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Credit Suisse leaders cut their bonuses 40% after backlash

  Bloomberg Credit Suisse Group AG leaders including Chief Executive Officer Tidjane Thiam offered to have their bonuses cut by 40 percent after a growing number of investor advisory groups opposed the packages ahead of this year’s annual meeting. Thiam and the executive board volunteered to shrink long-term incentive awards for 2017 and short-term incentive awards for 2016, according to ...

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On China, Trump realizes trade and security mix

  The news media have been quick to note US President Donald Trump’s embrace of bombing in Syria and the need for NATO as reversals of the foreign policy he advocated on the stump. But he’s made another flip in the past week that’s just as consequential, and possibly more important for his future foreign policy. By asking China to ...

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Billionaires and the government shake up technology in India

  Jeff Bezos. Masayoshi Son. Jack Ma. Mukesh Ambani. Some of the world’s richest people also happen to be combatants in the expensive war over the future of technology in India. Bezos’s Amazon.com Inc. and Indian rival Snapdeal, backed by Son, are spending billions of dollars to build e-commerce in India. Alibaba founder Ma has splurged on investments aimed at ...

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