Bloomberg The UK and European Union pledged to continue working toward a post-Brexit deal for Northern Ireland, but stopped short of formally announcing an intense final phase of negotiations. Foreign Secretary James Cleverly and European Commission Vice-President Maros Sefcovic said in a joint statement Monday that they need to find “solutions together to tackle comprehensively the real-life concerns of ...

  Bloomberg China’s central bank added less cash than expected into the banking system via policy loans while keeping the rate unchanged this month even with funding demand on the rise into Lunar New Year holidays. The People’s Bank of China (PBOC) injected a net 79 billion yuan ($11.8 billion) via its one-year medium-term lending facility this month, less than the ...

  Bloomberg UBS Group AG doesn’t plan acquisitions in the US “in the foreseeable future” and has no intention to buy Credit Suisse Group AG, the bank’s chairman Colm Kelleher told Swiss newspaper Neue Zuercher Zeitung. UBS hasn’t yet realised its full potential in the US, Kelleher said in an interview. “We need to get our wealth management business up ...