Formula One mogul Bernie Ecclestone pleaded guilty to a criminal tax fraud charge and was handed a suspended prison sentence for failing to tell British authorities about assets held in a Singapore bank of around £400 million ($492 million).
Record exports of power from the Nordic region will be vital to keeping the lights on in Europe’s second-largest economy this winter.
Israel’s military said it has confirmed that at least 97 people were taken as hostages when Hamas attacked southern towns and communities on Saturday.
Billionaire macro trader Chris Rokos’s hedge fund posted returns of 2.4% in September, steering the asset manager further out of double-digit declines earlier this year.
Ikea, the flat-pack furniture giant, has started cutting prices after a year marked by soaring inflation and weak consumer sentiment in most of its markets.
An ex-Barclays Plc trader jailed in 2019 for manipulating a key interest rate benchmark has won the right to appeal his conviction.
There’s no easy way of getting euro-area inflation back to the European Central Bank’s 2% target, according to Governing Council member Robert Holzmann.
Facebook-parent has spent thousands of hours stress-testing new AI chatbots but “can’t guarantee” they won’t say “something unwelcome.”
Global financial markets are discounting the risk of a “massive conflict throughout the Middle East for now,” economist Nouriel Roubini said.
Italian Prime Minister Giorgia Meloni is set to delay until early next year a summit with African leaders, aimed at strengthening cooperation on issues including energy and migration, because of the conflict between Israel and Hamas.
