Bloomberg The squeeze on UK households intensified in the three months through April as wage growth lagged further behind inflation. Average earnings rose 1.7 percent, the slowest annual pace for more than two years, the Office for National Statistics said on Wednesday. But they fell 0.6 percent after inflation is taken into account, the largest drop since August 2014. In ...

Bloomberg Shaw Communications Inc. sold its ViaWest data service business to Peak 10 Holding Corp. for C$2.3 billion ($1.7 billion), three years after the Canadian telecommunications company bought it for C$1.3 billion. ViaWest and Peak 10 combined will be North America’s largest privately held data center company, Shaw said in a statement. The deal frees up cash for Shaw to ...

Bloomberg The former chief executive officer of Noble Group Ltd. has filed a lawsuit against founder Richard Elman claiming that he’s owed stock in the embattled commodity trader. Yusuf Alireza, who left the company in May 2016, filed the suit against Elman in the High Court of Hong Kong alleging contract breaches, according to a writ of summons. Alireza seeks ...