Albanese Steps Down as $14 Billion Writedown Looms

Rio Tinto Group, the world’s second- biggest mining company, said Chief Executive Officer Tom Albanese will step down as the company prepares to slash the value of acquisitions he oversaw by about $14 billion.

UBS’s Smiles on Market Impact From Geopolitics, ECB
13:37 - Simon Smiles, chief investment officer of ultra high net worth at UBS, discusses the impact from ECB monetary policy and geopolitics on markets. He speaks with Bloomberg's Mark Barton on "Bloomberg Markets." (Source: Bloomberg)
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