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Airbus, Alstom to partner against growing cyber risks

Bloomberg Airbus SE and Alstom SA are deepening a partnership on cybersecurity to counter threats they say are growing against rail transport systems. The French plane and train manufacturers signed a cooperation agreement to provide security systems to rail operators, according to a statement on Wednesday. The move comes as cross-country networks and urban metros and trams become increasingly reliant ...

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Federer-backed On to raise $622m in IPO

Bloomberg Swiss running shoemaker On Holding AG, whose proprietary cushioning technology has attracted Roger Federer as an investor, plans to raise as much as $622 million in an initial public offering in New York. The IPO will consist of 31.1 million shares sold at $18 to $20 each, the Zurich-based company said in a filing. The sale would value the ...

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Trump sidelines rivals, keeps cash by playing coy on Republican 2024 race

Bloomberg Former President Donald Trump frequently teases another presidential bid, without actually announcing, a strategy that leaves him with access to a $102 million war chest, an unrivaled haul that could scare off donors to other candidates and freeze the Republican 2024 race. By not formally declaring, Trump is free to use money from his political action committees to act ...

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