Business
Ex-wife of F1 billionaire Bernie Ecclestone sets up family office to manage $881M divorce settlement
Malic’s chief investment officer is focusing on “wealth preservation,” joining a growing list of female investors. Read More
Florida Gov. DeSantis signs bill banning power-generating wind turbines offshore or near the state’s coastline
It takes effect July 1 and would also boost expansion of natural gas, reduce regulation on gas pipelines in the ...
Thursday’s analyst calls: Fast food stock to surge 40%, what to expect from Nvidia earnings
A fast food stock and Nvidia were among the stocks being talked about by analysts on Wall Street.
EasyJet shares fall on profit miss, CEO departure
Shares of EasyJet fell more than 7% Thursday after the low-cost airline posted a slightly larger than expected pre-tax loss ...
Rolex seller shares soar after strong U.S. sales—despite it being an ‘underdeveloped market’
Watches of Switzerland Group reported a 14% increase in sales in its fiscal fourth quarter. That helped total sales rise ...
Unmarried millennials are twice as likely as boomers to buy homes solo—and 10 times as likely to buy with a friend
Young buyers are being forced to come up with “creative solutions” to an expensive housing market. Read More
EU launches probe into Meta over social media addiction in children
Facebook and Instagram owner to be investigated on whether it does enough to protect mental health of young users
Meta slapped with formal EU probe over child safety risks
Facebook parent company Meta on Thursday was hit with a major investigation from the EU into risks of its platforms ...
The story of Labour power, told in pledge cards
Keir Starmer’s 1997-style pitch for votes grasps the party’s strengths and weaknesses
Europe’s largest telecoms operator backs guidance following a revenue boost in core markets
Deutsche Telekom is benefiting from a strong position in its two main markets, Germany and the U.S., both of which ...
Barge slams into Texas bridge causing partial collapse and oil spill
The accident came weeks after a cargo ship crashed into a support column of the Francis Key Bridge in Baltimore, ...
U.S. data fuels bets of Fed rate cuts as early as September — but analysts aren’t convinced
Traders appear increasingly confident that the U.S. Federal Reserve could start cutting interest rates as early as September.
Biden to raise solar import tariffs in bid to protect US industry
Move follows sweeping levies on Chinese goods in latest protectionist trade action ahead of November election
Taylor Swift’s Eras Tour could give the UK economy a $1.2 billion boost
Barclays says Taylor Swift fans are expected to spend over $1,000 on average to see the singer on the U.K. ...
BT to cut another £3bn of costs
Shares rise 8% as chief executive Allison Kirkby says telecoms operator at an ‘inflection point’
India ‘very favorable’ for IPOs, Peak XV says, as economy and investor sentiment stays strong
India offers a “very favorable” environment for companies to list, said Peak XV Partners.
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bank
‘Biggest barrier’ to Saudi-Israeli normalization is the two-state solution, says ex-CIA director
“A solid path, a solid commitment to a two-state solution from Israel” is the biggest hurdle to Israel and Saudi’s ...
‘Big Short’ investor Michael Burry bets big on China e-commerce
The wagers appear to be paying off, as Chinese policymakers’ efforts to stem a rout and signs of improvement in ...
Why growing China-Russia military ties worry the west
Closer co-operation forged through joint exercises is forcing Pentagon and allies to react
EasyJet chief Lundgren to step down next year
Low-cost carrier names financial chief Kenton Jarvis as replacement
Slovakia’s prime minister no longer in life-threatening condition after assassination attempt
Slovakia’s Prime Minister Robert Fico is expected to survive an assassination attempt following surgery, according to the country’s deputy prime ...
Futures exchange CME plans to launch bitcoin trading
US group has held discussions with market participants over Switzerland-based market
Paramount: the takeover battle that could reshape Hollywood
The tussle for the venerable studio has been billed as the money men against the creatives, but the outcome may ...
Pfizer offers up to $250mn to settle thousands of Zantac cancer lawsuits
Agreement aims to resolve a big portion of litigation in Delaware over discontinued heartburn drug
The think-tank laying the groundwork for a Labour government
Labour Together has helped bring the UK opposition party from near annihilation to the brink of power
Shein switches focus to London after New York IPO stalls
E-commerce giant’s proposed US listing appears stuck amid trade tensions between Washington and Beijing
Bridgewater founder Dalio warns of danger of US debt on Treasury market
Billionaire investor has concerns about rising financial burden, global conflict and growing possibility of ‘civil war’
Data centres have turned Big Tech into big spenders
Companies need AI services revenues, not cost savings, to fuel data centre boom
