Bloomberg Top News

UBS to Explore Credit Suisse Deal in Crisis Combination

UBS Group AG is exploring an acquisition of all or parts of Credit Suisse Group AG at the urging of Swiss regulators after its smaller rival was pummeled by a crisis of confidence, according to people with knowledge of the matter.

Historic Week in Bonds Told in Charts

Investors across the safest bond markets have been rocked by some of the most dramatic swings on record, and there’s likely more turbulence in store given the risks out there.

Tanker Giants Sprout From Nowhere to Keep Russian Oil Moving

At a downtown office block in Mumbai, packing tape peels off a black door whose handle appears to have been ripped out. A pile of post is strewn on the floor outside. A guy from a neighboring office says the staff moved out a few weeks ago, destination unknown.

Logging Into Zoom at the Beach Could Land You a Tax Bill

When does doing a little work on vacation turn into a stay that piques the interest of local tax authorities? And does a UK company, for example, face tax complications abroad if they have staff and key decision makers are dotted across Europe working remotely?

PBOC Warns SVB Failure Shows Hazard of Rapid Global Rate Hikes

The collapse of Silicon Valley Bank shows that rapid monetary policy shifts in developed economies are having hazardous effects on financial stability, an official with China’s central bank said Saturday, in its first official comment on the crisis.