1–10 of 25997 results

Fed’s Susan Collins signals she expects one more quarter-point rate increase

US central bank’s fight against inflation set to continue despite lingering concerns about banking system Read Full Story

Fed’s Susan Collins signals she expects one more quarter-point rate increase

49 minute(s) ago

News | The Economy

Wall Street bonuses: payouts down, anxiety up

The average cheque for bankers for 2022 is a quarter less than the previous year Read Full Story

Wall Street bonuses: payouts down, anxiety up

54 minute(s) ago

News | The Economy

Prepare for a multipolar currency world

The US dollar still dominates debt markets, but some niche-sounding data suggests things could be set to shift Read Full Story

Prepare for a multipolar currency world

1 hour(s) ago

News | The Economy

Ajay Banga the only candidate nominated to be World Bank president

Ajay Banga the only candidate nominated to be World Bank president

1 hour(s) ago

News | The Economy

Ford gambles on $4.5bn Indonesia nickel plant with Chinese partner

US carmaker’s teaming up with a Chinese miner comes as the Biden administration tries to build domestic battery industry Read Full Story

Ford gambles on $4.5bn Indonesia nickel plant with Chinese partner

1 hour(s) ago

News | The Economy

Ecuador’s president faces impeachment trial over corruption charge

Court allows hostile congress to proceed with case against unpopular conservative leader Guillermo Lasso Read Full Story

Ecuador’s president faces impeachment trial over corruption charge

2 hour(s) ago

News | The Economy

Illumina chief’s pay nearly doubles ahead of clash with Carl Icahn

Francis deSouza was awarded $26.7mn in total pay last year despite drop in genome sequencer’s market value Read Full Story

Illumina chief’s pay nearly doubles ahead of clash with Carl Icahn

2 hour(s) ago

News | The Economy

Lawyers for Leon Black accuser seek to quit sexual assault case

Wigdor had represented Guzel Ganieva in rape lawsuit filed against former Apollo chief Read Full Story

Lawyers for Leon Black accuser seek to quit sexual assault case

2 hour(s) ago

News | The Economy

Vitol profits soar to record $15bn on back of energy crisis

Commodity trader’s profits in 2022 matched previous six years combined as turmoil swept through markets Read Full Story

Vitol profits soar to record $15bn on back of energy crisis

4 hour(s) ago

News | The Economy

Wall Street bonuses tumbled 26% last year amid dealmaking slump

New York state comptroller blames higher rates and Ukraine war for biggest drop in payouts since financial crisis Read Full Story

Wall Street bonuses tumbled 26% last year amid dealmaking slump

4 hour(s) ago

News | The Economy

Wirecard suit against Indian group can proceed, High Court rules

Two former shareholders in a business sold to the payments company allege they were defrauded Read Full Story

Wirecard suit against Indian group can proceed, High Court rules

4 hour(s) ago

News | The Economy

Bolsonaro summoned in Saudi jewel probe on return to Brazil

Rightwing former president’s homecoming is complicated by multiple investigations against him Read Full Story

Bolsonaro summoned in Saudi jewel probe on return to Brazil

5 hour(s) ago

News | The Economy

Bankers found guilty of helping to hide Putin’s millions by Swiss court

Employees of Gazprombank’s subsidiary failed to conduct due diligence on accounts of Kremlin-connected figure Read Full Story

Bankers found guilty of helping to hide Putin’s millions by Swiss court

5 hour(s) ago

News | The Economy

Global stocks rise as investors switch focus to interest rate outlook

Europe-wide Stoxx 600 hits highest level in two weeks despite mixed inflation data from Germany and Spain Read Full Story

Global stocks rise as investors switch focus to interest rate outlook

5 hour(s) ago

News | The Economy

Multiple red flags are not yet slowing the generative AI train

Critics fear the technology carries alarming risks and may pose an existential threat to humanity in future Read Full Story

Multiple red flags are not yet slowing the generative AI train

5 hour(s) ago

News | The Economy

Ultranationalist Israeli minister outlines plans for new national guard

Itamar Ben-Gvir’s proposal for armed unit under his ministry’s direct control has alarmed civil rights groups Read Full Story

Ultranationalist Israeli minister outlines plans for new national guard

5 hour(s) ago

News | The Economy

H shares jump 16% as it ekes out a profit

Swedish fashion retailer hails progress on cutting costs and excess stock Read Full Story

H shares jump 16% as it ekes out a profit

6 hour(s) ago

News | The Economy

Germany reports higher than expected inflation

Figures come as Spanish price pressures ease and ECB ponders rate rise pause Read Full Story

Germany reports higher than expected inflation

6 hour(s) ago

News | The Economy

EU agrees compromise on nuclear energy amid French pressure

Paris wins concession for atomic power to be counted towards decarbonisation of industry Read Full Story

EU agrees compromise on nuclear energy amid French pressure

6 hour(s) ago

News | The Economy

Raiffeisen in talks over sale of Russian banking arm

Austrian lender has come under growing pressure from regulators over status of its business in Russia Read Full Story

Raiffeisen in talks over sale of Russian banking arm

8 hour(s) ago

News | The Economy

Russia detains Wall Street Journal reporter on suspicion of spying

Evan Gershkovich, a US national, is accused of a crime that carries a 20-year sentence Read Full Story

Russia detains Wall Street Journal reporter on suspicion of spying

8 hour(s) ago

News | The Economy

EU seeks to tighten oversight of trade in sensitive technologies with China

Ursula von der Leyen says bloc must develop ‘new defensive tools’ in face of an increasingly assertive Beijing Read Full Story

EU seeks to tighten oversight of trade in sensitive technologies with China

9 hour(s) ago

News | The Economy

UK government waters down EV mandate with loophole for carmakers

Companies will be able to offset production shortfalls by trading allowances with rivals Read Full Story

UK government waters down EV mandate with loophole for carmakers

9 hour(s) ago

News | The Economy

China’s premier warns against conflict in Asia amid US tensions

Li Qiang calls for peace one day after Beijing threatens Taiwan over its president’s visit to California Read Full Story

China’s premier warns against conflict in Asia amid US tensions

11 hour(s) ago

News | The Economy

Alibaba may cede control of new businesses if they list after break-up

Restructured Chinese tech group also plans to continue divestments in portfolio companies, says finance chief Read Full Story

