A Russian court detained Igor Girkin, a former intelligence colonel who has become a fierce critic of President Vladimir Putin and his military’s performance in Ukraine, for two months on charges of inciting extremism.
CEO Frédéric Arnault lays out his retail strategy for the Swiss watchmaker.
After reaching a fresh high for the year earlier this month, Bitcoin has market observers questioning whether the momentum is sustainable with prices again trading in a very narrow range.
Fast-fashion giant Shein spent $600,000 on US lobbying efforts in the second quarter as it continues to face questions from lawmakers about forced labor and its opaque supply chain.
Wheat fell more than 4% as traders shrugged off concerns about Ukraine’s exports and escalating tensions in the Black Sea amid ample global supplies.
Republican lawmakers are probing Ford Motor Co.’s partnership with a Chinese battery company for its new $3.5 billion plant in Michigan, scrutinizing issues around American jobs, technology sharing and links to forced labor.
Half of US states were experiencing record-low unemployment — or very close to it — in June, underscoring the strength of the nation’s labor market.
The pound is on its longest losing streak since traders dumped the currency ahead of Liz Truss becoming prime minister last year.
Fallout continues from Moscow’s decision to pull out of the Black Sea grain export deal, including a live-fire drill by conducted by Russia’s navy and another missile attack on the Odesa region. Ukraine’s president instructed his top military commanders to prepare “actions” to continue the functioning of the grain export deal, with the foreign ministry also asked to prepare “analogous diplomatic steps.”
Guy Hands has stepped down as chairman and chief investment officer of Terra Firma after more than 20 years in the role.
