Andrew Formica, the chief executive officer of Jupiter Fund Management Plc, suddenly announced he's leaving the £55.3 billion ($67.9 billion) asset manager he joined in 2019.
The European Central Bank should consider an initial increase in interest rates above the planned quarter-point hike if there are signs that high inflation readings are feeding expectations, according to Governing Council member Martins Kazaks.
The UK auto industry urged the government to help soften the blow of surging energy costs as carmakers try to transition to producing zero-emissions vehicles.
Michelin is considering a transfer of its Russian operations to local management by the end of the year, the latest global manufacturer to pull out of the country due to the war in Ukraine.
Online education provider Byju's, India's most valuable startup, is pushing back payments for an approximately $1 billion acquisition struck last year, according to people familiar with the matter.
European natural gas prices fluctuated, with traders weighing the return of flows via Turkey against the risk of a further deterioration in supplies to the continent.
Toshiba Corp. shareholders elected representatives of two vocal activist hedge funds to the board in a contentious meeting, bringing the scandal-tainted industrial giant a step closer to possible privatization.
Brooklyn: The op-ed on New York's energy future that ran on June 16 ("The right way to bring down New Yorkers' electric bills") is correct that we must ensure affordable, reliable service for New Yorkers while meeting the threat of climate change. .. ...
The civil justice system was originally designed to help injured people receive compensation for property damage and medical bills and to require the party who caused the damage to pay that compensation. But once the corrosive power of large sums of ...