International spirits brands that halted supplies of premium liquor to Russia have lost control over whether their stock is sold there, thanks to a government scheme allowing drinks imports without the trademark owners’ consent.
Major central banks may be struggling to contain inflation, but they are at least making progress toward another goal: plain speaking.
It’s been one month since the demise of Credit Suisse Group AG, and the supposedly game-changing event barely registers as a blip for Europe’s money market traders.
A 27% jump in the price of olive oil is prolonging the cost-of-living shock on Italian families already reeling from lasting increases in the cooking staples that make up Bloomberg’s Pizza Margherita index.
Business tycoon Mike Jatania is looking to sell a 12-bedroom mansion just west of London, in what would be one of the UK’s biggest ever country house deals.
Sales and construction completion levels for newly-built properties in London have plummeted to their lowest level in around a decade as buyers dry up for the capital, in the latest sign that the city’s housing market is in crisis.
US National Security Advisor Jake Sullivan spoke to his Brazilian counterpart on Tuesday after that country’s president, Luiz Inácio Lula da Silva, accused America of “encouraging war” while on a visit to China.
The biggest winner from Fox News’ $787.5 million settlement with Dominion Voting Systems Inc. is a New York private equity firm that’s walking away with a return on its investment of more than 1,500%.
From sci-fi style concept cars featuring holograms and neon lights, to more run-of-the-mill hatchbacks, some of the world’s biggest automakers showed off their latest models at the bustling auto show in Shanghai. Once again, battery power took center stage, with makers jostling to show off their electrification credentials.
Haitong Securities Co. plans to revamp its Hong Kong investment bank, halting an expansion after the firm posted unprecedented losses last year.
