The creator of crypto token Hex illegally used millions of dollars of investor funds to buy a 555-carat black diamond known as “The Enigma,” according to the US Securities and Exchange Commission.
Banks including HSBC Holdings Plc, Barclays Plc and NatWest Group Plc have only passed through about a quarter of interest rate rises to savers, the Financial Conduct Authority said as it warned of “robust action” for firms that don’t transfer benefits to consumers.
Strong demand from consumers willing to pay up for bookings pushed Royal Caribbean Cruises Ltd. shares to the highest level since the coronavirus dealt an existential blow to its business in early 2020.
Western Global Airlines LLC has reached a deal with creditors that would allow the cargo carrier to keep operating while it reworks its debt load in a potential bankruptcy, according to people familiar with the matter.
L Catterton is set to launch an initial public offering of Birkenstock as soon as September that may value the iconic footwear maker at more than $8 billion, people with knowledge of the matter said.
Apollo Global Management Inc. is seizing on an upturn in credit conditions to potentially bring Europe’s first collateralized loan obligation refinancing in more than a year.
Donald Trump widened his lead among likely Republican primary voters as Florida Governor Ron DeSantis, whose campaign has struggled to gain traction, fell further behind the former president in a new poll.
Archer Aviation Inc. surged the most intraday since February 2021 after agreeing to build as many as six of its Midnight electric air taxis for the US Air Force in a deal worth up to $142 million.
Oil exchange-traded funds posted their largest week of outflows for more than a year, led by a record withdrawal from the crude market’s biggest ETF.
Thousands of Hungarian students will probably lose access to the European Union’s Erasmus+ scholarship program after the government failed to address concerns about the country’s universities, a top EU official said.