Alibaba may cede control of new businesses if they list after break-up

13 hour(s) ago

News | The Economy

European real estate stocks hammered by banking turmoil

Shares on track for worst month in years as investors bet on plummeting property valuations Read Full Story

European real estate stocks hammered by banking turmoil

14 hour(s) ago

News | The Economy

Central bankers warn companies on fatter profit margins

After focusing on the dangers of strong wage growth, rate-setters have switched to businesses raising prices Read Full Story

Central bankers warn companies on fatter profit margins

14 hour(s) ago

News | The Economy

Revolut’s board frustrated by fintech company’s response to audit warning

Payments group criticised over attempt to minimise BDO’s red flags Read Full Story

Revolut’s board frustrated by fintech company’s response to audit warning

14 hour(s) ago

News | The Economy

What happened when I bet on the ponies exactly how the AI told me to

How computer-assisted betting took over horse racing, threatening the sport of kings Read Full Story

What happened when I bet on the ponies exactly how the AI told me to

14 hour(s) ago

News | The Economy

‘Total distrust’: rise of the Russian informers

Teachers, neighbours and even family members are turning to Soviet-style denunciations in wartime Russia Read Full Story

‘Total distrust’: rise of the Russian informers

14 hour(s) ago

News | The Economy

Battle to curb Israel’s court unites Netanyahu’s coalition

Proponents of judicial reform remain committed to overhaul despite suspension of legislation Read Full Story

Battle to curb Israel’s court unites Netanyahu’s coalition

14 hour(s) ago

News | The Economy

What are banks’ weaknesses as interest rates rise?

Recent collapses in the US and Europe highlight new threats to lenders and upend conventional wisdom Read Full Story

What are banks’ weaknesses as interest rates rise?

14 hour(s) ago

News | The Economy

Asset managers take aim at ‘unstable’ EU green fund rules

Investor uproar prompts Brussels to consider scrapping flagship sustainable investment category Read Full Story

Asset managers take aim at ‘unstable’ EU green fund rules

14 hour(s) ago

News | The Economy

Boutique adviser Centerview beats Wall Street banks in deal rankings

Jump to third place ahead of Morgan Stanley and Bank of America in closely watched standings Read Full Story

Boutique adviser Centerview beats Wall Street banks in deal rankings

14 hour(s) ago

News | The Economy

Ken Griffin’s Citadel to reopen Tokyo office this year

Expansion by one of world’s biggest hedge funds comes as other investors expand Japan teams Read Full Story

Ken Griffin’s Citadel to reopen Tokyo office this year

17 hour(s) ago

News | The Economy

Indonesian business group calls for inclusion in ‘unfair’ US green energy bill

Influential chamber of commerce says vast nickel reserves could meet demand for electric vehicles and batteries Read Full Story

Indonesian business group calls for inclusion in ‘unfair’ US green energy bill

17 hour(s) ago

News | The Economy

The risks of China’s regulatory shake-up

Greater centralisation in a politicised financial system may lead to more instability Read Full Story

The risks of China’s regulatory shake-up

19 hour(s) ago

News | The Economy

UK and EU boost co-operation over new carbon border tax

Joint pledge to tackle climate signals warming relations between London and Brussels Read Full Story

UK and EU boost co-operation over new carbon border tax

19 hour(s) ago

News | The Economy

Sheikh Mohammed bin Zayed names his son crown prince of Abu Dhabi

UAE leader appoints Sheikh Khaled as heir apparent as part of series of changes at top of Gulf state Read Full Story

Sheikh Mohammed bin Zayed names his son crown prince of Abu Dhabi

21 hour(s) ago

News | The Economy

US equities rise as ‘fear trades’ fade in broad-based rally

Wall Street joins global stock advance over waning concerns about banking turmoil Read Full Story

US equities rise as ‘fear trades’ fade in broad-based rally

21 hour(s) ago

News | The Economy

UK re-entry into EU Horizon programme threatened by cash dispute

Britain seeks to reduce contributions to €95bn research network seen as vital by country’s scientists Read Full Story

UK re-entry into EU Horizon programme threatened by cash dispute

22 hour(s) ago

News | The Economy

UAE president names eldest son Sheikh Khaled crown prince of Abu Dhabi

UAE president names eldest son Sheikh Khaled crown prince of Abu Dhabi

23 hour(s) ago

News | The Economy

Yellen says she expects Ajay Banga to be elected World Bank president

Former Mastercard chief executive has spent recent weeks on ‘listening tour’ touting his credentials Read Full Story

Yellen says she expects Ajay Banga to be elected World Bank president

23 hour(s) ago

News | The Economy

Disney ousts Marvel chair after he clashed with CEO Iger

Move is part of efforts to eliminate 7,000 roles, say people briefed on the matter Read Full Story

Disney ousts Marvel chair after he clashed with CEO Iger

1 day(s) ago

News | The Economy

Switzerland to revive talks with EU on forging closer ties

Bern seeks ‘package’ agreement of multiple treaties after last effort to build universal framework failed Read Full Story

Switzerland to revive talks with EU on forging closer ties

1 day(s) ago

News | The Economy

Bernie Sanders accuses Starbucks founder of ‘illegal union-busting’

Ex-CEO Howard Schultz testifies in Senate after being threatened with subpoena by leftwing senator Read Full Story

Bernie Sanders accuses Starbucks founder of ‘illegal union-busting’

1 day(s) ago

News | The Economy

Credit Suisse violated tax evasion deal, says US Senate committee

Probe reveals Swiss bank in one case failed to disclose nearly $100mn of secret offshore accounts Read Full Story

Credit Suisse violated tax evasion deal, says US Senate committee

1 day(s) ago

News | The Economy

Why UBS brought Ermotti back as chief executive

Swiss bank bets its former boss will do a better job of integrating Credit Suisse than Ralph Hamers would have Read Full Story

Why UBS brought Ermotti back as chief executive

1 day(s) ago

News | The Economy

Top UN court to assess countries’ climate obligations after resolution passes

Decision to seek opinion from ICJ will give governments greater clarity on their environmental responsibilities Read Full Story

Top UN court to assess countries’ climate obligations after resolution passes

1 day(s) ago

News | The Economy

Alibaba: small poppies split hands bouquet to party bosses

Break-up of group may placate regulators but is unlikely to make its businesses more competitive Read Full Story

Alibaba: small poppies split hands bouquet to party bosses

1 day(s) ago

News | The Economy

Airbus drops deal with Atos digital unit after pressure from Chris Hohn

Shares in IT company plummet after plane maker bows to demand from hedge fund boss to end interest in Evidian Read Full Story

