For a company that prides itself on purpose, Unilever Plc has lacked a sense of direction for several years and shareholders, including feared activist Nelson Peltz, want new Chief Executive Officer Hein Schumacher to fix it.

UK economists are urging the Bank of England to halt sales of long-dated government bonds under so-called quantitative tightening after a collapse in bond prices threatened to lock in billions of pounds of losses for taxpayers.

The incoming first female head of Germany’s most powerful labor union IG Metall is warning Elon Musk about efforts to avoid unionization at his Tesla Inc. factory near Berlin.

There was a celebratory mood inside the Labour Party’s London headquarters on Friday, buoyed by two huge by-election victories that suggest Keir Starmer is on course to be the UK’s next prime minister.

Prime Minister Rishi Sunak was hoping his AI summit next month would bring heads of the most powerful nations face-to-face with executives to guard against the technology’s “catastrophic” potential. With less than two weeks to go, the guest list is thin on world leaders.

Egypt was downgraded for the second time this month, as the North African nation struggles with a severe shortage of hard currency.

President Joe Biden said Hamas attacked Israel in part to stymie its efforts to normalize relations with Saudi Arabia, his most illuminating comments yet on the impetus for the crisis in the Middle East.