Business

In This Issues

BP Sells Majority Stake in Castrol to US Investment Firm for $6 Billion

BP has agreed to sell a 65% stake in its motor oil division Castrol to New York-based investment firm Stonepeak…

UK Government Raises Threshold for Inherited Farmland Tax After Protests

The UK government has raised the threshold for a proposed inheritance tax on farmland, increasing it from £1 million to…

US Economy Grows Faster Than Expected in Third Quarter, but Momentum Shows Signs of Slowing

The US economy expanded at a faster-than-anticipated pace in the third quarter, fueled by strong consumer spending, though growth momentum…

Italy Fines Apple €98 Million Over App Store Tracking Rules

Italy’s competition authority has imposed a €98 million fine on Apple, Apple Distribution International, and Apple Italia for exploiting its…