Global companies are ramping up convertible bond issuance in 2025, taking advantage of strong equity markets and investor appetite for hybrid debt, with tech and growth firms raising funds to avoid high borrowing costs. ...

Switzerland and UBS are signalling in private a willingness to compromise on capital rules, potentially paving the way for parliament to settle on lower requirements acceptable to the government and the bank, according to people familiar with the situation. ...

Silvia Venturini Fendi is stepping down from LVMH label Fendi and becoming honorary president of the fashion house, the French luxury group said on Monday. ...

Intesa Sanpaolo's asset management business has reached a reasonable size, the head of the Italian bank's wealth management division said on Monday, when asked about potential interest in a tie-up wit... ...

U.S.-based utility PG&E Corp said on Monday it plans to spend $73 billion by 2030 for transmission upgrades to meet the data center-led surge in electricity demand. ...

A top manager with Abu Dhabi's ADNOC expressed optimism on Monday about the European Union's ongoing review of its takeover of German plastics maker Covestro but said there needed to be a balance betw... ...

A global database of emerging market debt statistics created by top development banks is aiming to use artificial intelligence to parse risk more comprehensively for investors and help lower borrowing costs for developing countries. ...

Irenic Capital Management built a sizable stake in Workiva , arguing the financial reporting software maker needs to improve its operating efficiency, refresh its board and consider a potential sale. ...

AbbVie said on Monday it would launch its ovarian cancer drug Elahere in the U.K. at a list price equal to that in the U.S. ...

Aerospace startup Beta Technologies filed for an initial public offering in the United States on Monday, the latest company to join the rush to tap a record-breaking bull run in the equity market. ...