Bank of America Corp created a new group in its global wealth and investment management division to focus on lending to rich clients, the company told Reuters on Monday.

Charles will also receive the annual Sovereign Grant from the UK Treasury, which is set at 15 percent of the profits from the Crown Estate, and which the monarch surrenders to the government under a deal dating back to 1760.

Australian house prices will fall sharply this year and next as rising mortgage rates and cost of living pressures drag on demand, a Reuters poll found, but for many people buying a home will still remain far out of reach.

Fund managers are cutting their holdings in Chinese property bonds by half or even more as the sector lurches from crisis to crisis and blows a deep hole in asset managers' performance.

The display cutout of the iPhone 14 Pro will reportedly show the camera and microphone indicators at the same time.

The surge in British house prices will come to an end next year as the cost of living crisis and rising borrowing costs put the brakes on what has been a buoyant market for years, a Reuters poll found.

British households' expectations for average inflation over the next five to 10 years hit a record-high 4.8% in August, more than double the Bank of England's 2% inflation target, a monthly survey from YouGov and U.S.

When President Tayyip Erdogan's son-in-law suddenly quit as finance minister in late 2020, four staff in Turkey's leading newsrooms said they received a clear direction from their managers: don't report this until the government says so.

Prince William reportedly got "angry" after Prince Harry and Meghan Markle announced their decision to step down as senior royals.

European shares dropped on Monday, while bond yields surged as comments from central bank policymakers heightened fears of aggressive measures to stamp out inflation amid rising risks of a recession.

Ever since Exxon Mobil found vast deposits of oil off Guyana's coastline in 2015, government leaders have pledged that black gold would transform the fortunes of one of South America's poorest countries.

Pope Francis on Tuesday acted to eliminate wiggle room or foot- dragging by Vatican departments in imposing tighter financial controls, setting a deadline for the closing of investment portfolios in foreign banks, including in Italy.

Top court upholds Malaysia ex-PM Najib's jail sentence in 1MDB scandal

Trump executive pleads guilty to tax fraud, will testify at upcoming trial

Malaysia prosecutors urge court to uphold ex-leader Najib's jail sentence

A longtime senior executive at former President Donald Trump's family business is expected to plead guilty on Thursday to conspiring with the company in a 15-year tax fraud.

Norway's sovereign wealth fund, the world's largest, made a loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022, it said on Wednesday, as stocks and bonds were hit by global recession fears and rampant price inflation.

The 96-year-old monarch has pulled out of several royal engagements because of problems with her mobility.

Investing in alternative assets could offer portfolio protection from uncertain and volatile markets.

US inflation eased slightly in July.

The 40-year-old former British rugby star, Ricky Bibey, died while brutally beating his girlfriend in their hotel room in Florence in the early hours of July 16

The UK housing market downturn that started in the 1980s saw prices fall in absolute terms for the first (recorded) time, and this continued until 1994.

China's wobbly economy stumbled further at the start of the second half of the year, with factories unexpectedly switching back to the slow lane.

Australian home prices slid for a third month in July and the pace quickened as Sydney suffered its worst decline in almost 40 years amid rising borrowing costs and a cost-of-living crisis.

Yang Huiyan, the richest woman in Asia, has lost more than half of her wealth due to the ongoing property market crisis in China.

The MLS side wants to bring Europe's best players to the United States.

China urges banks to support property sector after mortgage boycott

Australia and New Zealand Banking Group is buying the banking arm of insurer Suncorp Group for A$4.9 billion ($3.33 billion), as the smallest of Australia's major lenders seeks to revive growth at home after falling behind rivals.

Alongside the rise of entrepreneurs today are intrepreneurs.

As contemporary society continues to revolve around the development of new technology, conventional career paths are beginning to shift in turn.