(Bloomberg) — Switzerland should give its financial supervisor Finma the power to fine banks and make it easier for troubled lenders to receive emergency liquidity, an expert panel said on Friday.
Arm Holdings Ltd., one of the most anticipated stock listings of the year, is preparing to set a price range for its initial public offering before embarking on an investor roadshow next week, according to people familiar with the matter.
BMW AG is unveiling a fully electric platform for its Mini brand as the automaker looks to leverage its popular three-door hatchback to compete with a range of smaller Chinese battery-powered vehicles pushing into Europe.
Japanese government-backed startup Rapidus Corp. said it has hired more than 200 people in a bid to create a cutting-edge chip foundry by 2027 and challenge leader Taiwan Semiconductor Manufacturing Co.
European stocks posted modest gains as investors awaited key US jobs data for clues on the Federal Reserve’s policy outlook.
Samsung Electronics Co. leapt more than 6% on reports the company has won the right to supply advanced memory chips to AI leader Nvidia Corp.
US President Joe Biden said he hoped Xi Jinping will attend next week’s G-20 summit in New Delhi, amid reports the Chinese leader would likely skip the international summit.
More than twice as many Chinese automakers will exhibit at IAA compared to when it was last convened in Munich.
More than twice as many Chinese automakers will exhibit at IAA compared to when it was last convened in Munich.
Tesla Inc. unveiled the first refresh of its popular Model 3 sedan with a sleeker look and longer range, and slashed the price of its premium cars in the US and China in an all-out push by Chief Executive Officer Elon Musk to boost sales.
