Mitsubishi UFJ Financial Group Inc.’s wealthy clients lost more than $700 million on Credit Suisse Group AG’s riskiest bonds purchased through the Japanese bank’s brokerage venture with Morgan Stanley, according to people familiar with the matter.
Ether continued to lead the rally in cryptocurrencies Friday, grabbing the limelight from Bitcoin as cryptocurrencies extend their rebound this year.
Cargill Inc., the agricultural giant that’s the largest private company in the US, saw profit slow in the nine months through February as volatility in global grain markets eased and domestic meatpacking margins collapsed.
A UK union representing health care workers accepted a government pay deal, boosting Prime Minister Rishi Sunak’s efforts to draw a line under months of strikes that have crippled the National Health Service.
The US charged an Air National Guardsman with unauthorized transmission and retention of classified material in connection with a massive leak that exposed a variety of intelligence secrets, including maps, intelligence updates and an assessment of Russia’s war in Ukraine.
Private equity firms are back scouring Europe’s public markets for bargains, with nearly $20 billion of potential takeover deals emerging in the last few weeks alone.
The business has raised $200 million in equity and debt as it plans its first-ever launch for Saturday.
Canadian home prices rose for the first time in a year after the country’s central bank halted its interest rate hikes and sellers remained hesitant to list their properties.
Princeton University endowment chief Andrew Golden plans to retire next year after almost three decades at the helm.
US near-term inflation expectations jumped in early April by the most in nearly two years amid higher gas prices, but consumer sentiment still rose.
