Bloomberg The UK said it is moving to stop ex-military pilots from offering training to China, warning they could be prosecuted under an espionage law. “When former UK military pilots provide training to the People’s Liberation Army of China it clearly erodes the UK’s defense advantage,” Britain’s Ministry of Defense said Wednesday on Twitter. “We are taking immediate steps ...

  Bloomberg HSBC Holdings Plc has been reprimanded by a UK watchdog for violating environmental advertising rules, after it sought to depict itself as a green bank in a set of posters. In the latest sign that regulators are growing increasingly intolerant of all manifestations of greenwashing, the Advertising Standards Authority (ASA) said it has ordered HSBC to ensure the ...

  Bloomberg The Bank of England (BOE) will start its delayed bond sales early next month, refocusing on the fight against record inflation after averting the threat of a market meltdown. The announcement of so-called quantitative tightening is a statement of intent from the central bank, which had been on the defensive for weeks after fallout from a government plan ...