The late Subway founder left a multibillion-dollar donation to a charity run by his sons when he dies in 2021: half of the privately owned sandwich chain. Subway started in 1965 when 17-year-old Fred DeLuca asked Dr. Peter Buck, a…
Chelsea FC spent €329 million in the January transfer window, more than all the top-tier clubs in Italy, Spain, France and Germany combined, a sign of the financial strength of the English Premier League. The deal for Argentina’s World Cup-winning…
Inflation in the euro zone decreased in the last two months of 2022 but economic indicators are still higher than the 2% mandate of the European Central Bank. Jeff Greenberg Universal Image Group | Getty Images Inflation in the euro…
General Motors Co has agreed to invest $650 million in Lithium Americas Corp in a deal that will give GM exclusive access to the first phase of a planned mine near the Nevada-Oregon line with the largest lithium resource in…
Gautam Adani is enlisting several of India’s top tycoons to salvage a $2.4 billion stake sale of its conglomerate after fraud allegations from the seller threatened to torpedo the offering, according to people familiar with the matter. Entities linked to…
A coke factory worker stands next to a coke battery oven at the ArcelorMittal steel plant in Kryvyi Rih, Ukraine, in March 2019. Vincent Mundy Bloomberg Getty Images Expect iron ore exports out of India to remain low as the…
Democracies everywhere are experiencing a crisis of confidence. A poll by global public relations firm Edelman shows that from 2021 to 2023 alone, public trust in government will drop by 12 percentage points to 47 percent in Germany; by 16…
In November, the world’s tallest tower, the Burj Khalifa in Dubai, was lit up in the colors and logo of Standard Chartered. As the bank’s chief executive Bill Winters and chairman José Viñals see, messages such as “together we are…
Europe has been one of the brightest spots in global stock markets this year, with the benchmark Stoxx 600 up around 7% since the start of 2023 – a shade better than the S&P 500’s return of 5% over the…
Twitter Inc fired back at the private jet provider sued over unpaid bills, saying the company overcharged for the social media giant’s marketing chief to fly across the country in October to meet with new owner Elon Musk. Leslie Berland,…