The plan by SBB, one of Sweden’s biggest commercial landlords, to urgently conserve cash by postponing dividend payments is hitting the investment company of its chief executive officer, Ilija Batljan, which faces its own looming debt maturities.
Jeremy Hunt said the UK is considering subsidizing clean energy firms to combat the threat from US President Joe Biden’s Inflation Reduction Act, despite previously indicated opposition to that approach.
The National Rifle Association’s lobbying arm sued to block Maryland from enforcing new gun-control measures that enhance requirements for obtaining concealed-carry permits and restrict firearms in sensitive areas including school grounds and hospitals.
Target Corp. stood by its annual outlook after posting higher-than-expected profit in the first quarter, even as “softening sales trends” threaten to crimp short-term results.
While big tech stocks have fueled the market’s advance in 2023, Cisco Systems Inc. has been a notable exception.
Prime Minister Giorgia Meloni will discuss with Group of Seven allies Italy’s decision on whether to pull out of a controversial investment pact with China, according to a senior government official.
Goldman Sachs Group Inc.’s continental European unit was fined €6.63 million ($7.2 million) by the European Central Bank after it failed to properly calculate its capital ratio.
With user-generated content surging on music services, bogus tracks may now account for 10% of all streams
Korean Air Lines Co. was handed a warning from European Union regulators that its plan to acquire smaller South Korean rival Asiana Airlines Inc. for 1.8 trillion won ($1.4 billion) would harm competition unless the firms allay antitrust concerns.
Markets are betting on a rocky end to the debt-ceiling debate roiling Washington, but if they are wrong, investors may miss out on the gains.
