Bloomberg Business

More than 11 million UK homes have declined in value since the end of last year, as pricey mortgages wreak havoc on the nation’s real estate market.

Japanese initial public offerings may keep luring buyers after having delivered the biggest gains among newly listed Asian shares this year in the world’s best-performing equity market.

JetBlue Airways Corp. is ending a legal fight to keep its regional alliance with American Airlines Group Inc. in an attempt to win regulatory support for its acquisition of Spirit Airlines Inc.

The last Ariane 5 rocket launched Wednesday, capping off a two-plus decade run for Europe’s workhorse vehicle that once sent the nearly-$10 billion James Webb Space Telescope into orbit.

The US is considering restrictions on China’s access to computing over the Internet, or the cloud, as part of attempt to limit that country’s ability to develop artificial intelligence capabilities, according to a person familiar with the discussions.

Bank of America Corp. joined rivals in raising its quarterly dividend after the Federal Reserve announced last week that the Wall Street giant passed the regulator’s annual stress test.

Jefferies Financial Group Inc. hired Josh Maio from SMBC Nikko Securities America Inc., adding to its consumer banking team, according to people with knowledge of the matter.

New data on military aid to Ukraine highlights a significant change in the balance of heavy weapons on the nation’s battlefields after more than 16 months of war.

Exxon Mobil Corp. said lower natural gas prices and refining margins will reduce second-quarter earnings by about $4 billion compared with the previous three months.

British firms have reported signs of easing price pressures, even as interest rates rise on the back of the country’s stubbornly high inflation.