Credit Suisse is poised to cut more than 10 percent of its European investment bankers this year, having let hundreds of staff go to London and Zurich last month, according to people familiar with the move. The crisis-hit Swiss lender…
This photo shows a critical power infrastructure object on fire after a drone attack on Kyiv, amid Russia’s invasion of Ukraine. Sergei Supinsky AFP Getty Images Russian missile strikes hit critical infrastructure in Kyiv and the eastern city of Kharkiv…
Bruno Mars may want to be a billionaire, but entrepreneur Mark Cuban doesn’t feel the same way. In a CBS “Sunday Morning” interview, Cuban easily denied the billions. When asked if he would be satisfied with 1% of his net…
Frontline dispatches from the besieged city of Donbas depict apocalyptic scenes of destroyed buildings and blood-soaked fields. Despite the military shortage, Ukrainian forces held their ground, inflicting heavy casualties on the Russian enemy, running low on ammunition and weapons –…
The crypto market has been battered this year, with more than $2 trillion removed from its value since its peak in November 2021. Cryptocurrencies have been under pressure after the collapse of the main exchange FTX. Jonathan Rao Nurphoto Getty…
Former Treasury Secretary Larry Summers worries that investors and economists are becoming too optimistic after inflation cooled to 6.5% in December. “One must be careful of a false dawn. If you think about it, the good news is that inflation…
British Prime Minister Rishi Sunak has accused Iran of an “act of cowardice” after the Islamic republic executed an Iranian-British national accused of espionage. Iranian state media said the Islamic regime had hanged Alireza Akbari, who had held various senior…
The Iranian flag flies in front of the UN headquarters in Vienna. Heinz-Peter Bader | Reuters Iran has executed British-Iranian citizen Alireza Akbari, the court’s Mizan news agency reported on Saturday, after sentencing to death Iran’s former deputy defense minister…
The request of the Chief Executive of Tesla Inc. Elon Musk’s order to have his upcoming securities fraud trial moved from San Francisco has been denied by a judge, who defeated a spirited argument that Musk faced a biased jury…
Alibaba has paid academics to lobby Chinese authorities to relax regulations and rehabilitate its reputation as the e-commerce group tries to navigate Beijing’s crackdown on technology. Chinese scholars involved in Alibaba’s lobbying operations have published essays and submitted reports in…