Bloomberg Business

UK Recession Risk Grows as Firms Cut Staff at a Sharp Pace

Britain’s private sector companies shed workers at the fastest pace since the pandemic and the depths of the financial crisis, underscoring the Bank of England’s decision to halt interest rate increases for the first time in almost two years.

Head of $49 Billion PE Firm Accused of Assault by Ex-Partner

Genstar Capital Chairman Jean-Pierre “J-P” Conte was sued by his former longtime girlfriend, who alleges the head of the $49 billion private equity firm assaulted her in the Aspen home they shared and then launched a smear campaign against her.

EU Commission Prepares to Recommend Ukraine Membership Talks

The European Union’s executive arm is preparing to recommend starting membership talks with Ukraine in earnest, offering a boost to Kyiv as it seeks to ensure that allies continue military and financial support.

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