Credit Suisse Group AG’s losing streak took the stock closer to the price that the Swiss lender is pitching to shareholders in a crucial capital raise, indicating investors see little upside in the heavily discounted offer.
Ukraine’s Central Bank may cut its economic outlook following Russia’s recent attacks on the country’s energy system, its governor said. European Union states are starting to coalesce around a plan to cap the price of Russian crude oil at $60 a barrel ahead of a Monday deadline.
Next Plc has bought UK retailer Joules Group Plc out of insolvency for £34 million ($41.5 million), winning a bidding war against rival store owners.
Energy giant Vitol Group is returning to agriculture trading, hiring a former Olam Group executive to lead the effort just six years after scaling down that business.
French President Emmanuel Macron criticized Elon Musk’s decision to relax Twitter Inc.’s content moderation policies around subjects like coronavirus disinformation and said speech on the platform deserves more regulation.
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