds on index disappointment

The outflow from the so-called Fully Accessible Route, or FAR, securities marked the first such withdrawal in seven months

India jobless rate rises in Oct led by sharp rise in rural unemployment

Rural unemployment rate climbed to 8.04% from 5.84% in September, while urban jobless rate was at 7.21% compared to 7.7% a month before

RBI starts pilot of its digital currency, allows 9 banks to use it

The e-rupee is set to be test launched within a month for retail use in select locations and users, the Reserve Bank of India had said in a statement Monday

India launches probe into MG Motor as scrutiny on Chinese firms widens

The company's top management, including directors, managing director and auditors have been summoned next month by the ministry seeking more clarification

China's property crash sends billionaire founders heading to exits

Longfor Group Holdings Ltd.'s Wu Yajun resigned on Friday as executive director and chair, shortly after Soho China Ltd.'s Pan Shiyi quit in September

Musk effect: Twitter limits content-enforcement tools as US election looms

Most people who work in Twitter's Trust and Safety organization are currently unable to alter or penalize accounts that break rules around misleading information, offensive posts and hate speech

Why the US cannot match China's industrial heft on EVs, batteries

Instead of focusing on manufacturing - its biggest weakness - the US Department of Energy has backed firms that will process lithium, "demonstrate new approaches" and recycle powerpacks

'Inevitable' Britons will pay more tax for stability, say Sunak, Hunt

"They agreed on the principle that those with the broadest shoulders should be asked to bear the greatest burden," the Treasury said

India's inflation numbers may be lower than official data suggests: Report

India's inflation numbers might be better than official data suggests once the massive impact of a government food program is factored in, according to a report released Monday

Credit Suisse hires 20 banks for $4 bn capital increase to restructure

Credit Suisse Group AG hired about 20 banks to help with a $4 billion capital increase that will help fund the extensive restructuring unveiled last week

Inflation struck European firms seek most emergency funds since pandemic

Firms grappling with high inflation and soaring operating costs are seeking fresh short-term liquidity lines in an echo of the worst days of the 2020 coronavirus pandemic

China builders slide to record lows as top chairwoman Wu Yajun steps down

A sudden resignation by the founder and chairwoman of a top Chinese builder has added to concerns over China's ailing property sector, fueling a further selloff

Clock ticking for private equity firms to spend through tougher times

The shift is profound for an asset class that for more than a decade was flooded with cash from investors hunting yield in a low-interest rate environment