FTSE 100 Hits a Record as British Stocks Finally Stage Comeback
For the first time since 2018, Britain’s blue-chip stocks have closed at an all-time high.
Bloomberg Business
‘Shameful’ Train Strikes Hurt London’s Shops and Restaurants
Shops and restaurants in London suffered another sharp drop in demand on the latest day of strikes by UK train drivers.
Sri Lanka IMF Deal Stalls Amid China-World Bank Relief Split
China said it wanted multilateral lenders to provide debt relief to Sri Lanka as part of a broader restructuring of loans, a demand at odds with other major creditors and likely to slow a pact to unlock International Monetary Fund aid.
Brazil Swap Rates Rise as Lula Amps Up Central Bank Attack
Brazil’s swap rates rose further after President Luiz Inacio Lula da Silva bolstered criticism of the central bank, saying high interest rates are ruining the economy while failing to control inflation.
Credit Suisse’s $100 Billion Data Leak Faces Investigation in Setback for Whistleblowers
Swiss prosecutors are investigating a data leak involving thousands of former Credit Suisse Group AG clients who’d reportedly held $100 billion with the bank, in a case set to further discourage whistleblowing in the secretive country.
Musk Offers to Share Twitter Ad Revenue With Blue Subscribers
Twitter Inc. will start showing ads in the replies to tweets and sharing some of the revenue with the tweet’s writer, according to site owner Elon Musk.
NYC Natural Gas Soars to Highest Since 2003 Amid Bitter Cold
Natural gas prices skyrocketed in New York and Boston as bitter cold descends, boosting demand for the furnace fuel.
More EVs Will Qualify for Tax Credits After US Reverses Course
The Biden administration will allow more crossover SUVs to qualify for the newly-revamped electric vehicle tax credit following lobbying by automakers such as General Motors Co. and Stellantis NV.
Ford Returns to F1 as Racing Series Sees Surge in Popularity
The automaker will reenter in 2026 after a decades-long hiatus.
Activision to Pay $35 Million to SEC After ‘Frat Boy Culture’ Complaints
(Bloomberg) — Activision Blizzard Inc., the video game maker Microsoft Corp. is proposing to buy for $69 billion, settled federal allegations that it failed to put in place controls to properly handle workplace misconduct complaints and disclose them.
