Business News: Global Companies, Markets & Economy

Ares Management headquarters building exterior on a clear day, symbolizing the firm's latest credit fund fundraising milestone.

Ares Secures Largest Flagship Credit Fund Commitments in Three Years

LOS ANGELES – Ares Management Corporation has reported its largest flagship credit fund commitments in three years, with equity commitments from investors...

THAAD interceptor missile in assembly at a defense manufacturing facility

77

Pentagon inks $3B Northrop Grumman, Lockheed Martin deals to quadruple THAAD, triple PAC-3 output

The Pentagon on Monday signed framework agreements with Northrop Grumman and Lockheed Martin aimed at dramatically expanding production of missile-defense interceptors, part...

Bank of England Governor Andrew Bailey speaking at a press conference.

63

Bailey Signals BOE Ready to Adjust Stance as Economic Data Evolves

Bank of England Governor Andrew Bailey signaled on Wednesday that the central bank is prepared to shift its monetary policy stance as...

Foxtons estate agency storefront in London on a cloudy day, with property listings visible in the window.

52

Foxtons cuts costs as buyer caution drives 13% drop in sales revenue

Foxtons Group reported a 13% decline in house sales revenue for the first half of 2025, as buyer caution linked to UK...

NatWest bank branch exterior in London on a sunny morning

64

NatWest Q2 profits jump to £2.3bn, beating forecasts on retail and wealth strength

NatWest Group reported second-quarter pre-tax operating profits of £2.3 billion on Friday, comfortably exceeding analyst expectations of around £2 billion. The UK...

Startup founder meeting with investors in a glass-walled office, tense atmosphere

93

Why VC-backed founders commit fraud: new research points to investor pressure

Startup founders backed by venture capital commit fraud at higher rates than their non-VC counterparts, and the investors funding them deserve part...

Electric vehicle chassis on an assembly line in a modern automotive factory

75

GM and Ford Are Quietly Pivoting Away From EVs — the Earnings Call Data Shows How

Just a few years ago, General Motors and Ford were all-in on electric vehicles, spending billions on new models and promising an...

Aerial view of an oil refinery at sunset, representing Iran's energy infrastructure.

78

US and Israel Reportedly Plan Strikes on Iran’s Energy Infrastructure; Oil Prices Waver

Washington — CBS News reported on Wednesday, citing unnamed US officials, that the United States and Israel are planning potential military strikes...

Young founder working on laptop in a San Francisco startup office

86

Silicon Valley’s Young Founder Boom Comes With a New Kind of Pressure

At 19, Arlan Rakhmetzhanov sees no middle ground: he either builds a company as valuable as Google or ends up on the...

A redesigned London square with climate-resilient features like shaded seating and permeable paving

64

How London’s West End Is Redesigning for a Future of Extreme Heat and Flooding

London’s West End, known for its historic squares and bustling shopping streets, is quietly undergoing a transformation aimed at preparing for a...

StockPil

Business News