UK retail billionaire Mike Ashley has shifted more of his money into a company he set up to drive the development of a luxury residential project in Chelsea, one of the most exclusive parts of London.
The New Development Bank, a financial institution created by the BRICS bloc of emerging markets, doesn’t have any immediate plans for the group to create a common currency, its vice president and chief financial officer said.
Germany’s ruling coalition has approved a 2024 finance plan that slashes net new borrowing to the lowest levels since before the pandemic and squeezes spending across all government departments except for defense.
Rishi Sunak’s promise to cut National Health Service waiting lists — “no tricks, no ambiguity” — was an effort to recast his Conservatives as the party of sober government after the chaos of Boris Johnson and Liz Truss.
JPMorgan Chase & Co. said there’s a risk that the Bank of England will have to push interest rates as high as 7% and trigger a “hard landing” in the economy to quell inflation.
The head of Shell Plc’s British offshore wind business is leaving the company amid a shift to spend more money on the oil and gas business that drives profits.
A lithium-ion battery maker announced it was cancelling plans for the construction of a $504 million battery production plant slated for Kentucky following a decision by the Biden administration to rescind a $200 million grant.
Steve McMenamin, the executive director of the Greenwich Roundtable, is selling his popular Versailles Farm in Connecticut.
Sharks are suspected to have bitten five people swimming off Long Island over the extended Fourth of July weekend as tourists and locals celebrated the holiday beachside.
Turkey is planning to increase taxes on banks and corporations as the government looks to offset some of the burden of a ballooning budget deficit aggravated by election pledges and devastating earthquakes.
