China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan

By Samuel Indyk and Rae Wee LONDON The pound was on track for its biggest one-day gain in

Top sports officials including New England Patriots owner Jonathan Kraft joined with Massachusetts Gov. Maura Healey and others to celebrate the state’s participation in the 2026 World Cup on Thursday and to help unveil Boston Soccer 2026’s local branding efforts

Oil bulls that piled into bets on rising crude prices stand to get burned after the market plunged

Nonprofits and volunteers in Maui have cobbled together countless improvised and urgent solutions since the deadliest wildfire in over a century hit their community

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Jun 9, 2023--

By Suban Abdulla LONDON Britain's housing market showed signs of a slowdown in June and property surveyors expect

Tottenham owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme. “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Mr Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. “That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” Lewis, 86, is the founder and primary investor of Bahamas-based investment firm Tavistock Group. He bought a controlling stake in the Premier League club from Lord Sugar in 2001 for £22million.

DUBAI Saudi defence company SCOPA Industries and Airbus have signed an agreement to jointly produce civil and military

Rising rents for space in London’s West End helped offset the impact of soaring interest rates for landlord

By Giulio Piovaccari MILAN Stellantis CEO Carlos Tavares said a production target of one million vehicles in Italy

HANOI, Vietnam--(BUSINESS WIRE)--May 11, 2023--