Airbus drops deal with Atos digital unit after pressure from Chris Hohn

1 day(s) ago

News | The Economy

Britain set to join transpacific trade group

Accession talks expected to be completed in days Read Full Story

Britain set to join transpacific trade group

1 day(s) ago

News | The Economy

Alibaba bets on split to survive Chinese tech’s new battlefields

Separation of units marks biggest shake-up of ecommerce group since Jack Ma founded it 24 years ago Read Full Story

Alibaba bets on split to survive Chinese tech’s new battlefields

1 day(s) ago

News | The Economy

Binance hid extensive links to China for several years

Company documents show crypto exchange relied on country long after it said it had left in 2017 Read Full Story

Binance hid extensive links to China for several years

1 day(s) ago

News | The Economy

BoE urges pension funds to be ready for bigger gilt market shocks

Central bank recommends setting liquidity requirement at more than double stress test level after 2022 turmoil Read Full Story

BoE urges pension funds to be ready for bigger gilt market shocks

1 day(s) ago

News | The Economy

China yet to decide on Ukraine peacemaker role, says Kyiv

Beijing wants a weak Russia but will prevent its collapse, foreign minister Dmytro Kuleba claims Read Full Story

China yet to decide on Ukraine peacemaker role, says Kyiv

1 day(s) ago

News | The Economy

Biden’s awkward democracy summit

America still lacks an effective approach to the global south Read Full Story

Biden’s awkward democracy summit

1 day(s) ago

News | The Economy

VW plans 25% pay increase for executive board members

Move comes amid wider concerns over chief Oliver Blume’s role as boss of both VW and Porsche Read Full Story

VW plans 25% pay increase for executive board members

1 day(s) ago

News | The Economy

Musk and other tech experts call for ‘pause’ on advanced AI systems

More than 1,000 researchers and executives sign open letter to halt what they describe as a ‘dangerous’ arms race Read Full Story

Musk and other tech experts call for ‘pause’ on advanced AI systems

1 day(s) ago

News | The Economy

Career banker Ermotti returns to the fold at UBS

Swiss bank calls back former chief executive to steer takeover of Credit Suisse Read Full Story

Career banker Ermotti returns to the fold at UBS

1 day(s) ago

News | The Economy

Chinese tech shares surge as Alibaba’s break-up plan spurs investor hopes

Investor SoftBank’s stock rises 6% in Tokyo after ecommerce giant announces value-unlocking move to split into six units Read Full Story

Chinese tech shares surge as Alibaba’s break-up plan spurs investor hopes

1 day(s) ago

News | The Economy

Why there is no future for ‘forever chemicals’

PFAS compounds have long been known to be harmful. Now restrictions on their use will force industry to adapt Read Full Story

Why there is no future for ‘forever chemicals’

1 day(s) ago

News | The Economy

Sergio Ermotti returns as UBS chief to steer Credit Suisse takeover

Ralph Hamers to step down after agreeing $3.25bn rescue deal Read Full Story

Sergio Ermotti returns as UBS chief to steer Credit Suisse takeover

1 day(s) ago

News | The Economy

China threatens Taiwan over president’s trip to US

Tsai Ing-wen to meet Speaker Kevin McCarthy in Los Angeles after stops in New York, Guatemala and Belize Read Full Story

China threatens Taiwan over president’s trip to US

1 day(s) ago

News | The Economy

Tesla’s price war in China backfires as BYD sales surge

Chinese carmakers expected to sell more passenger vehicles than foreign rivals for first time in 2023 Read Full Story

Tesla’s price war in China backfires as BYD sales surge

1 day(s) ago

News | The Economy

Credit Suisse sale ‘forever impairs the ability to issue AT1s’, investors warn

Additional tier 1 bond market faces ‘risk premium repricing’ in wake of Swiss bank’s debt being written down ahead of equity Read Full Story

Credit Suisse sale ‘forever impairs the ability to issue AT1s’, investors warn

1 day(s) ago

News | The Economy

Credit Suisse bankers and clients courted by Swiss rivals

Staff retention is ‘number one’ priority at UBS after takeover as wealth managers aim to capitalise on turmoil Read Full Story

Credit Suisse bankers and clients courted by Swiss rivals

1 day(s) ago

News | The Economy

Venture capital faces tougher future

Deglobalisation, geopolitical competition and demise of cheap money require industry playbook to change Read Full Story

Venture capital faces tougher future

1 day(s) ago

News | The Economy

Banks face a tough choice over crypto

After the collapse of SVB, lenders are increasingly leery of digital assets Read Full Story

Banks face a tough choice over crypto

1 day(s) ago

News | The Economy

‘Hard to fluster’ adviser lands central role in US bank mess clean-up

Todd Snyder ran auctions of Silicon Valley and Signature after failures shook financial system Read Full Story

‘Hard to fluster’ adviser lands central role in US bank mess clean-up

1 day(s) ago

News | The Economy

Spain’s fix for pension shortfall: make younger people pay

Faced with an ageing population and ballooning costs, Madrid has opted to increase contributions rather than cut benefits Read Full Story

Spain’s fix for pension shortfall: make younger people pay

1 day(s) ago

News | The Economy

Ukraine grain glut hits agribusiness in neighbouring countries

Romanian and Polish farmers criticise ‘derisory’ EU compensation and politicians call for higher offer Read Full Story

Ukraine grain glut hits agribusiness in neighbouring countries

1 day(s) ago

News | The Economy

Brazil braced for Jair Bolsonaro’s return to energise the far right

Ex-leader faces investigations including embezzlement probe over jewellery but poses political challenge for his successor Read Full Story

Brazil braced for Jair Bolsonaro’s return to energise the far right

1 day(s) ago

News | The Economy

Netanyahu reforms trigger backlash in US from ardent Israel supporters

Criticism comes from politically diverse group of American Jews who have tended to be supportive Read Full Story

Netanyahu reforms trigger backlash in US from ardent Israel supporters

1 day(s) ago

News | The Economy

At least 40 people dead in fire at Mexico migration detention centre

Incident comes as migration through the country to the US is near its highest level in 20 years Read Full Story

At least 40 people dead in fire at Mexico migration detention centre

1 day(s) ago

News | The Economy

US label maker breaks drought in junk bond issuance since SVB failure

High-yield market had ground to a halt following collapse of Silicon Valley Bank Read Full Story

