Airfares soar as Americans shrug off Covid and inflation to get away
US airlines are poised to raise ticket prices further as Americans shrug off the fastest rise in domestic airfares for decades in their determination...
Saudi Aramco profits surge 82 per cent in first quarter
Saudi Aramco reported its highest quarterly profits since listing its shares in 2019, as the world’s biggest oil exporter capitalised on soaring crude prices...
Live news: North Korea fires suspected ballistic missile in new tests, says Seoul
Live news: North Korea fires suspected ballistic missile in new tests, says Seoul
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Two Fed officials back steady rise in interest rates starting in March
Two top Federal Reserve officials said the US central bank should launch a steady string of interest rate increases beginning in March, in a...
Petrobras doubles down on hydrocarbons as part of $68bn investment plan
Petrobras of Brazil, Latin America’s biggest oil producer, is to boost its capital expenditure to $68bn over the next five years, as the state-controlled...
UK businesses warn of ‘body blow’ from new Covid curbs
Business groups warned that the introduction of vaccine passports for larger venues and a new work-from-home order will be a “body blow” to bars,...
Asia markets slide after Wall Street’s steepest sell-off since 2020
A global equity sell-off hit Asian markets on Tuesday after the steepest one-day fall on Wall Street since 2020 as investors worried about a...
Nomura prepares to launch crypto subsidiary
Nomura is to launch a new company to help institutional clients diversify into cryptocurrency, decentralised finance and non-fungible tokens, despite a recent run of...
Johnson delays plans to ban multibuy deals on unhealthy food
Boris Johnson has shelved plans to ban multibuy deals on unhealthy food in supermarkets after concluding that it would hit British consumers’ wallets during...
TPG’s forthcoming Wall Street debut was decades in the making
At the inaugural home game of the National Hockey League’s Seattle Kraken this October, team co-owner and private equity billionaire David Bonderman looked on...