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News

  • Friday, 11 October, 2024
    Corporate bonds
    Debt investors resigned to backing private equity dividend recaps

    Fund managers wary of extra leveraged loans loaded on to companies but find few other attractive investments

    new
    Belron’s Autoglass workshop in Aylesbury, England
  • Friday, 11 October, 2024
    Chinese equities
    ‘Cutting leeks’: Beijing sparks a retail stock trading frenzy

    Small investors have piled into Chinese equity markets but many have already been burnt by wild price swings

    new
    An investor looks at a screen showing stock market movements at a securities company in Hangzhou, in eastern China’s Zhejiang province
  • Friday, 11 October, 2024
    US presidential election 2024
    Barack Obama says Black men’s support for Trump is ‘not acceptable’

    Former president chides ‘brothers’ for not backing Kamala Harris

    1 hour ago
    Barack Obama speaking at a campaign eveny for Kamala Harris
  • Thursday, 10 October, 2024
    Hurricanes
    Florida surveys wreckage left by Hurricane Milton

    City of Tampa avoids worst of the storm but 10 people killed and left millions of residents without power

    3 hours ago
    A water rescue boat moves in floodwaters at an apartment complex in the aftermath of hurricane Milton in Clearwater, Florida
  • Thursday, 10 October, 2024
    UK Autumn Budget 2024
    UK executives dump shares on fears of Labour capital gains tax raid

    Public filings show disposals have doubled in wake of election and ahead of crunch Budget

    Rachel Reeves, City skyline and bar charts
  • Thursday, 10 October, 2024
    Stellantis
    Stellantis unveils management shake-up at global car brands

    Chief executive Carlos Tavares seeks to turn fortunes around amid falling profits, production issues and fights over EVs

    Carlos Tavares, left, at a Peugeot plant in France
  • Thursday, 10 October, 2024
    Breaking news in brief
    China equities dip in early trading ahead of finance ministry announcement
    Live
  • Thursday, 10 October, 2024
    Sanofi SA
    CD&R beats rivals in pursuit of €15.5bn Sanofi consumer health unit

    US private equity group nears deal for pharma spin-off after edging out PAI-led consortium

    Sanofi logo
  • Thursday, 10 October, 2024
    US inflation
    US inflation fell to 2.4% in September

    Figures for headline and core rates marginally surpass expectations

    Line chart showing US inflation over the past five years
  • Thursday, 10 October, 2024
    Middle East war
    UN says peacekeepers wounded by Israeli fire

    International troops come under attack in Lebanon as Israel launches strikes on Beirut

    UN peacekeepers in military gear stand next to Lebanese Military Police personnel. They are co-ordinating their patrol beside a UN armored vehicle and a Lebanese police truck.
  • Thursday, 10 October, 2024
    Middle East war
    Iran warns of potential change in nuclear doctrine if Israel targets facilities

    Senior adviser to Ayatollah Ali Khamenei says any attack could ‘have an impact’ on Tehran’s calculations

    Satellite image of Iran’s Natanz nuclear site
  • Thursday, 10 October, 2024
    TD Bank
    TD Bank to pay $3bn in US case over money laundering lapses

    Prosecutors say Canadian lender failed to remedy ‘long-term, pervasive and systemic deficiencies’ because of cost controls

    The TD Bank logo on a building
  • Thursday, 10 October, 2024
    UK employment
    Labour’s workers’ rights bill: a ‘sea change’ for UK employment?

    Ministers claim the reforms are ‘pro-business’ but companies remain uneasy over the effect on hiring and costs

  • Thursday, 10 October, 2024
    Breaking news in brief
    News updates from October 10: US inflation fell to 2.4% in September; TD Bank to pay $3bn to US over money-laundering lapses
  • Thursday, 10 October, 2024
    French economy
    French PM Michel Barnier unveils shock therapy in 2025 budget

    Minority government bets on mix of spending cuts alongside tax rises on companies and the wealthy

    Prime Minister Michel Barnier arrives for a weekly cabinet meeting at the Élysée Palace in Paris on Thursday, October 10
  • Thursday, 10 October, 2024
    UK politics
    Ex-Darktrace head Poppy Gustafsson named UK investment minister

    Appointment comes ahead of international investment summit

    Darktrace co-founder Poppy Gustafsson
  • Thursday, 10 October, 2024
    Advanced Micro Devices Inc
    AMD rolls out new AI chip to rival Nvidia

    Chief executive Lisa Su believes Silicon Valley group is closing the performance gap with its larger competitor

    Lisa Su
  • Thursday, 10 October, 2024
    UK Autumn Budget 2024
    Reeves weighs capital gains tax increase to help plug UK’s Budget gap

    Treasury models impact of changes, but rules out ‘exit tax’ on those who leave Britain to avoid being hit

    Rachel Reeves
  • Thursday, 10 October, 2024
    UK companies
    THG shareholders have to pay for (maybe) getting rid of Ingenuity

    Disposal? Negative

  • Thursday, 10 October, 2024
    Fintech
    Former UBS chief Ralph Hamers joins AI wealth management start-up

    Dutchman to become external senior adviser to Arta Finance, venture founded by former Google employees

    Ralph Hamers
  • Thursday, 10 October, 2024
    Private equity
    Private equity groups’ assets struggling under hefty debt loads, Moody’s says

    Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says

    Apollo Global Management signage in New York
  • Thursday, 10 October, 2024
    GSK PLC
    GSK shares jump after drugmaker reaches $2.2bn Zantac settlement

    Agreement over heartburn medicine should help to resolve concerns hanging over UK drugmaker

    Packages of Zantac
  • Thursday, 10 October, 2024
    UK mortgage rates
    Cheapest UK mortgage deals hit by rise in government borrowing costs

    Barclays pulls best-priced home loan rate with other lenders set to follow suit

    Skyline of Denmark Hill and City of London behind
  • Thursday, 10 October, 2024
    Lebanon
    Lebanon’s battered bonds defy deepening conflict to stage rally

    Traders speculate that weaker Hizbollah is the first step to resolving long-running default

    A plane takes off from Beirut with smoking buildings in the foreground
  • Thursday, 10 October, 2024
    Visual Arts
    Frieze London ‘more buoyant than expected’ in risk-averse climate

    Eric Clapton’s de Kooning sells for £3.5mn at Christie’s; Hockney fetches £13.2mn at Sotheby’s

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