US label maker breaks drought in junk bond issuance since SVB failure

1 day(s) ago

News | The Economy

Pence must testify before grand jury in Trump probe, judge rules

Former vice-president ordered to appear before panel hearing evidence about alleged interference in 2020 election Read Full Story

Pence must testify before grand jury in Trump probe, judge rules

1 day(s) ago

News | The Economy

Tech stock retreat leads Wall Street indices lower

Bank stocks steady and bond markets calm Read Full Story

Tech stock retreat leads Wall Street indices lower

1 day(s) ago

News | The Economy

JPMorgan’s Jamie Dimon to be deposed in Epstein lawsuits

Sworn testimony scheduled to take place behind closed doors in May as bank fights litigation Read Full Story

JPMorgan’s Jamie Dimon to be deposed in Epstein lawsuits

1 day(s) ago

News | The Economy

Big debt investors dealt blow in mattress maker bankruptcy ruling

Serta Simmons court decision is milestone in ‘creditor-on-creditor violence’ litigation Read Full Story

Big debt investors dealt blow in mattress maker bankruptcy ruling

1 day(s) ago

News | The Economy

US home prices fall for seventh straight month as mortgage costs bite

US home prices fall for seventh straight month as mortgage costs bite

1 day(s) ago

News | The Economy

Apple launches ‘buy now, pay later’ service in the US

Tech giant debuts rival to companies such as Klarna and Affirm after delays Read Full Story

Apple launches ‘buy now, pay later’ service in the US

2 day(s) ago

News | The Economy

US to withhold nuclear data from Russia in escalation of tensions

Move comes after Moscow suspended its participation in New Start treaty Read Full Story

US to withhold nuclear data from Russia in escalation of tensions

2 day(s) ago

News | The Economy

Top Republican accuses regulators of being ‘asleep at the wheel’ over SVB

Tim Scott’s comments came during bruising congressional hearing on failings leading to lender’s collapse Read Full Story

Top Republican accuses regulators of being ‘asleep at the wheel’ over SVB

2 day(s) ago

News | The Economy

Italy at odds with Brussels over using EU money for football stadium

European Commission delays Rome’s recovery funds by a month after questions over plans Read Full Story

Italy at odds with Brussels over using EU money for football stadium

2 day(s) ago

News | The Economy

Monetary policy is not solely to blame for this banking crisis

It’s a fallacy to suppose there is a simple solution to the failings of our financial systems and economies Read Full Story

Monetary policy is not solely to blame for this banking crisis

2 day(s) ago

News | The Economy

Israel’s divisions are distracting it from a regional perfect storm

Preoccupied by internal tensions, policymakers have little bandwidth to deal with impending external crises Read Full Story

Israel’s divisions are distracting it from a regional perfect storm

2 day(s) ago

News | The Economy

French prosecutors raid banks in tax fraud probe

BNP Paribas and HSBC among the lenders under investigation over trades related to dividend payments Read Full Story

French prosecutors raid banks in tax fraud probe

2 day(s) ago

News | The Economy

Alibaba plans to split into six in radical overhaul

Tech group will retain most profitable ecommerce businesses but allow other units to spin off and list separately Read Full Story

Alibaba plans to split into six in radical overhaul

2 day(s) ago

News | The Economy

Stake.com: the Aussie gambling minnow that made it big on crypto

Business founded in 2017 has grown almost unnoticed to become the world’s seventh largest gambling group Read Full Story

Stake.com: the Aussie gambling minnow that made it big on crypto

2 day(s) ago

News | The Economy

US charges Bankman-Fried with bribing Chinese officials

Prosecutors allege FTX founder made multimillion dollar payment to help unfreeze accounts Read Full Story

US charges Bankman-Fried with bribing Chinese officials

2 day(s) ago

News | The Economy

Top ECB official claims CDS market ‘contaminates’ bank stocks and deposit flows

Sharp moves in thinly-traded credit insurance needs scrutiny, Andrea Enria says Read Full Story

Top ECB official claims CDS market ‘contaminates’ bank stocks and deposit flows

2 day(s) ago

News | The Economy

German antitrust watchdog probes Microsoft’s market power

Berlin is at the vanguard of European attempts to restrict the dominance of Big Tech Read Full Story

German antitrust watchdog probes Microsoft’s market power

2 day(s) ago

News | The Economy

Younger protesters to swell French rallies against pension reform

Schools and universities forced to close as government rejects unions’ idea of mediation to alleviate crisis Read Full Story

Younger protesters to swell French rallies against pension reform

2 day(s) ago

News | The Economy

Western voters won’t give up the peace dividend

Governments are right to increase defence spending, but their electorates prefer butter to guns Read Full Story

Western voters won’t give up the peace dividend

2 day(s) ago

News | The Economy

EU agrees trade defence tool against China

Anti-coercion mechanism allows bloc to retaliate when one of its members is pressured with import bans Read Full Story

EU agrees trade defence tool against China

2 day(s) ago

News | The Economy

Swiss regulators voiced concerns in 2019 about ability to save banks

Authorities said no possibility of the orderly wind-down of one of the two big lenders Read Full Story

Swiss regulators voiced concerns in 2019 about ability to save banks

2 day(s) ago

News | The Economy

BP teams up with Abu Dhabi oil group in bid for Israel’s NewMed

UK energy major and Adnoc plan joint venture to pursue projects in eastern Mediterranean Read Full Story

BP teams up with Abu Dhabi oil group in bid for Israel’s NewMed

2 day(s) ago

News | The Economy

Diageo chief Menezes to step down

Debra Crew to take over drinks group in July Read Full Story

Diageo chief Menezes to step down

2 day(s) ago

News | The Economy

North Korea to restart diplomatic activity after 3 years of Covid isolation

Stalled nuclear talks could benefit as leader Kim Jong Un slowly reopens country, diplomats say Read Full Story

North Korea to restart diplomatic activity after 3 years of Covid isolation

2 day(s) ago

News | The Economy

Israel’s president calls on leaders to start talks to solve political crisis

Netanyahu’s government forced to delayed bitterly contested judicial overhaul after mass unrest Read Full Story

Israel’s president calls on leaders to start talks to solve political crisis

2 day(s) ago

News | The Economy

SVB, resolved

How the story ends Read Full Story

SVB, resolved

2 day(s) ago

News | The Economy

The jilted ally behind Macron’s pensions crisis

No French president has passed reforms by ignoring Laurent Berger’s CFDT union Read Full Story

