Doubts Creep In at US Construction’s Big Show in Las Vegas
The industry’s first major trade event since 2020 felt like a celebration. But there was apprehension amid the high fives and backslapping.
Bloomberg Top News
Trump’s Faltering Cash Machine Can’t Rely on Facebook for a Fix
Facebook welcomed him back, but he can’t plumb his followers for donations as well as he used to.
Germany, Japan Vow to Deepen Ties on Defense, Raw Materials
Japan and Germany vowed to deepen cooperation on defense and climate protection and work more closely together to reduce excessive dependencies in critical areas such as raw materials.
Turkey, Egypt Pledge to Reboot Ties After Decade-Long Friction
The foreign ministers of Turkey and Egypt pledged to end decade-long frosty relations between the countries over differences in Islamist politics and regional conflicts.
Takeda’s $4 Billion Psoriasis Pill Helped Clear Skin in Mid-Stage Study
Takeda Pharmaceutical Co.’s newly purchased oral psoriasis drug was safe and effective in a mid-stage study, highlighting its potential for treating the painful, incurable skin condition.
BlackRock Not Working on Rival Bid for Credit Suisse
BlackRock denied that it’s working on a possible rival bid for Credit Suisse Group AG, after the Financial Times reported it’s interested in a deal.
Goldman Debt Strategists Cut European Banks Over Credit Suisse
Goldman Sachs Group Inc. strategists lowered their overweight recommendation on European bank debt, citing a lack of clarity around Credit Suisse Group AG and pressures on the region’s lenders.
Ukraine Latest: Kyiv Officials Outline Defense Needs With US
Ukrainian officials, including President Volodymyr Zelenskiy and his top battlefield commanders, spoke via video link with top US military and national security officials.
Sweden to Pursue NATO Entry as Turkey Decouples Nordic Bids
Sweden will continue efforts to persuade Turkey to lift its block on the entry of the largest Nordic country into defense alliance NATO after President Recep Tayyip Erdogan opened the door to Finland’s accession.
Charting the Global Economy: ECB Hikes Despite Banking Turmoil
The European Central Bank went ahead with a planned half-point increase in interest rates but was silent on what may follow amid market turmoil that roiled Credit Suisse Group AG.