Bloomberg Ericsson AB Chief Executive Officer Borje Ekholm welcomed one of his company’s staunchest critics, activist investor Cevian Capital AB, which is seeking a seat on the 10-person board. Cevian, which first invested in the Swedish telecommunications networks maker in 2017 and now has a stake of about 5%, is looking to name a director to the board at an ...

  Bloomberg The cost-of-living crisis is driving demand for Britain’s student halls, as undergraduates hunt for tenancy agreements that lock in the price of their bills. Some £6.9 billion was invested in purpose-built student accommodation in 2022, a 62% year-on-year rise, according to broker Knight Frank. What’s more, £3.8 billion was spent in the final quarter, boosted by the £3.3 ...

  Bloomberg The top US and China economic officials held their first face-to-face meeting Wednesday, pledging to improve communication as a way to avoid more serious confrontation during a period of heightened tensions. “We share a responsibility to show that China and the United States can manage our differences and prevent competition from becoming anything ever near conflict,” US Treasury ...