The British pound has been on a roller-coaster ride in the years since the U.K.’s EU membership referendum back on June 23, 2016 (subsequently better known as the Brexit referendum). It’s seen a range against the U.S. dollar between $1.50 on the night of the referendum, sinking as low as …

The top name in ketchup is finally playing catch-up. Kraft Heinz shares surged more than 13% on Thursday after the consumer food giant posted a better-than-expected earnings report, a meaningful move higher for a stock still down over 25% year to date. The pop came as welcome relief for shareholders, …

Assembling a T-72B3 battle tank at the Uralvagonzavod factory, a Rostec subsidiary, developing and producing military hardware. Donat Sorokin | TASS | Getty Images European defense spending will surpass $300 billion a year by 2021, according to new research from Jane’s by IHS Markit. Defense expenditure is a highly sensitive …