Bloomberg Political turmoil in Brazil shouldn’t stop Petrobras from completing asset sales it has already opened up to bidders, according to one company vying for the state-controlled driller’s Bauna offshore field. An impeachment process against President Dilma Rousseff that could force her to temporarily step down as early as this week shouldn’t derail any ongoing negotiations, Petro Rio SA ...

  Bloomberg Credit Suisse Group AG Chief Executive Officer Tidjane Thiam signalled he’s confident in delivering planned cost cuts this year after a tumultuous first quarter sparked a second quarterly loss. The shares jumped. Switzerland’s second-biggest bank on Tuesday reported a loss of 302 million Swiss francs ($311 million) in the three months through March, compared with a profit of ...

  Bloomberg The owner of Banco Santander SA’s Madrid headquarters asked a London judge to delay a dispute with Royal Bank of Scotland Group Plc and other lenders who are seeking about 700 million euros ($798 million) from interest-rate swaps linked to the 1.9 billion-euro acquisition of the Ciudad Financiera complex. Marme Inversiones’ lawyer Richard Hill asked the judge to ...