UK Foreign Secretary James Cleverly announced 25 new sanctions on individuals and businesses targeting the Kremlin’s access to foreign military equipment, part of efforts by Ukraine’s western allies to weaken Russia’s arsenal and choke its defense industry’s supply chains.
Niger’s junta moved to consolidate power as regional leaders prepared for a second emergency summit since the country’s July 26 coup.
Merger advisers’ bonuses are likely to tumble this year as the business remains stagnant, though asset-management executives will see modest gains, according to Johnson Associates Inc.
Italian stocks dropped after a surprise new tax on bank profits sent the country’s lenders tumbling, erasing €9.3 billion ($10.2 billion) from their combined market capitalization. A surge by drugmaker Novo Nordisk to a record high helped cap declines in the broader European index.
Gasoline prices in the US have halted their rapid ascent, offering some relief to drivers as policymakers mull further rate hikes to curb inflation.
Lower domestic airfares that travelers have enjoyed this summer will start to disappear after mid-September, with a new report predicting higher prices through the winter holidays.
The chief executive officer of NRG Energy Inc. vowed to fight for his job, citing stronger-than-expected earnings, despite an activist investor calling for his ouster.
Progressive Senator Elizabeth Warren wants Goldman Sachs to name employees involved in its dealings with Silicon Valley Bank ahead of the financial institution’s failure and disclose whether they communicated with each other.
Producers of ethanol, the biofuel made from corn, are finally catching a break as the summer US travel season is bringing an unexpected windfall to an industry that’s been saddled with weak consumption since the pandemic.
Ron DeSantis has brought in a new campaign manager, the latest shake-up as he faces intense pressure from donors to challenge former President Donald Trump’s dominance of the Republican presidential field.
