President Vladimir Putin said Russia has “no limitations” on military spending for the war in Ukraine, as he urged the army to deliver on his declared goals with the invasion approaching its 11th month.
AMC Entertainment Holdings Inc. disclosed that it had held talks to acquire US and European assets of Cineworld Group Plc, as part of the latter theater chain’s bankruptcy proceedings.
German Finance Minister Christian Lindner urged Joe Biden’s administration to apply the principles of “friendshoring” to a recent package of green subsidies that has threatened to trigger a trade war between the US and the European Union.
Ivanhoe Mines Ltd. confirmed a business relationship with a presidential aide who was arrested in a corruption case in Democratic Republic of Congo, where the firm controls one of the world’s biggest copper deposits.
Hennes & Mauritz AB has halted sales of its Justin Bieber collection, after the singer accused the retailer of selling clothes depicting him without his consent.
Ghana was cut to default by S&P Global Ratings after the government suspended debt payments, a move that complicates the planned debt restructuring meant to unlock a bailout by the International Monetary Fund.
Deutsche Lufthansa AG’s plans to retroactively pay out manager bonuses contravene agreements made with the government as part of the airline’s rescue package, according to Chancellor Olaf Scholz’s chief spokesman.
Grayscale Investments’ proposal to buy out certain holders of its flagship Bitcoin trust is the money manager’s latest bid to stanch losses in a fund that’s been a linchpin in the dramatic rise and fall of the cryptocurrency universe.
Consecutive down years are rare for US stocks, so after this year’s drop, there’s only a low probability they will decline again in 2023. Yet if they do, history shows that investors will have to brace for another very unpleasant 12 months.
The UK will pay as much as £4.5 billion ($5.5 billion) to help fund the takeover of collapsed energy supplier Bulb by rival Octopus Energy.