The jilted ally behind Macron’s pensions crisis

2 day(s) ago

News | The Economy

Shale oil drillers left exposed after pulling back price hedges

Producer ‘optimistic we’ll see $100 a barrel’ shuns insurance despite market wobbles Read Full Story

Shale oil drillers left exposed after pulling back price hedges

2 day(s) ago

News | The Economy

Cheap FTX crypto tokens were offered to Genesis executives

Major lender was able to invest at a discounted rate before tokens were issued to public Read Full Story

Cheap FTX crypto tokens were offered to Genesis executives

2 day(s) ago

News | The Economy

China’s fake science industry: how ‘paper mills’ threaten progress

The country has become a prolific publisher of academic research but fraudulent studies risk serious real-world consequences Read Full Story

China’s fake science industry: how ‘paper mills’ threaten progress

2 day(s) ago

News | The Economy

Tesla cars lose value faster than rival models after price cuts, data shows

Reductions have caused second-hand vehicles to depreciate more steeply Read Full Story

Tesla cars lose value faster than rival models after price cuts, data shows

2 day(s) ago

News | The Economy

Embracer: gaming ‘roll-up’ battles claims of aggressive accounting

Lars Wingefors created Europe’s biggest gaming company with an acquisitive strategy that has attracted short sellers Read Full Story

Embracer: gaming ‘roll-up’ battles claims of aggressive accounting

2 day(s) ago

News | The Economy

Middle East on ‘radar’ of global investors as it enjoys IPO boom

Frenzy of activity across the region contrasts sharply with Europe’s moribund market Read Full Story

Middle East on ‘radar’ of global investors as it enjoys IPO boom

2 day(s) ago

News | The Economy

Military briefing: why Ukraine wants to neutralise Russia’s bases in Crimea

Kyiv’s strikes on assets in the occupied peninsula are crucial to its counter-offensive Read Full Story

Military briefing: why Ukraine wants to neutralise Russia’s bases in Crimea

2 day(s) ago

News | The Economy

We are all secretaries now

Cost-cutting has left workers drowning in ‘self-service’ admin tasks — but AI might come to the rescue Read Full Story

We are all secretaries now

2 day(s) ago

News | The Economy

Isar defies space tech downturn to raise $165mn in countdown to launch

Rival groups such as Sir Richard Branson’s Virgin Orbit have struggled to find investors Read Full Story

Isar defies space tech downturn to raise $165mn in countdown to launch

2 day(s) ago

News | The Economy

US and Japan strike trade deal on critical minerals for electric car batteries

Move comes as Biden administration prepares guidance on qualifying for tax credits under IRA Read Full Story

US and Japan strike trade deal on critical minerals for electric car batteries

2 day(s) ago

News | The Economy

Activist investors smoke out South Korea’s undervalued companies

Campaign at tobacco maker underlines rise of funds taking on the old guard to unlock higher share prices Read Full Story

Activist investors smoke out South Korea’s undervalued companies

2 day(s) ago

News | The Economy

There are signs wages in Japan are finally on the rise

Inflation and the risk of employees being poached by rivals are prompting a shift to pay workers more Read Full Story

There are signs wages in Japan are finally on the rise

2 day(s) ago

News | The Economy

China grants billions in bailouts as Belt and Road Initiative falters

New study attempts to capture total rescue loans from world’s biggest bilateral creditor Read Full Story

China grants billions in bailouts as Belt and Road Initiative falters

2 day(s) ago

News | The Economy

Lyft founders step back as ride-hailing company names new chief

Former Amazon executive David Risher will take over as the company tries to make up ground lost to rival Uber Read Full Story

Lyft founders step back as ride-hailing company names new chief

2 day(s) ago

News | The Economy

China to slash foreign researchers’ access to academic database

China National Knowledge Infrastructure is critical tool for scholars seeking to study the country Read Full Story

China to slash foreign researchers’ access to academic database

2 day(s) ago

News | The Economy

‘Injured and hurting’: Israel roiled as Netanyahu is forced to retreat

Veteran leader suspends divisive overhaul after plan for judicial reform plunges Israel into biggest crisis in decades Read Full Story

‘Injured and hurting’: Israel roiled as Netanyahu is forced to retreat

2 day(s) ago

News | The Economy

Generative AI set to affect 300mn jobs across major economies

Technology could boost global GDP by 7% but also risks creating ‘significant disruption’ Read Full Story

Generative AI set to affect 300mn jobs across major economies

2 day(s) ago

News | The Economy

US bank stocks advance on mixed day for broad indices

Tech sector declines partially offset gains in lenders while Treasuries retreat Read Full Story

US bank stocks advance on mixed day for broad indices

2 day(s) ago

News | The Economy

Yousaf wins SNP leadership election

Scotland’s health secretary set to become first minister on Wednesday after securing 52% of vote Read Full Story

Yousaf wins SNP leadership election

2 day(s) ago

News | The Economy

Western groups leaving Russia face obligatory donation to Moscow

Move raises pressure on companies that have not made a complete exit since Ukraine was invaded Read Full Story

Western groups leaving Russia face obligatory donation to Moscow

2 day(s) ago

News | The Economy

Gopuff turns to rival Uber for rapid delivery help

US-based rapid grocery app feels the squeeze on demand after lockdown-driven boom Read Full Story

Gopuff turns to rival Uber for rapid delivery help

2 day(s) ago

News | The Economy

US says Biden has been ‘forthright’ with Netanyahu over Israel developments

US says Biden has been ‘forthright’ with Netanyahu over Israel developments

2 day(s) ago

News | The Economy

First German Leopard 2 tanks delivered to Ukraine

Further boost for Kyiv after recent tank consignments from Poland, Spain and the UK Read Full Story

First German Leopard 2 tanks delivered to Ukraine

2 day(s) ago

News | The Economy

Money pulled from eurozone banks at record rate in February

Outflows indicate difficulties in retaining deposits even before this month’s banking turmoil Read Full Story

Money pulled from eurozone banks at record rate in February

2 day(s) ago

News | The Economy

Scotland’s incoming first minister has a daunting in-tray

Humza Yousaf must heal SNP divisions, fix public services and outline a route to Scottish independence Read Full Story

