Julius Baer Group Ltd. took over Merrill Lynch businesses in Lebanon, Bahrain and the United Arab Emirates and reiterated a target for adding assets it agreed to acquire from Bank of America Corp. last year.
Holcim Ltd., the Swiss cement maker that cut its sales target on sluggish shipments in Brazil, Mexico and India, plans to drive ahead with expansion in Latin America’s two largest markets amid signs demand will recover.
New medicines from Gilead Sciences Inc., Roche Holding AG, Pharmacyclics Inc. and others are poised to reshape treatment of the most common form of leukemia among adults, potentially eliminating chemotherapy from regimens and extending patients’ lives.
U.S. and European stocks fell for a fifth day, gold slid and Treasury yields reached the highest level since September as improving economic data fueled bets the Federal Reserve will reduce stimulus. The euro rose as the central bank gave no sign it will start negative deposit rates.