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Credit Suisse to expand adviser unit for billionaire clients

Bloomberg Credit Suisse Group AG will boost the number of private bankers that serve its richest clients in the first move by the bank’s new international wealth-management chief. The lender plans to “significantly expand” its business for its strategic clients, who are mostly billionaires, according to a memo from Philipp Wehle seen by Bloomberg and confirmed by a bank spokesperson. ...

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Swiss resumes flights with A220 jets after ‘grounding’

Bloomberg Deutsche Lufthansa AG’s Swiss airline is resuming flights with its fleet of Airbus SE A220 jets after grounding them on October 15 following a “serious” engine problem that forced a London-Geneva service to land in Paris. The carrier, the world’s biggest operator of the narrow-body aircraft, said it cancelled about 100 flights in order to carry out inspections of ...

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Indonesia all set to make halal labeling mandatory this week

Bloomberg Indonesia is all set to make halal labeling mandatory for consumer products and services from this week, but the high cost of securing the license and absence of clear guidelines mean millions of local producers are still without certificates. The compulsory labeling will first apply to the food and beverage products and services from October 17 before being gradually ...

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