Four years ago Nawaz Sharif left Pakistan, dodging a jail sentence on health grounds as ties with the powerful military soured. Now, the three-time former premier is back amid speculation his allies brokered a deal with the generals for his return to politics.
The Del Vecchio family’s investment company “has never been an activist” shareholder and has a long-term commitment as an investor in Mediobanca SpA, its chairman said in an interview with Italian newspaper Sole 24 Ore.
Economic growth in China exceeded forecast, helped by stronger retail sales at the end of the third quarter and bolstered by government stimulus efforts.
Two days after the European Union declared it will push for a global phase-out of most fossil fuels well before 2050, Shell Plc signed a 27-year agreement to buy Qatari liquefied natural gas for the Netherlands.
Italy remains at two levels above junk at S&P Global Ratings after Giorgia Meloni’s government weathered the first of several possible assessments on its looser deficit prospects.
For a company that prides itself on purpose, Unilever Plc has lacked a sense of direction for several years and shareholders, including feared activist Nelson Peltz, want new Chief Executive Officer Hein Schumacher to fix it.
Prime Minister Rishi Sunak was hoping his AI summit next month would bring heads of the most powerful nations face-to-face with executives to guard against the technology’s “catastrophic” potential. With less than two weeks to go, the guest list is thin on world leaders.
There was a celebratory mood inside the Labour Party’s London headquarters on Friday, buoyed by two huge by-election victories that suggest Keir Starmer is on course to be the UK’s next prime minister.
The incoming first female head of Germany’s most powerful labor union IG Metall is warning Elon Musk about efforts to avoid unionization at his Tesla Inc. factory near Berlin.
UK economists are urging the Bank of England to halt sales of long-dated government bonds under so-called quantitative tightening after a collapse in bond prices threatened to lock in billions of pounds of losses for taxpayers.
