Norway grants $428 million for two floating offshore wind test projects

The S&P 500 (^GSPC -1.09%) had its worst day on record 39 years ago today. On Oct. 19, 1987, it lost 20.5% in one session to end at 224.84. The Dow Jones Industrial Average (^DJI -0.34%) had it even worse, dropping 22.6%. A drop that big today would be brutal. From the S&P 500‘s close…

Global Defence Bank Struggles to Secure Broad International Backing By Iain Withers, Elisa Martinuzzi and Lefteris Papadimas Challenges Facing the Defence, Security and Resilience Bank (DSRB) LONDON, Aug 30 (Reuters) – Canadian Prime Minister Mark Carney has thrown his weight behind a new global defence bank intended to help allies rearm, but other major economies…

It seems like the end of the road for a Midtown office tower owned by a real estate power trio. The buildings at 500 and 512 Seventh Avenue, where the lender accused the borrower of intentional self-dealing, will be sent to a foreclosure auction to satisfy a $356 million debt, a New York Supreme Court…

To celebrate South Asian Heritage Month, Mortgage Solutions spoke to mortgage professionals about their heritage, culture and ethnic background – and how it formed who they are today. This week, we spoke to Gurpreet Chahal (pictured), strategic key relationship manager at L&G’s Mortgage Club business. He is also a co-founder of SAMPAN – the…

Travelers walk past an Alibaba Cloud advertisement at Shenzhen Bao’an International Airport in Shenzhen, China, on Tuesday, Oct. 7, 2025. Bloomberg | Bloomberg | Getty Images For much of the past several years, the debate over artificial intelligence has revolved around two foundational questions: Can American technology companies continue to innovate at the technological frontier?…