Thomson Reuters Martin Shkreli, former chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, and his attorney Benjamin Brafman. (Reuters) – Martin Shkreli’s lawyer Benjamin Brafman did not run from his client’s troubled public image, describing him as a misunderstood genius, as he began his defense in the former drug company executive’s securities fraud […]

LONDON — Tesco is planning to axe 1,200 jobs at its head office, according to the Press Association. The news comes after the company announced it was cutting night shifts in some of its largest stores as part of cost-cutting measures, which could impact up to 3,000 jobs. More than 10,000 roles have been cut since Dave […]

Harry’s Harry’s cofounders Andy Katz-Mayfield and Jeff Raider. LONDON — Startup shaving brand Harry’s is launching in the UK, the company’s first international market outside of North America. New York-based Harry’s, founded in 2013, manufactures razor blades and shaving handles, as well as making shaving cream and after shave balm. The company has three million […]

REUTERS/Kirsty Wigglesworth/Pool Mark Carney, Governor of the Bank of England speaks during a panel discussion at The Bank of England in London, Britain, March 21, 2017. LONDON — Bank of England Governor Mark Carney does not believe that it is time for Britain’s central bank to raise interest rates, despite inflation climbing sharply above target […]

Reuters / Francois Lenoir The European Union’s chief Brexit negotiator Michael Barnier (R) welcomes Britain’s Secretary of State for Exiting the European Union David Davis at the European Commission ahead of their first day of talks in Brussels, June 19, 2017. LONDON — The UK economy is set for a persistently slow pace of growth […]