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Bloomberg US equities were little changed as investors assessed corporate earnings and economic data. Treasuries joined a global rally in sovereign bonds and the dollar extended its rally to a six-week high. The S&P 500 Index fluctuated between small losses and gains after closing at a record. AT&T Inc and Caterpillar Inc fell after reporting first-quarter results, while Boeing Co ...

Bloomberg India’s benchmark stock index advanced for the first time in four days as earnings optimism outweighed concerns that Asia’s third-biggest economy may be crimped by higher oil prices. The S&P BSE Sensex climbed 1.3 percent to 39,054.68 in Mumbai, its steepest daily gain in more than six weeks. The NSE Nifty 50 Index rose by the same magnitude, its ...

Bloomberg India’s central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide bullion demand as top econ-omies diversify their reserves. The Reserve Bank of India’s (RBI) purchases are part of a wider picture across developing economies that are looking at de-dollarising their foreign-exchange reserves, ...

Bloomberg Wells Fargo & Co.’s critics stormed its annual meeting in Dallas, vowing to keep pressure on the bank even after the resignation of its chief executive officer. Investors, however, showed they’re ready to move on. Interim Chief Executive Officer C. Allen Parker was interrupted more than a dozen times as he tried to deliver opening remarks at the gathering, ...

Bloomberg Credit Suisse Group AG’s troubled trading business is finally bringing some much needed to relief to Chief Executive Officer Tidjane Thiam. The global markets unit — a focus of painful cuts and a perennial headache for the CEO — did better than top Wall Street banks in a period that rival UBS Group AG described as one of the ...

Bloomberg The UK formally kick-started its search for Mark Carney’s successor as the governor of the Bank of England (BOE), a role that’s been linked to both senior people within the institution and ex-central bankers around the world. Canadian-born Carney was the first foreigner to run the BOE, and Chancellor of the Exchequer Philip Hammond has said he’s willing to ...

Bloomberg From free burgers and ride-hailing services to hip-hop concerts and discounted gasoline: South African banks are going all out to win customers as competition hots up. The biggest lenders are facing an onslaught of entrants for the first time in 12 years. They’re responding before the newcomers find their feet by pushing loyalty programs, revamping digital offerings for technology-savvy ...

Bloomberg The UK’s antitrust regulator will publish its final decision on Thursday on J Sainsbury Plc’s 7.3 billion-pound ($9.4 billion) plan to buy Walmart Inc’s Asda, after attaching harsher-than-expected conditions to the deal in February. Sainsbury’s attempt to buy the grocer — which would create the biggest UK supermarket chain — looked close to collapse in February after the Competition ...

Bloomberg Germany has cleared the remaining three Bombardier Global 5000 jets in the government fleet to continue flying following the forced landing of one of the aircraft in Berlin. The cause of a recent emergency, which closed the capital’s Schoenefeld airport for several hours and led to widespread delays, is still being investigated but a “systemic failure” can already be ...

Bloomberg Cathay Pacific Airways Ltd is cracking down on flight attendants taking in-flight supplies such as cutlery and ice cream, the South China Morning Post said, citing company and cabin crew sources. The Hong Kong carrier started spot checks by security officials at its home base to prevent such theft, long considered an unofficial perk by staff, the newspaper said. ...