Bloomberg Peru’s Congress confirmed President Dina Boluarte’s cabinet on Tuesday evening, overcoming a key test for her month-long administration that has faced mass unrest and left roughly 40 dead. The conservative-led Congress confirmed Boluarte’s cabinet with 73 votes in favor out of a total of 130 lawmakers. The confirmation gives Boluarte some breathing room just a day after the ...

  Bloomberg Credit Suisse Group is considering cutting the bonus pool for 2022 by about half, according to people familiar with the matter, capping a grim year in which the bank was forced to raise $4 billion after a string of losses. The Swiss lender is set to make even more drastic cuts to variable compensation after the 32% decline ...

  Bloomberg HSBC Holdings Plc’s Chairman Mark Tucker sees a significant boost to the global economy and a rebound in Hong Kong from China’s reopening. “China’s reopening, announcements of a package of measures to stabilise the property market will be positive for both its economy and the global economy,” said Tucker, speaking from New York on a panel at the ...