Bloomberg One year ago, Hong Kong Polytechnic University (PolyU) was in flames. Police and student protesters faced off at the campus — one of Hong Kong’s best-known — in a chaotic 16-day siege last November that became a symbol of the battle between the city’s China-backed administration and anti-government protesters. Today, what had once been a bustling, freely accessible campus ...

Bloomberg French lender Credit Agricole SA offered to buy Italy’s Credito Valtellinese for about 737 million euros ($875 million) in cash as consolidation accelerates in European banking. The unsolicited bid of 10.50 euros a share, made through its Italian unit, represents a 21.4% premium to the November 20 closing price, according to a statement from Credit Agricole. The French lender, ...

Bloomberg President-elect Joe Biden plans to nominate former Federal Reserve Chair Janet Yellen to serve as his Treasury secretary, people familiar with the matter said, choosing the first woman and a seasoned central banker for the nation’s top economic policy job as the coronavirus pandemic threatens another US downturn. In Yellen, Biden is likely to find support from both Wall ...