Scotland’s incoming first minister has a daunting in-tray

2 day(s) ago

News | The Economy

Hungary approves Finland’s Nato membership in westward pivot

PM Viktor Orbán starts turning his back on Moscow as businesses seek to diversify Read Full Story

Hungary approves Finland’s Nato membership in westward pivot

2 day(s) ago

News | The Economy

Netanyahu delays judicial reforms after day of turmoil

Backtrack by Israeli government comes after mass protests bring much of the country to a halt Read Full Story

Netanyahu delays judicial reforms after day of turmoil

3 day(s) ago

News | The Economy

Top Fed official blasts SVB collapse as ‘textbook case of mismanagement’

Michael Barr said US central bank’s board had been briefed on troubles at California lender in mid-February Read Full Story

Top Fed official blasts SVB collapse as ‘textbook case of mismanagement’

3 day(s) ago

News | The Economy

Binance sued by US watchdog over registration rules

Chief executive Changpeng Zhao also named in complaint alleging US customer regulations were ignored Read Full Story

Binance sued by US watchdog over registration rules

3 day(s) ago

News | The Economy

World Bank warns global economy at risk of lost decade of growth

Fallout from pandemic and war in Ukraine could be exacerbated if financial turmoil sparks recession Read Full Story

World Bank warns global economy at risk of lost decade of growth

3 day(s) ago

News | The Economy

Humza Yousaf should beware the SNP’s new infighting habit

The loyalty and discipline the party was famed for has broken down of late Read Full Story

Humza Yousaf should beware the SNP’s new infighting habit

3 day(s) ago

News | The Economy

Twitter: at $20bn, the social media company is overvalued

If the company is valued on the same metric as Snap, the equity is worth nothing Read Full Story

Twitter: at $20bn, the social media company is overvalued

3 day(s) ago

News | The Economy

Saudi Aramco strengthens China ties with two refinery deals

Huge supply contracts come as Russia eats into Saudi Arabia’s share of world’s largest oil import market Read Full Story

Saudi Aramco strengthens China ties with two refinery deals

3 day(s) ago

News | The Economy

First Citizens shares surge after Silicon Valley Bank deal

Acquisition of tech-focused lender’s deposits and loans follows last week’s sale of Signature Bank Read Full Story

First Citizens shares surge after Silicon Valley Bank deal

3 day(s) ago

News | The Economy

Elliott scraps plans to nominate directors to Salesforce board

Rare retreat for activist investor comes after software group posted better than average earnings Read Full Story

Elliott scraps plans to nominate directors to Salesforce board

3 day(s) ago

News | The Economy

Investors slash expectations of global rate rises after banking turmoil

Markets now bet US, Canada and Brazil will cut borrowing costs before the autumn Read Full Story

Investors slash expectations of global rate rises after banking turmoil

3 day(s) ago

News | The Economy

China, Japan and the Ukraine war

The merging of geopolitical rivalries in Asia and Europe has disturbing echoes of the 1930s Read Full Story

China, Japan and the Ukraine war

3 day(s) ago

News | The Economy

Burkina Faso bans France 24 news channel over terror leader interview

Station’s licence suspended after air time given to the head of al-Qaeda in the Islamic Maghreb Read Full Story

Burkina Faso bans France 24 news channel over terror leader interview

3 day(s) ago

News | The Economy

BioNTech forecasts slump in revenues as demand for Covid jab wanes

Expected fall highlights challenges for pharmaceutical companies that experienced pandemic windfall Read Full Story

BioNTech forecasts slump in revenues as demand for Covid jab wanes

3 day(s) ago

News | The Economy

Workers’ strikes lead to German transport system chaos

Misery for commuters and freight traffic severely disrupted as unions say people are ‘fed up’ with the cost of living crisis Read Full Story

Workers’ strikes lead to German transport system chaos

3 day(s) ago

News | The Economy

Jack Ma returns to China as Beijing seeks to lift confidence in tech sector

Alibaba founder makes rare public visit that country hopes will reinvigorate entrepreneurial class Read Full Story

Jack Ma returns to China as Beijing seeks to lift confidence in tech sector

3 day(s) ago

News | The Economy

China vows tougher scrutiny of auditors including Big Four firms

Vice-minister tells Deloitte chair that Beijing will step up oversight of accounting groups after record fine Read Full Story

China vows tougher scrutiny of auditors including Big Four firms

3 day(s) ago

News | The Economy

Saudi National Bank chair resigns following Credit Suisse comments

Swiss lender’s shares fell this month after Ammar Alkhudairy’s remarks Read Full Story

Saudi National Bank chair resigns following Credit Suisse comments

3 day(s) ago

News | The Economy

Twitter takes legal action over source code leak

Social media company seeks subpoena and removal of software instructions from GitHub Read Full Story

Twitter takes legal action over source code leak

3 day(s) ago

News | The Economy

US transparency laws trigger disputes over pay disparities

Employers face ‘upset’ workers as they learn what colleagues earn for the first time Read Full Story

US transparency laws trigger disputes over pay disparities

3 day(s) ago

News | The Economy

Wind sector faces supply chain crunch this decade, industry body warns

Sustained demand for key components likely to lead to shortages, says Global Wind Energy Council Read Full Story

Wind sector faces supply chain crunch this decade, industry body warns

3 day(s) ago

News | The Economy

Crippling dollar shortage underscores vulnerability of Iraq’s oil-based economy

Attempts to control a monetary crisis have had unintended consequences for a country struggling to get back on its feet Read Full Story

Crippling dollar shortage underscores vulnerability of Iraq’s oil-based economy

3 day(s) ago

News | The Economy

Italy’s shift away from Russian gas clashes with its climate targets

New policy phasing out support for fossil fuel projects overseas has loopholes, say experts Read Full Story

Italy’s shift away from Russian gas clashes with its climate targets

3 day(s) ago

News | The Economy

European battery makers welcome EU response to US subsidies

Industry executives say they are encouraged by Brussels’ response to the IRA but urge quick action Read Full Story

European battery makers welcome EU response to US subsidies

3 day(s) ago

News | The Economy

The cloud over China’s entrepreneurs raises capital flight risk

If investors had hoped Beijing crackdown was over, the disappearance of a dealmaker has fuelled worries over the contrary Read Full Story

The cloud over China’s entrepreneurs raises capital flight risk

3 day(s) ago

News | The Economy

Credit Suisse’s demise: a new twist on the ‘Swiss finish’

The bank’s fall has profoundly damaged Switzerland’s reputation in investment banking, wealth management and regulation Read Full Story

Credit Suisse’s demise: a new twist on the ‘Swiss finish’

3 day(s) ago

News | The Economy

Rebellion in Iran: how far will the regime go?

