EconomyUK not ‘closed for business’ after Microsoft-Activision deal blocked, CMA insistsMay 19, 202356Activision is one of the biggest gaming companies in the world and owns titles including Call of Duty, World of...
MoneyRon DeSantis bans Florida colleges from spending money on diversity teachingMay 16, 202357Florida governor Ron DeSantis has signed a law banning state-run colleges from spending money on diversity, equity and inclusion programmes.Mr...
BankingWhy the world should fear a commercial property crashMay 14, 202374Since 2020 we have been living with the whole Working From Home (WFH) phenomenon. This has had opposite effects on...
MoneyHow China came to dominate the black market for money launderingMay 14, 202394Under China’s currency controls, people cannot send the equivalent of more than $50,000 abroad per year. As a result, elites...
BankingUS inflation falls as UK left further behindMay 10, 202379Banking turmoil in the US sent customers racing to withdraw their deposits - but going by the numbers it was...
EconomyA Lib Dem-Labour coalition would spell disaster for the UK economyMay 9, 202364It is true that we cannot read too much into local election outcomes. When voters go to the polls in 18 months' time,...
FinanceUS faces ‘chaos’ if debt ceiling not raised, warns YellenMay 7, 202375The Republican-led House of Representatives voted in April to lift the borrowing limit, but only if President Biden commits to...
BankingEurope’s credit crunch will be the next chapter of this banking crisisMay 5, 202343To which one can only retort: thank heavens for that.If anything does go wrong – and there is a high...
BankingFed raises US interest rate to 16-year high despite banking crisisMay 3, 202353Rich buyers continue to snap up high-end sports cars despite soaring inflation and an uncertain economy, industry editor Howard Mustoe...
BankingHalf of America’s banks are potentially insolvent – this is how a credit crunch beginsMay 2, 202355First Republic lends to technology start-ups, but it chiefly came unstuck on commercial real estate. It will not be the...