The UK showed it won’t shy away from blocking the biggest global deals when it vetoed Microsoft Corp.’s $69 billion mega deal to buy Activision Blizzard Inc. in a surprise move.
Nima Momeni appeared in court Tuesday, and his lawyer signaled that he will plead not guilty.
A network of couriers who smuggled more than £100 million ($124 million) of criminal cash in suitcases from the UK to Dubai was found guilty following a trial of one of the largest money laundering scams ever recorded.
Mounting costs driven by the war in Ukraine are squeezing budgets in the European Union’s eastern wing, prompting cutbacks on economic aid for refugees and government efforts to encourage those able to get jobs.
Switzerland will commemorate victims of Nazi terror with an official state memorial for the first time, even as questions about its role during World War II continue to haunt the country.
Microsoft Corp.’s $69 billion takeover of Activision Blizzard Inc. was vetoed by Britain’s antitrust watchdog, in a potentially fatal blow for the gaming industry’s biggest ever deal.
The US economy’s first-quarter report card and separate assessments of labor costs, spending and inflation in coming days are projected to keep the Federal Reserve tilted toward another interest-rate hike next week.
First Republic Bank’s continuing struggles raise the possibility that the Federal Reserve could decide to pause interest-rate increases next week, though investors still see it moving ahead.
Chinese President Xi Jinping told Volodymyr Zelenskiy that the only way to achieve peace for Ukraine is through negotiations with Russia.
President Joe Biden launched the first television ad of his newly launched reelection campaign on Wednesday, backed by a first-week expenditure of more than $250,000 — mostly in six battleground states.
