Bloomberg Business

Telegraph Owners Summoned Over £100 Million Barclay Divorce Bill

The two brothers who control the Daily Telegraph newspaper and the Barclay business empire were ordered to attend London’s High Court to answer questions about their uncle’s ability to pay his ex-wife in their £100 million ($120 million) divorce.

Pakistan Court Rejects Imran Khan’s Bid to Cancel Arrest Warrant

A Pakistan court rejected opposition leader Imran Khan’s petition to cancel an arrest warrant in the latest twist in a legal case that has raised political tensions in the country that’s struggling to shore up finances and avert a default.

Short Seller Accuses Kroll and Jones Day of Wirecard Harassment

A short seller who was an early critic of Wirecard accused advisers to the collapsed firm of pursuing a prolonged campaign of surveillance and harassment against him in a bid to prevent the publication of damning reports into the German payments processor, according to a UK lawsuit.

UBS Chief Hamers Gets 11% Pay Increase While Cutting Bonuses

UBS Group AG raised Chief Executive Officer Ralph Hamers’ compensation for last year by 11%, making him one of Europe’s best-paid bank bosses, even as bonuses for the rest of the firm were cut in a challenging period for dealmaking.

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