Apple Inc. has decided against naming a new executive to replace its departing top product designer, marking a stark shift for a company long celebrated for the look and feel of its devices.
Bank of England Governor Andrew Bailey warned UK households that there was still a “long way to go” before the cost-of-living crunch is brought under control.
The European Central Bank lifted interest rates by a half-point, with President Christine Lagarde saying another such move is almost certain next month, despite conceding that the inflation outlook is improving.
President Joe Biden announced Thursday that Brian Deese — his top economic aide, who has helped steer the White House’s top regulatory and legislative efforts — would step down as director of the National Economic Council.
Montreal thrived for years as a bustling property market, tech-company hotspot and an artistic center, with new office and condo towers rising like never before to keep up with demand.
Gautam Adani’s businesses have lost $108 billion in a week, one of the biggest wipeouts in India’s history, after an explosive report by short-seller Hindenburg Research forced him to pull a stock sale at the 11th hour and led some lenders to reject his securities as collateral for client trades.
The Paris Club of creditors formally supports debt restructuring for Sri Lanka, bolstering the bankrupt nation’s efforts to unlock a $2.9 billion bailout from the International Monetary Fund, according to people familiar with the discussions.
President Vladimir Putin warned the US and its allies they can’t defeat Russia, rallying domestic support for his invasion of Ukraine in a speech marking a key victory in World War II.
Zimbabwe’s central bank cut its benchmark interest rate for the first time since becoming the world’s most aggressive monetary authority in June on expectations that a downward trend in inflation will continue.
Deutsche Bank AG is preparing further job cuts to keep costs in check, with the focus likely to be areas outside the trading unit.
