Billionaires’ wealth falls for first time since 2015
The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile...
Trade war caution takes edge off stellar rally in world stocks
Uncertainty about the fate of U.S./China trade talks nudged world stock markets off 21-month highs on Friday after what has proved to be stellar week...
Scottish Nationalists float Labour alliance in return for independence vote
Scottish Nationalists will seek to form “a progressive alliance” with the opposition Labour Party if an election next month results in no one winning an...
Scottish kingmakers in UK election? SNP will support ‘progressive politics’
Scottish nationalists said on Friday they would support ‘progressive politics’ if the election threw up a hung parliament and refused to rule out propping up...
Australia in ‘unchartered territory’ amid bushfire crisis
Towns were evacuated and hundreds of residents told to flee on Friday as a record number of emergency-level bushfires raged across two Australian states. Emer...
Japan’s Sakurajima volcano erupts in miles-high plume of ash: Kyodo
Japan’s Sakurajima volcano shot smoke and ash miles into the sky on Friday in its biggest eruption in more than three years, Kyodo News reported....
Merged PSA and Fiat would retain all brands: Tavares
Peugeot maker PSA Group and Fiat Chrysler would retain all of their car brands if their planned $50 billion merger goes ahead, the would-be chief...
Old Navy spin-off in doubt after Gap’s Peck departs: analysts
Shares of Gap Inc fell nearly 10% on Friday, as the surprise departure of Chief Executive Officer Art Peck and persistent declining sales, threw the...
Wall Street Weekahead: Small-cap shares poised to benefit from shift to value
Beleaguered shares of small U.S. companies are set for a bump in performance as value stocks have risen, market analysts say, but small caps could...
China’s top chip maker urges U.S. firms to help ease tensions
The head of China’s top state-run semiconductor maker, Tsinghua Unigroup Ltd, called on U.S. companies to “do better” in efforts to overcome China-U.S. tech tensions...