The UK will increase defense spending at next week’s budget in a bid to address vulnerabilities exposed by the war in Ukraine, including in drones, air defense and electronic warfare, according to people familiar with Prime Minister Rishi Sunak’s plans.
Health insurers are fighting a Medicare payment change proposed by the Biden administration, but one of the biggest companies in the space says the policy won’t harm its business, and may even spur growth.
CVC Capital Partners is adding yet another sport to its portfolio with a minority stake in Women’s Tennis Association.
Kids are clamoring to get their hands on the newest sets of colorful Lego bricks, propelling sales and sparking a recruiting push at the toy giant Lego Group.
Nuveen LLC has bought 80% of a rare blue bond designed to help finance debt relief for Barbados and protect its marine environment.
Egypt is offering an additional stake in state-run Telecom Egypt to investors, as the North African nation looks to monetize its assets and raise hard currency.
Goldman Sachs Group Inc. Chief Executive Officer David Solomon said there’s a “meaningfully higher” chance of a soft landing for the economy now than there was six months ago, echoing the sentiments of his peers that the US could avoid a serious downturn.
Prime Minister Giorgia Meloni wants to see a woman at the helm of at least one of Italy’s state-controlled companies, as her government prepares to overhaul top management at some of the country’s largest firms.
Argentina is in talks with policy makers and companies to prevent drafted wetlands-protection legislation from slamming the breaks on exploration as the world looks for more environmentally friendly energy sources.
Federal Reserve Chair Jerome Powell is testifying Tuesday before the Senate Banking Committee, delivering his semiannual report on monetary policy.
