Financial news

Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

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Nick Train keeps faith in wealth manager stocks despite ‘miserable year’

Nick Train, one of the UK’s best-known fund managers, has lamented his “disappointing” and “frustrating” performance this year in what has been a bruising period for investors. Train’s Finsbury Growth & Income Trust, […]

Peter Hargreaves-backed Blue Whale sees profit more than double to £5.6m

Blue Whale Capital, the fund management company backed by billionaire Peter Hargreaves, more than doubled profit during its last financial year on the back of an almost 90% increase in investment management […]

Jeremy Hunt confirms plans to overhaul bank ring-fencing rules

The government has confirmed it will look to loosen the ‘ring-fencing’ rules forcing banks to hive off their investment banking and retail activities. In a statement ahead of what are being dubbed the Edinburgh […]

Credit Suisse completes $2.4bn capital raise amid cost-cutting review

Credit Suisse said on 8 December that it completed its latest rights offering and had put into action around 80% of the cost cuts it planned for 2023, as the bank maintains […]

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST