The UK financial regulator said it’s in contact with the police about allegations of sexual assault against Crispin Odey as it investigates whether the hedge fund manager passes its ‘fit and proper’ test to operate in the financial industry.
As President Joe Biden looks to revive a key campaign promise to provide widespread debt relief to student-loan borrowers, legal experts warn that he’s likely to encounter a fresh wave of lawsuits challenging his authority to act without congressional approval.
Exxon Mobil Corp.’s ambitious expansion in trading is running into a thorny issue: whether or not to pay traders millions of dollars in performance-related bonuses.
Emmanuel Macron pledged swift government support to help mayors rebuild schools, libraries and town halls destroyed during a week of violence that swept across France after the police shooting of a teenager.
Anchorage Digital saw business soar at the start of the year, boosted by greater demand for safer ways to custody assets following a string of crypto collapses and an uptick in regulatory scrutiny, according to its president.
Mark Zuckerberg is feeling the heat in China — again.
Catalan separatist leader Carles Puigdemont lost a European Union court fight to reinstate his parliamentary immunity, in a decision that could stoke tensions back in Spain ahead of a general election.
China’s largest banks cut rates for the nation’s $453 billion corporate US dollar deposits for the second time in a matter of weeks, according to people familiar with the matter, as authorities intensify measures to shore up the struggling yuan.
A slew of recent blockbuster video game hits by NetEase Inc. is giving bulls renewed optimism that the firm’s 85% rally since an October low has more room to run.
Turkey had the smallest deceleration in consumer prices since a slowdown that began last November as one of the lira’s worst stretches in decades makes imports more expensive.