Hardliners strike a defiant tone in public, but behind the scenes there is debate about how to respond to demands for change Read Full Story

Rebellion in Iran: how far will the regime go?

3 day(s) ago

News | The Economy

A new technology boom is at hand

Consumer tech might no longer be a growth area, but the digitisation of industry has just begun Read Full Story

A new technology boom is at hand

3 day(s) ago

News | The Economy

Hedge funds scale back bets against Scottish Mortgage

Investors close short positions in expectation that share price may be nearing bottom Read Full Story

Hedge funds scale back bets against Scottish Mortgage

3 day(s) ago

News | The Economy

Matthew Desmond: ‘America does so much more to subsidise affluence than alleviate poverty’

The sociologist believes the US is stacked against the poor and decisions by the rich are to blame Read Full Story

Matthew Desmond: ‘America does so much more to subsidise affluence than alleviate poverty’

3 day(s) ago

News | The Economy

EU and UK ramp up talks on defence co-operation

Northern Ireland deal paves way for dialogue on cyber security and counter-terrorism Read Full Story

EU and UK ramp up talks on defence co-operation

3 day(s) ago

News | The Economy

China’s economic rebound weaker than expected, warns Maersk

One of world’s largest shipping groups says country’s consumers are still ‘stunned’ by Covid disruptions Read Full Story

China’s economic rebound weaker than expected, warns Maersk

3 day(s) ago

News | The Economy

Crypto groups expand in Hong Kong in bid to tap mainland China demand

Asia’s financial hub is working to lure exchanges moving out of Singapore Read Full Story

Crypto groups expand in Hong Kong in bid to tap mainland China demand

3 day(s) ago

News | The Economy

Israel protests intensify after Netanyahu sacks defence minister

Furious reaction to Yoav Gallant being fired for warning that judicial overhaul poses ‘immediate danger’ to national security Read Full Story

Israel protests intensify after Netanyahu sacks defence minister

3 day(s) ago

News | The Economy

European ammunition maker says plant expansion hit by energy-guzzling TikTok site

Norwegian group Nammo blames ‘storage of cat videos’ for threatening its growth as data centre corners spare electricity Read Full Story

European ammunition maker says plant expansion hit by energy-guzzling TikTok site

3 day(s) ago

News | The Economy

Money market funds swell by over $286bn as investors pull deposits from banks

Goldman Sachs, JPMorgan Chase and Fidelity benefit from big inflows amid turmoil in financial sector Read Full Story

Money market funds swell by over $286bn as investors pull deposits from banks

4 day(s) ago

News | The Economy

Wine growers fear funding will wither after fall of Silicon Valley Bank

The tech lender was a crucial pillar to vintners north of San Francisco Read Full Story

Wine growers fear funding will wither after fall of Silicon Valley Bank

4 day(s) ago

News | The Economy

France braced for fresh protests testing Macron’s handling of crisis

Unions to hold another day of strikes on Tuesday after violent outbursts at recent demonstrations Read Full Story

France braced for fresh protests testing Macron’s handling of crisis

4 day(s) ago

News | The Economy

Italy seizes Banksy-funded rescue ship as migrant crossings surge

Activists say MV Louise Michel was detained after delivering 180 rescued people to Lampedusa Read Full Story

Italy seizes Banksy-funded rescue ship as migrant crossings surge

4 day(s) ago

News | The Economy

Poland’s PM confident US Republicans will not backtrack on Ukraine

Mateusz Morawiecki says Florida governor Ron DeSantis’s comments are part of political ‘poker game’ Read Full Story

Poland’s PM confident US Republicans will not backtrack on Ukraine

4 day(s) ago

News | The Economy

Air India boss hails biggest turnround effort in airline’s history

Campbell Wilson hopes to return privatised carrier to ‘upper echelons’ of global aviation Read Full Story

Air India boss hails biggest turnround effort in airline’s history

4 day(s) ago

News | The Economy

The unstoppable rise of government rescues

A maximalist culture of bailouts and state support is bloating and thereby destabilising the global financial system Read Full Story

The unstoppable rise of government rescues

4 day(s) ago

News | The Economy

Vladimir Putin plans to deploy tactical nuclear weapons in Belarus

Russian president denies the move would violate Moscow’s non-proliferation obligations Read Full Story

Vladimir Putin plans to deploy tactical nuclear weapons in Belarus

4 day(s) ago

News | The Economy

Powell and Yellen struggle to calm nerves in banking crisis

Policymakers have been criticised by some for not sending clear enough message after tumultuous two weeks Read Full Story

Powell and Yellen struggle to calm nerves in banking crisis

4 day(s) ago

News | The Economy

Altria makes fresh bet on vaping as it tries to move beyond Juul loss

Owner of the Marlboro brand in the US seeks to double revenues from smokeless products Read Full Story

Altria makes fresh bet on vaping as it tries to move beyond Juul loss

4 day(s) ago

News | The Economy

IMF’s Georgieva warns of increased risks to financial stability

Fund head warns uncertainties in the world economy remain “exceptionally high” Read Full Story

IMF’s Georgieva warns of increased risks to financial stability

4 day(s) ago

News | The Economy

Bank failures: lessons of past crises echo today

While intervening in bank runs limits the damage, it dilutes the incentive to guard against financial risks Read Full Story

Bank failures: lessons of past crises echo today

4 day(s) ago

News | The Economy

No more ‘dangerous’ money printing to fund war, vows Ukraine central bank chief

Andriy Pyshnyy says printing money ‘created huge risks for macro-financial stability’ Read Full Story

No more ‘dangerous’ money printing to fund war, vows Ukraine central bank chief

4 day(s) ago

News | The Economy

European investors bet on defence as war creates opportunities for growth

Private equity and venture funds seek to capitalise on rise in military spending following Ukraine invasion Read Full Story

European investors bet on defence as war creates opportunities for growth

4 day(s) ago

News | The Economy

City braces for tighter regulation after banking turmoil

The failures of SVB and Credit Suisse could pause plans to water down post-crisis rules Read Full Story

City braces for tighter regulation after banking turmoil

4 day(s) ago

News | The Economy

Libyan state oil chief stresses support across divided country

National Oil Corporation chair outlines plans to increase investment and lift production to 2mn b/d Read Full Story

