The latest Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into UK and global markets.

Best Private High School in Every State

While about 90% of all elementary and secondary school students in the United States attend public schools, that still leaves 5.7 million students who are enrolled in private schools across the country. Private schools are subject to less regulation than public schools, and many offer students a more specialized educational experience, including Montessori schools, religious schools, or an all-boys or […]

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Buzbee: Election calls are not magic, they're math

New York (CNN Business)Americans aren’t the only ones obsessed with next Tuesday’s vote. British bettors are wagering a record amount of money on the US presidential election, dwarfing the amount wagered on any sporting event or even their own nation’s politics. As of Wednesday morning, £220 million, or about $284 million, had already been wagered on the Betfair Exchange, said […]

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Sindika Dokolo, Who Sought Return of African Art, Dies at 48

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter Sindika Dokolo, one of Africa’s foremost collectors of contemporary art and the husband of Angolan billionaire Isabel dos Santos, has died. He was 48. Dokolo died in Dubai on Thursday, Patrick Muyaya, a friend and member of Parliament of the Democratic Republic of Congo, said by text […]

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Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors

The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21. Stocks of pharmaceutical and fast moving consumer goods (FMCG) companies found favour with ace investor Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala in the July – September 2020 quarter of the current fiscal (Q2FY21). The duo bought additional […]

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New York Subway’s Pain Could Bring Riches for Bond Investors

You can make a lot of money betting on government bailouts. Swooping in to buy the dirt-cheap stocks and bonds of troubled entities is a time-honored — and profitable — tactic throughout the investing world. When deep-pocketed public saviors come forward, such a wager can pay off handsomely. Given the vital role it plays in the economy of the nation’s […]

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China talks up a future in which it needs collaboration with the U.S. and other countries

In a high-level press conference Friday, central government officials emphasized the need for other countries to collaborate with China, amid rising global uncertainty from the coronavirus pandemic and protectionism. "Decoupling is basically not realistic, and there's no benefit for China or the U.S., or the entire world," said Han Wenxiu, deputy director overseeing daily work at the Office of the […]

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China Focuses on Building Its Own Core Tech as U.S. Curbs Supply

China said it needs to build its own core technology because it can’t rely on buying it from elsewhere, as the Communist Party laid out plans for greater economic self-sufficiency. Outlining details of its new five-year economic plan, senior party officials said Friday the nation would accelerate development of the kind of technology needed to spur the next stage of […]

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EXCLUSIVE: Danielle Bernstein Partners With Showfields for Curated Shop Featuring Small Businesses

Danielle Bernstein has found a new platform — New York City’s Showfields.  The fashion-influencer-turned-entrepreneur, who has 2.5 million followers on Instagram, has partnered with the 14,000-square-foot retail space on Manhattan’s Bond Street for a curated market featuring some of her favorite indie brands. Seventeen brands to be exact, a combination of fashion, beauty and design, all small businesses.  “They’re all […]

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