French Finance Minister Bruno Le Maire urged the European Central Bank not to raise interest rates again, joining a cohort of politicians reacting to Thursday’s hike in borrowing costs.
Gasoline prices have surged to a record high for this time of year in the US, jeopardizing the fight against inflation that’s dogged President Joe Biden.
The executive driving the turnround of Burberry Group Plc said tourists are spending more on luxury goods in mainland Europe than the UK following the loss of tax-free shopping for visitors to Britain.
It promised to be a good year for airlines with travel demand returning and the Covid pandemic fading into the horizon. What no one saw coming was the industry’s original nemesis making a big comeback.
777 Partners LLC has agreed to buy Everton FC in a deal that will add another US investment firm to the growing ranks of owners in the world’s richest football league.
Saudi Arabia plans to raise $11 billion from a syndicated loan — in what would be the biggest financing deal in Europe, the Middle East and Africa this year — as the kingdom seeks to finance its ambitious investment plans.
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in the oil-rich emirate.
Arm Holdings Plc’s highly-anticipated trading debut caught the attention of retail traders.
Walt Disney Co. has now fielded at least one offer for its ABC TV network, local stations and some cable channels, and more may come as the company seeks to shed what it considers non-core assets and focus on streaming.
San Diego International is joining the parade of airports getting an upgrade, bringing a little life to a once-busy sector of the slowing municipal-bond market.
