America’s largest owner of local sports channels is heading toward a complex $8.6 billion debt restructuring in bankruptcy court as it stakes its future on a new direct-to-consumer streaming service.
Jaguar Land Rover returned to profit after improved availability of semiconductors boosted output of high-end new models.
UK Prime Minister Rishi Sunak stood by Nadhim Zahawi, allowing the Conservative Party Chairman to stay in post while an investigation is carried out into his tax affairs.
(Bloomberg) — The Bank of England has agreed a 3.5% pay rise for its 5,000 staff and a one-off 1% salary top-up this year under a sub-inflation deal that has been accepted by the union.
India and Egypt elevated their relationship to a strategic partnership and agreed to substantially increase bilateral trade as the South Asian nation looks for new markets, including for its military hardware.
The Frenchman charged in the US with defrauding buyers of his “Mutant Ape Planet” non-fungible tokens out of more than $2.9 million in cryptocurrency has hired Bernard Madoff’s lead criminal defense lawyer.
ASML Holding NV Chief Executive Officer Peter Wennink warned excessive control measures could lead to higher costs for chipmakers, as the US asks allies from Japan to the Netherlands to help limit China’s access to critical semiconductor technologies.
The economy is headed for a downturn at a time stocks are rallying, setting the stage for a selloff, according to JPMorgan Chase & Co.’s Marko Kolanovic.
The meltdown at Brazilian retailer Americanas SA is proving a boon to MercadoLibre Inc.’s stock price, which is poised for its best January since the company went public in 2007.
Pope Francis is calling for a change in the Catholic Church’s approach to homosexuality, saying that bishops in particular must be welcoming and show respect.
