‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said the Strait of Hormuz remains blocked and will not be reopened until Iran's conditions are accepted.
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The struggle to shut down the illegal tobacco trade
There's been an “explosion” in the sale of illegal tobacco in Scotland, according to Trading Standards.
Apax Lines Up About €1 Billion Debt to Buy Gerresheimer Units
Bankers are lining up about €1 billion ($1.2 billion) of debt financing to back Apax Partners’s purchase of two businesses from packaging firm Gerresheimer AG.
Uber to Cut 3,300 Jobs in Management Overhaul
Uber Technologies is cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.…