Prarthana Prakash

Lloyds Banking Group, the U.K.'s biggest lender, will include office attendance as a factor in performance-based bonuses this year.

Spain plans to impose a 100% tax on property purchased by non-European Union residents to tackle its exacerbated housing crisis.

Mars Inc. has been boosting its business in the U.K., including with the purchase of Hotel Chocolat.

Despite weakness in China, "Richemont has never been stronger," investment firm Vontobel's analyst said.

“These outstanding sales figures go to show demand for stout among U.K. pub-goers is in no way slowing down," a Murphy's spokesperson said.

The 150-year-old insurer has weathered wars, pandemics and natural disasters in its lifetime. It next task: appealing to Gen Z.

The luxury sector will change and grow in many ways, different from 2024 this year, according to Bank of America's recent report forecasting the coming year.

Donald Trump was sworn in as the 47th U.S. president—that could mean more tariffs and different picture for trade with Europe.