Congress fell short of slapping a 32% tax on lenders bankrolling lawsuits. Even if it happened, funds like Burford Capital ...

Shares in drinks groups Diageo and Pernod Ricard have drooped more than 50% since the post-pandemic peak. Yet investors have ...

Buoyant markets may reflect hopes that Trump will always chicken out of imposing harsh tariffs. Yet the US president is now ...

Britain’s biggest energy supplier is eyeing a high-voltage valuation. Octopus Energy is preparing to sell a stake in Kraken, ...

Beijing’s chokehold on rare earths stalled the US trade war. Even Nevada-based MP Materials, which went public via shell ...

Authorities may bar citizens from holding cash in offshore deposits with lock-ups. Their worries about abuse of a scheme ...

The Italian company behind Nutella is acquiring the Froot Loops maker for $3 bln. Kellogg’s weak profits and a lack of synergies imply a meagre return for the buyer. But Ferrero investment allows the ...

The $46 bln UK lender’s dealmaking unit beat expectations in the third quarter, helped by booming debt underwriting. A depressed share price shows CEO C.S. Venkatakrishnan’s turnaround has a long way ...

The $6 bln advertising group has appointed Microsoft executive Cindy Rose as its next boss. Given the disruption Big Tech ...

The rise of AI, robots and battery-powered cars has snapped a decade-plus lull in electricity demand. Yet a new spending law ...