Bloomberg James Murdoch, heir to billionaire media magnate Rupert Murdoch, has added the biggest reported investment yet to his closely watched portfolio: a bet on the virtual-reality provider called the Void LLC. Murdoch has invested $20 million in the business, according to a person familiar with the transaction. He’s also taken a seat on the board, said the person, who ...

Bloomberg The pound is suffering a record run of losses against the euro just as Brits get ready for the summer holidays. Sterling has slid more than 5 percent against the euro in an unprecedented run of 10 weekly declines, handing UK holidaymakers on the continent a hefty foreign-exchange disadvantage. And it’s fared the worst among 32 major currencies tracked ...

Bloomberg Traders taking profit from Kuwait’s longest-winning streak since at least 2016 sent the nation’s main stock index to its first loss this month. The gauge declined less than 0.1 percent, led by National Bank of Kuwait and HumanSoft Holding. While a favourable deposit shift for lenders in the country may boost second-quarter margins from lows in the previous quarter, ...