Bloomberg Call it the Falciani Principle. A former UBS Group AG employee who’s appealing his conviction for commercial espionage and money laundering skipped his Swiss court appearance, as expected, to avoid likely arrest. The man, only identified as Rene S., was convicted in absentia last year and sentenced to 40 months in prison after fleeing to Germany. That’s similar to ...

Bloomberg Stocks edged lower with US equity futures on Thursday as investors sought fresh catalysts for gains amid a rising numbers of coronavirus infections in some countries. Treasuries advanced. The Stoxx Europe 600 opened in the red, with travel shares and miners leading declines. Contracts on the main US equity benchmarks came off their lows earlier in the session to ...

Bloomberg India stocks fluctuated as a surge in new coronavirus cases raised concerns over business recovery, while a border conflict with China’s military has raised tensions. The S&P BSE Sensex rose 0.1% at 33,568.89 as of 10:13 am in Mumbai, after initially falling as much as 0.4%. The NSE Nifty 50 Index climbed 0.2%. Rising Covid-19 infections in India and ...