Business

The European Central Bank’s direction toward further easing policy is “clear” as it’s on course to bring inflation to its 2% target sustainably by the summer and economic growth has disappointed, Governing Council member Francois Villeroy de Galhau said.

The parents of FTX co-founder Sam Bankman-Fried are exploring ways to secure a pardon for the onetime crypto billionaire from President Donald Trump, according to a person familiar with the matter.

It’s been a banner year for high-yield municipal bonds, and in particular the category’s star money manager, John Miller, who joined First Eagle Investments in January after nearly three decades at Nuveen.

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A Georgia appeals court disqualified Fulton County District Attorney Fani Willis and her entire office from handling the 2020 election prosecution of President-elect Donald Trump, but will allow the case to continue.

BlackRock Inc. said it’s writing down the value of one of its flagship renewable funds after two key investments for the vehicle collapsed, and it’s enlisting executives from its recently acquired Global Infrastructure Partners business to help turn around performance.

A computer scientist who falsely claims to be the inventor of Bitcoin has been found in contempt of court by a London judge for breaching several orders after a stinging lawsuit loss.

Prime Minister Keir Starmer said he’s not a fan of tariffs, a signal to Donald Trump that his UK government will oppose any move by the president-elect’s incoming US administration to erect trade barriers.

Luigi Mangione, the suspect in the fatal midtown Manhattan shooting of a top UnitedHealth Group Inc. executive, will be extradited to New York to face murder charges after he dropped his opposition to the move in court on Thursday.

Burkina Faso released four French nationals, who were accused of spying and detained for over a year after Morocco intervened, the country’s state news agency said on Thursday.

Investment bankers are urging Toronto-listed companies to buy a business or raise some money as deal volumes in Canada have fallen to their lowest levels in 23 years.

Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better target Moscow’s ability to fund its war against Ukraine, according to people familiar with the matter.

Existing-home sales in the US topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.

Last week’s power price spikes highlight the need for reforms in Europe’s electricity market, Norwegian Prime Minister Jonas Gahr Store said in an interview.