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Top Goldman executive to leave in blow to asset management ambitions
Exit comes as David Solomon tries to diversify away from trading and dealmaking
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US to provide Taiwan with weapons from its stockpiles for first time
Biden administration is concerned about Chinese military activity in the region
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Ukraine fires North Korean rockets to blast Russian positions
Artillery crews are pounding Putin’s invasion forces with Pyongyang-made munitions that can ‘do crazy things’
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Hermès bucks US luxury slowdown as sales soar 22%
French group helped by strong performance in North America in contrast with rival LVMH
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Travellers hit the skies even as ticket prices and temperatures soar
Companies rely on ‘resilient consumer’ as post-pandemic cross-border spending jumps
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UK wine and spirit producers braced for new post-Brexit alcohol duty
Suppliers and makers warn system beginning on August 1 will hit sales of stronger drinks
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What next for UK house prices?
With mortgage rates predicted to stay high until mid-2024, buyers are lowering offers or pulling
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EU’s top regulator says region’s banks are ‘robust’
Just 3 lenders would fall below minimum capital requirements under most severe economic conditions, EBA




