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Leonteq Profit Warning Adds to Woes, Pushes Shares to Record Low

Leonteq AG’s shares slumped to a record low after the Swiss fintech warned it would lose more than 10 million francs this year, adding to the long stream of bad news from the company.

Leonteq AG’s shares slumped to a record low after the Swiss fintech warned it would lose more than 10 million francs this year, adding to the long stream of bad news from the company.

UK Building Slump Deepens in Blow to New Homes Goal, PMI Shows

British construction firms suffered the steepest downturn in output in over five years and slashed jobs, threatening to stall Prime Minister Keir Starmer’s ambitions to turbocharge building.

British construction firms suffered the steepest downturn in output in over five years and slashed jobs, threatening to stall Prime Minister Keir Starmer’s ambitions to turbocharge building.

Smiths Group Sells Airport Security Unit to CVC Capital Partners for £2 Billion

Smiths Group has agreed to sell its airport security scanning division, Smiths Detection, to CVC Capital Partners in a deal valued at £2 billion. The transaction is part of Smiths' strategy to streamline its operations, allowing the engineering group to focus on its core businesses.

Cerberus Capital Management Appoints Former US Cyberspace Ambassador as Chief Strategy Officer to Enhance Investment Strategy

Cerberus Capital Management has appointed Nathaniel Fick, the former US ambassador-at-large for cyberspace, as its chief strategy officer for equities. This strategic move aims to bolster the firm's investment activities in national and economic security, particularly focusing on supply-chain resilience.

My sister, as executor, refuses to probate my father’s estate. She did the same thing when our mother died. What can I do?

“I recently received paperwork from a company that my father had invested in.

“I recently received paperwork from a company that my father had invested in.”

‘I don’t have money to pay for a death certificate’: My sister refuses to probate my father’s estate. What can I do?

“I recently received paperwork from a company that my father had invested in.

“I recently received paperwork from a company that my father had invested in.”

Erdogan’s Top Ally Rebukes US Ambassador Over Greek Seminary

Turkish President Recep Tayyip Erdogan’s top political ally accused the US ambassador in Ankara of overstepping his authority by suggesting Turkey could reopen a Greek Orthodox seminary next year.

Turkish President Recep Tayyip Erdogan’s top political ally accused the US ambassador in Ankara of overstepping his authority by suggesting Turkey could reopen a Greek Orthodox seminary next year.

Record Gift Helps Reform UK Close Funds Gap With Tories, Labour

Nigel Farage’s Reform UK raked in more donations that any other British political party in the third quarter, boosted by a record £9 million ($12 million) gift from crypto investor Christopher Harborne, in a sign business and the wealthy are taking the party’s polling lead seriously.

Nigel Farage’s Reform UK raked in more donations that any other British political party in the third quarter, boosted by a record £9 million ($12 million) gift from crypto investor Christopher Harborne, in a sign business and the wealthy are taking the party’s polling lead seriously.

Reform Eclipses Labour, Tories With Crypto Backer’s Record Gift

Nigel Farage’s Reform UK raked in more donations than any other British political party in the third quarter, boosted by a record £9 million ($12 million) gift from crypto investor Christopher Harborne, in a sign business and the wealthy are taking the party’s polling lead seriously.

Nigel Farage’s Reform UK raked in more donations than any other British political party in the third quarter, boosted by a record £9 million ($12 million) gift from crypto investor Christopher Harborne, in a sign business and the wealthy are taking the party’s polling lead seriously.

<strong>AI Can Tell Us Something About Credit Market Weakness</strong>

Plus, what we can learn about AI credit.

Plus, what we can learn about AI credit.

Odd Lots: What AI Reveals About Credit Market Weakness (Podcast)

Odd Lots: What AI Reveals About Credit Market Weakness (Podcast)

Czech Services Inflation Bolsters Cautious Interest Rate Stance

Czech inflation slowed more than expected in November but the closely watched measure of services prices remained elevated and will likely reinforce the central bank’s cautious monetary policy stance.

Czech inflation slowed more than expected in November but the closely watched measure of services prices remained elevated and will likely reinforce the central bank’s cautious monetary policy stance.

Mubadala Backs Private Credit Bets After Plowing in $20 Billion

Abu Dhabi’s Mubadala Investment Co.

Abu Dhabi’s Mubadala Investment Co., one of the region’s most prolific private credit players with a $20 billion portfolio, said its bets were holding up well and batted away concerns over structural issues within the sector.

ING Creates Private Markets Unit, Calls It ‘Key Growth’ Area

ING Groep NV has created a new unit for private markets deals labeling the business as a “key growth” area within its wholesale banking division.

ING Groep NV has created a new unit for private markets deals labeling the business as a “key growth” area within its wholesale banking division.

Reliance Is Said to Start Work on Draft Prospectus for Jio’s Likely Record IPO

Reliance Industries Ltd.

Reliance Industries Ltd. has started work on an initial draft prospectus for a listing of Jio Platforms Ltd., people familiar with the matter said, in what is expected to be India’s biggest-ever initial public offering.

Macron Meets Xi Jinping, Signs Deals in Beijing | Daybreak Europe 12/4/2025

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead.

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, Presidents Emmanuel Macron and Xi Jinping are meeting in Beijing as part of a three-day visit for the French leader. The pair are...

Lithuanian Court Finds Coalition Partner Guilty of Antisemitism

Lithuanian court found the leader of a junior party in the ruling coalition guilty of inciting hatred with antisemitic remarks on social media.

Lithuanian court found the leader of a junior party in the ruling coalition guilty of inciting hatred with antisemitic remarks on social media.

Watches of Switzerland’s US Sales Grow Despite Tariff Turmoil

Watches of Switzerland Group Plc sales grew in the first half, with robust demand in the US even as President Donald Trump’s trade tariffs weighed on the industry.

Watches of Switzerland Group Plc sales grew in the first half, with robust demand in the US even as President Donald Trump’s trade tariffs weighed on the industry.

European Stocks Gain as Fed Rate Cut Hopes Boost Sentiment

European stocks advanced on optimism around a Federal Reserve rate cut amid signs of a slowdown in the US labor market.

European stocks advanced on optimism around a Federal Reserve rate cut amid signs of a slowdown in the US labor market.

Key Japan Officials Would Go Along With a BOJ December Rate Hike

Key members of Prime Minister Sanae Takaichi’s government wouldn’t try to stop the Bank of Japan if it decides to raise interest rates in December, according to people familiar with the matter, a stance that makes a move more likely.

Key members of Prime Minister Sanae Takaichi’s government wouldn’t try to stop the Bank of Japan if it decides to raise interest rates in December, according to people familiar with the matter, a stance that makes a move more likely.