Developers are converting offices in Manhattan into apartments at the highest rate in almost two decades as they turn to underused buildings to help plug demand for housing in New York City.

But the general feeling was that most governments struggle to find their feet and that Keir Starmer could turn things around. This year, the mood is a lot better — but the long-term prognosis is worse ...

Reeves will use her speech to the Labour conference in Liverpool to claim that Farage would go on a borrowing spree, disrupt the labour market and rip up an EU-UK trade deal. On Sunday, Starmer urged ...

Setting out the changes, AstraZeneca said that over time it had “adapted to a rapidly changing and dynamic industry environment, including diversifying its access paths to capital markets,” and that ...

Moldovan President Maia Sandu’s pro-EU party led with slightly more than 50 per cent of the vote after almost all ballots had been counted by Monday morning, in a parliamentary election seen as ...

Emma Walmsley, the chief executive of GSK plans to step down at the end of the year, after eight years where she struggled to win investor confidence for her efforts to reinvigorate the UK drugmaker.

Core PCE inflation got just a touch cooler, on a month-over-month basis, in August. But the trend is still basically sideways, at a level about a percentage point above the Fed’s 2 per cent target.

Pay for top trading talent is on the up. Izzy Englander’s Millennium Management agreed to a $100mn pay packet to entice Steve Schurr, a senior portfolio manager at Balyasny, to join the firm earlier ...

Singapore denied entry to Nathan Law, one of the student leaders of the 2014 pro-democracy Umbrella Movement in Hong Kong, after he arrived in the city state on Saturday to attend a conference.

Also in today’s newsletter, New York mayor Eric Adams abandons re-election bid, and Russian air attack pounds Ukraine ...

First Brands Group has filed for bankruptcy protection in one of the most spectacular collapses in private debt markets in recent years.

The deeper issue between Labour and business is trust. Corporate leaders know reputations are easily lost when words outpace ...