Category: Economy

Three of the four suspects arrested in a Belgian probe into corruption and money laundering at the European parliament remain in custody, while a fourth has been released with an...

China’s insurance industry has slammed the brakes on selling low-cost policies that cover Covid-19 infections, as it tries to avoid huge payouts and disputes from an oncoming wave of cases...

For Hong Kong, the timing of the FTX collapse could hardly have been worse. Just weeks ago, the city underlined its ambitions to be Asia’s premier crypto hub with a...

Chancellor Jeremy Hunt is exploring plans to keep providing all British businesses with help for their energy bills once winter has passed, in what would be a break with current...

Goldman Sachs is considering shrinking the bonus pool for its more than 3,000 investment bankers by at least 40 per cent this year, as chief executive David Solomon tries to...

Wealthy nations have offered Vietnam a $15.5bn package to help pay for its move from coal to renewable energy, the latest in a total of $44bn in deals aimed at...

Writer Douglas Adams said he loved the whooshing noise deadlines made as they sailed past. Not so buyout groups.For the first time in ages, private equity firms are having trouble...

EY’s global boss Carmine Di Sibio will run the firm’s spun-out consulting business if partners vote in favour of a plan to break up the Big Four accounting group.The audit-led...

Muddy Waters has revealed a short position against a €4bn European property company, accusing its top shareholders of using “bond sale proceeds to unduly enrich themselves” and inflating the true...

The UK’s competition watchdog is probing whether drugmakers are charging excessive prices for antibiotics, after an unexpected rise in cases of Group A Streptococcus pushed up demand.The Competition and Markets...