Bloomberg More than 100 IBM executives will descend on Capitol Hill this week with a simple message for policy makers: don’t bring Europe’s new privacy regulations to the US. The Armonk, New York-based technology giant is making a sweeping new European privacy standard a top talking point in its conversations with lawmakers during the company’s annual trip to Congress. The ...

Bloomberg The UK’s biggest bond mutual fund is shifting money to the other side of the Atlantic as the interest-rate gap between Europe and the US widens to record levels. M&G Limited has boosted US holdings in its 23.4 billion pound ($32 billion) Optimal Income Fund this year to more than a third at the expense of positions in French, ...

Bloomberg Brookfield Asset Management Inc. offered A$4.35 billion ($3.3 billion) for Australian hospital operator Healthscope Ltd., topping a bid from private equity firm BGH Capital. The Canadian asset manager offered A$2.50 a share in cash, Healthscope said on Monday. That’s 23 percent more than the stock price on April 24, before BGH’s offer was disclosed. Healthscope said it will assess ...