Bloomberg Wells Fargo & Co said Charles Noski stepped down as chairman and is being replaced by board member and former JPMorgan Chase & Co Vice Chairman Steven Black. Noski, 68, a director for more than two years and chairman since March 2020, will remain on the board until his retirement on September 30 to help with the transition, the …

Bloomberg European stocks rose to a record on strong earnings, while US futures drifted as investors continued to monitor comments from Federal Reserve officials on scaling back stimulus measures. The Stoxx 600 Index climbed for a seventh day, with Flutter Entertainment Plc leading gains after the gambling company beat profit estimates. US equity futures were little changed, while stocks rose …

Bloomberg Chinese internet stocks rallied in Hong Kong on Tuesday after some brokers started to turn optimistic on the sector and said investors were making an attempt to find a bottom in prices after the recent selloff. The Hang Seng Tech Index rose 2.5%, the most in nearly two weeks, to snap a three-day losing streak. The sector bellwether Tencent …