Investing

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseThe Biden administration has set out its latest plans to curb the modernisation of China’s military with a new regulation restricting US investment in Chinese cutting-edge technology.The Treasury on Friday released proposals for a new rule designed to implement an executive order that President Joe Biden signed last year. The regulation — which could be amended following a six-week public comment period — is aimed at restricting the flow...

US shareholder lawsuits have led to billions of dollars in payouts. Now investors stung by UK stock price drops are increasingly turning to litigation.Institutional investors in Serco this week reached a settlement with the outsourcing company over a contract overcharging scandal that prompted a plunge in its shares, in the first case of its kind to go to trial in England. Similar lawsuits are piling up in the High Court against other London-listed companies including Glencore, Standard Chartered and Barclays.Keith Thomas, head of securities litigation at law firm Stewarts, said...