Business

Tribute paid to co-founder of John Pye auction house

A statement issued by the firm said "John lived a fantastic life full of laughter and hard work".…

Omers Returns 4.8% in 2026, Fueled by Stocks and US Dollar

Ontario Municipal Employees Retirement System returned 4.8% in the first half of the year, gaining C$6.9 billion ($5 bil…

Don't See Evidence That US is on 'Back Heels' Against Iran, Says Megan Ortagus

Morgan Ortagus, a former deputy presidential special envoy, said she doesn't see proof of the narrative that the US is o…

Severe Storms Hit Chicago, Disrupt Hundreds of US Flights

Severe thunderstorms raked Chicago and the US Midwest on Tuesday, triggering tornado warnings and disrupting hundreds of…

Activist Anson Funds Pushes Lionsgate for Sale, Semafor Says

Activist investor Anson Funds Management is urging Lionsgate Studio Corp. to put itself up for sale, Semafor reported, a…

'I started in my 20s and made £8,000': Why women are often better investors than men

Women can make higher returns but only about a quarter of UK women have investments, compared with about 40% of men.…

Trump Media reports $238m loss as crypto falls

The firm says it will refocus on its social media mission, which includes a controversial service that sells faster acce…

Nvidia gets $500bn from major banks to develop AI data centres

The money will be used to develop new data centres to house, operate, and cool miles of stacked computer chips that proc…

Councils to get more powers to stop vape and betting shops, PM announces

Prime Minister Andy Burnham said town centres had been "hollowed out" by decades of decline.…

AI Stock Heavy ETF Risks Spread to Broader Equity Market

A growing share of equity leverage is riding on the same AI names, many of which have seen historic swings.…

IBM to Raise C$2.75 Billion in First Canada Bond Sale Since 2012

International Business Machines Corp. is selling C$2.75 billion ($1.97 billion) of Canadian corporate bonds, building on…

Wheat Climbs With USDA Seen Tightening Global Grain Supply

Wheat was higher as traders braced for the US Department of Agriculture’s monthly supply demand report that’s expected t…

Europe Gas Prices Surge as Hormuz Deal Prospects Remain Murky

European natural gas prices jumped as discussions between Iran and Oman to reopen the Strait of Hormuz failed to convinc…

Barrick Chairman's Planned Overhaul Meets Investor Backlash

John Thornton appeared ready last year to step down as chairman of Barrick Mining Corp. after a turbulent 12-year tenure…

It's Not Time to Raise Rates, Says State Street's Hung

State Street Investment Management President and CEO Yie-Hsin Hung says gold and private markets are anchoring many port…

Italy Fines Utility €5 Million on 2022 Power Market Manipulation

Italy’s energy regulator fined A2A SpA €5 million ($5.8 million) for market manipulation dating back to Europe’s energy …

Inside Businessweek's Screentime Issue

Brad Stone gives a sneak peek at Businessweek's annual Screentime issue (Source: Bloomberg)…

Thames Water gave finance boss a £1m signing-on fee

The seven-figure payment was given to Steve Buck as part of package to persuade him to join the troubled utility company…

NYT CEO Meredith Kopit Levien on Running a Media Brand in the Age of AI

The Times is no longer just a newspaper.…

Odd Lots: NYT’s CEO on Media Brands in the Age of AI (Podcast)

In the last decade, the New York Times has remade itself many times over. It has done that through acquisitions — The At…

Burnham brings forward ban on 'subscription traps' to ease cost of living

The prime minister is embarking on a UK tour with a series of announcements aimed at easing living costs.…

Bohl: Iran Won’t Succumb to Trump’s Pressure Campaign (Video)

Iran Shakes Up Security Team Claiming Oman Deal ‘Close’ (Video)

You could be missing out on £150 off your energy bill - here's how to check

Some people need to ensure they are named on their energy bill before the deadline to qualify for help.…