Chesnara will buy HSBC's UK life insurance arm for £260M in cash as HSBC streamlines under CEO Elhedery to boost returns, the firms said Thursday.
Europe's top asset manager warns the US GENIUS Act may fuel a dollar stablecoin boom, risking global payment disruptions and shifting money flows.
U.S. clears GE to resume jet engine shipments to China's COMAC, easing trade tensions as both sides lift export curbs on tech and rare earths.
UK ministers eye possible crackdown as 62 Vodafone franchisees sue for £120M, alleging unfair cuts that left them in debt and enriched Vodafone.
German industrial orders fell 1.4% in May, far worse than the 0.1% drop forecast, due to a one-off effect, official data showed Friday.
U.S. added 147K jobs in June, jobless rate dipped to 4.1%. Solid labor market may let Fed delay rate cuts to September. May jobs revised up to 144K.
Trump's big tax bill cleared a key House step after overnight drama. The Senate passed it with VP Vance's tie-break. Final House vote expected by Friday.
Santander will buy TSB for £2.65B to strengthen its UK position, after recently weighing an exit from Britain amid years of underperformance.
Tesla's China EV sales hit 61,000 in June, up 3.7% YoY and jumping 59% from May, Tesla China reported Thursday.
Microsoft will cut nearly 4% of its 228,000 staff to curb costs amid big AI spending, after already laying off ~6,000 in May.
Kenya plans IPOs to privatize state assets, starting with Kenya Pipeline on the Nairobi exchange this year, President Ruto told the London Stock Exchange.
UK house prices fell 0.8% in June, the biggest drop since Feb 2023, after tax breaks ended. Demand may rebound over summer despite economic worries.
Nissan recalls 443,899 U.S. vehicles over engine defects that may cause failure and raise crash risk, per U.S. auto safety agency.
Australia's retail sales stalled in May for a 4th month as food sales fell, boosting chances of an RBA rate cut and dimming hopes for stronger consumption.
Paramount settles Trump's suit over a CBS interview for $16M, funds to go to his future library; no apology given. Trump had sought up to $20B in damages.
ABB launches three new robot lines in China to tap growing automation demand, targeting electronics, food, and metals sectors for tasks like polishing, placing.
Senate GOP passes Trump's tax and spending bill, slashing taxes, cutting social programs, raising military spending, adding $3.3T debt; heads to House.
Bolivia's crypto transactions surged 530%, hitting $294M in H1 2025 vs. $46.5M in H1 2024.
Japan won't compromise its farm sector in U.S. tariff talks, its top negotiator said, after Trump criticized Japan for not buying American rice.
Tesla's sales dropped for the 6th month in Sweden & Denmark. In Sweden, June registrations plunged 64.4% YoY, highlighting rising competition & Musk backlash.
U.S. Secretary of State Rubio meets Australian, Indian, Japanese counterparts to strengthen ties against China despite trade tensions.
Renault to book €9.5B ($11.2B) loss on Nissan stake in H1 after changing accounting method according to the French carmaker.
Equinor and partners approve $1.29B expansion of Johan Sverdrup, western Europe's largest oilfield, boosting output.
1MDB liquidators sue Standard Chartered in Singapore, alleging it aided fraud causing $2.7B losses, as part of efforts to recover stolen 1MDB funds.