Europe’s airspace coordinator said a trade union representing workers at its operations center had warned of possible strikes over a period of six months, potentially creating more disruption as the busy summer travel season reaches its peak.
Dubai’s luxury residential market continued its hot streak, with 176 homes worth at least $10 million changing hands in the first half of this year, according to property consultancy Knight Frank.
A group of banks led by JPMorgan Chase & Co. and Goldman Sachs Group Inc. are lining up around $9.4 billion of debt to back GTCR’s purchase of a majority stake in Worldpay Inc., in what would be the largest buyout financing in over a year.
Average temperature broke records on Monday, Tuesday and Thursday as extreme heat puts millions at risk.
Credit Suisse was sued in Japan over bonds linked to a fund that the bank ran with now-bankrupt Greensill Capital, underscoring the legal challenges that remain for the lender and its new owner UBS Group AG.
European football teams, media like Le Monde and Agence France-Presse and other organizations on the continent have found a way to get Meta Platforms Inc.’s new Threads app, even though the company hasn’t launched it in the European Union.
Sweden’s largest bank says the nation’s lenders are strong enough to support the turbulent property markets, even as funding costs and their exposures are rising.
Chinese authorities are facing pressure to back up their reassuring rhetoric on the economy with more substantive action.
Shell Plc’s earnings from natural gas trading will be significantly lower in the second quarter, due to seasonal shifts in the market.
Chancellor of the Exchequer Jeremy Hunt is planning to roll back a piece of European Union legislation that forced financial firms to separate the cost of investment research from trading expenses, part of his efforts to boost the attractiveness of the UK’s financial services sector.
