Egyptian authorities say two tankers have collided in the Suez Canal, briefly disrupting traffic through the global waterway

Swedish lender Svenska Handelsbanken AB has taken a major step toward exiting Finland after it struck agreements to

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The Biden administration is designating 31 so-called tech hubs that reach 32 states and Puerto Rico

STANDISH, Maine--(BUSINESS WIRE)--Aug 7, 2023--

Chelsea are negotiating a fee of £50m with add-ons for Romeo Lavia, after the midfielder signalled his intention to leave Southampton for Stamford Bridge rather than Liverpool. The Anfield club had earlier on Monday had a £60m bid accepted for the 19-year-old and, while he was interested in going north, moving to London has proved a more favourable option. There was some frustration given that it was felt Liverpool could have had a deal done last week, but Southampton absolutely refused to drop their asking price from £50m, in what has proved a seller's market. The signing will take Chelsea's expenditure to over £900m gross since the takeover in May 2022, and raised questions over how they will meet Financial Fair Play requirements. While the spending has inevitably been the subject of a lot of discussion at the top levels of clubs, just as it has been in the wider game, there has been no contact with the Premier League about it. Chelsea are likely to still have a number of outgoings in the two weeks left of the window - although that does raise the issue of clubs knowing they need to sell. The Premier League are expected to change their rules to bring them in line with Uefa's, closing a loophole that allows transfer fees to be spread over a longer-period and setting a limit at five years, but that will not affect the last year's spending. The regulations are also dependent on the year-end date for signings and which year the transactions go into. Chelsea completed the signing of Moises Caicedo for an initial £100m from Brighton earlier on Monday. Read More Chelsea end Caicedo saga by signing Brighton midfielder for initial £100m Chelsea’s £1bn spending spree still isn’t enough Chelsea and Liverpool trial football without defensive midfielders

DLA Piper, one of the world’s largest law firms, was ordered by a judge to hand over evidence

Some Republican-leaning voters in early-voting states say they're angry about Donald Trump’s indictment on charges that he mishandled classified documents

Namibia is considering taking minority stakes in mining and petroleum production companies amid increasing concerns over local ownership

SEOUL South Korea's policymakers vowed to take measures to control consumer debt as the country's household credit grew

Disney has asked a Florida judge to toss out a lawsuit filed by a board governing Disney World that is made up of Gov. Ron DeSantis’ appointees

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF Germany's intensifying budget crisis is hitting Europe's top economy where it