Libyan state oil chief stresses support across divided country

4 day(s) ago

News | The Economy

The teen mental health crisis: a reckoning for Big Tech

A growing body of evidence links a rise in depression in children to social media use. Will it lead to more regulation? Read Full Story

The teen mental health crisis: a reckoning for Big Tech

4 day(s) ago

News | The Economy

German defence minister shoots to fame as country pivots on security

Boris Pistorius described as someone who can ‘explain in minutes why it’s right to deliver weapons to Ukraine’ Read Full Story

German defence minister shoots to fame as country pivots on security

4 day(s) ago

News | The Economy

Europe’s big battery hope Northvolt in talks to secure over $5bn in funding

Swedish start-up has become the main European challenger to the big Asian companies that dominate the industry Read Full Story

Europe’s big battery hope Northvolt in talks to secure over $5bn in funding

4 day(s) ago

News | The Economy

Why five days in the office doesn’t add up

Hybrid working helps keep staff and lowers office costs — but some pushback will continue Read Full Story

Why five days in the office doesn’t add up

4 day(s) ago

News | The Economy

‘A devastating impact’: SVB’s collapse leaves start-ups with a funding hole

Bank was pioneer and linchpin of venture debt market, a key alternative source of funding Read Full Story

‘A devastating impact’: SVB’s collapse leaves start-ups with a funding hole

4 day(s) ago

News | The Economy

Panama warns of surge in US-bound migration through deadly jungle

People fleeing poverty and repression are often unaware of dangers of terrain infested by bandits and snakes Read Full Story

Panama warns of surge in US-bound migration through deadly jungle

4 day(s) ago

News | The Economy

Russia embraces China’s renminbi in face of western sanctions

Shift away from using ‘toxic currencies’ for trade and reserves accompanies increase in yuan-denominated bank accounts Read Full Story

Russia embraces China’s renminbi in face of western sanctions

4 day(s) ago

News | The Economy

SoftBank’s LatAm fund co-head commits to further investments despite losses

Alex Szapiro says he is confident about securing extra capital from Japanese technology conglomerate Read Full Story

SoftBank’s LatAm fund co-head commits to further investments despite losses

4 day(s) ago

News | The Economy

Japanese banks take post-SVB hit over bond fears

Silicon Valley Bank’s fatal bet on hold-to-maturity treasuries has worrying echoes for Japan’s regional banks Read Full Story

Japanese banks take post-SVB hit over bond fears

4 day(s) ago

News | The Economy

China’s richest county suffers export slump as US tension hits factories

Taiwanese manufacturers in Kunshan are cutting staff and wages and pushing orders abroad over geopolitical risk Read Full Story

China’s richest county suffers export slump as US tension hits factories

4 day(s) ago

News | The Economy

Japan’s Daikin targets India as air-con and heat-pump manufacturing hub

World’s largest air-conditioner maker sees huge export potential and untapped domestic demand for cooling systems Read Full Story

Japan’s Daikin targets India as air-con and heat-pump manufacturing hub

4 day(s) ago

News | The Economy

Japan remains free from the tyranny of tipping

A recent attempt to kick-start the practice has floundered Read Full Story

Japan remains free from the tyranny of tipping

4 day(s) ago

News | The Economy

Israel’s defence minister calls for halt to judicial reforms

Yoav Gallant said polarisation over the issue risked undermining the nation’s security Read Full Story

Israel’s defence minister calls for halt to judicial reforms

4 day(s) ago

News | The Economy

Iraq wins landmark case against Turkey over Kurdish oil exports

Nine-year dispute over region’s energy sales settled by international court Read Full Story

Iraq wins landmark case against Turkey over Kurdish oil exports

4 day(s) ago

News | The Economy

Rules for winding up big banks do not work, Swiss finance minister warns

Karin Keller-Sutter says following the protocols ‘would have triggered an international financial crisis’ Read Full Story

Rules for winding up big banks do not work, Swiss finance minister warns

5 day(s) ago

News | The Economy

Brussels agrees deal with Germany in spat over combustion engines ban

EU will exempt cars which run on certain types of fuel from new law after lobbying from Berlin Read Full Story

Brussels agrees deal with Germany in spat over combustion engines ban

5 day(s) ago

News | The Economy

Traders pile into bets on gold price rally

Options buyers see scope for further gains as banking turmoil boosts metal’s safe haven appeal Read Full Story

Traders pile into bets on gold price rally

5 day(s) ago

News | The Economy

Tim Cook praises Apple’s ‘symbiotic’ relationship with China

Chief executive’s visit comes despite rising trade and geopolitical tensions between Beijing and US Read Full Story

Tim Cook praises Apple’s ‘symbiotic’ relationship with China

5 day(s) ago

News | The Economy

Macron confronts a mistrustful France

Battle over pensions reform points to deeper social and political cleavages in a discontented republic Read Full Story

Macron confronts a mistrustful France

5 day(s) ago

News | The Economy

Intel co-founder and key Silicon Valley figure Gordon Moore dies

Moore’s insight about how the cost of electronics would plunge made him a symbol of the industry’s advance Read Full Story

Intel co-founder and key Silicon Valley figure Gordon Moore dies

5 day(s) ago

News | The Economy

Jiang Yanyong, surgeon and Sars whistleblower, 1931-2023

The celebrated Chinese doctor suffered multiple political detentions Read Full Story

Jiang Yanyong, surgeon and Sars whistleblower, 1931-2023

5 day(s) ago

News | The Economy

A very Swiss identity crisis

The country’s sense of self as a haven for the world’s money and a beacon of neutrality is being shaken Read Full Story

A very Swiss identity crisis

5 day(s) ago

News | The Economy

Rupert Murdoch, last of the old romantics

Will it be fifth time lucky for the nonagenarian billionaire? Read Full Story

Rupert Murdoch, last of the old romantics

5 day(s) ago

News | The Economy

US bank deposits drop by $98bn as customers pull cash from small lenders

US bank deposits drop by $98bn as customers pull cash from small lenders

5 day(s) ago

News | The Economy

SEC raised concerns over hedge fund Rokos after losing bond bets

US regulator contacted UK authorities after large collateral calls Read Full Story

SEC raised concerns over hedge fund Rokos after losing bond bets

5 day(s) ago

News | The Economy

Top Democrats lash out at ‘new wave’ of Republican climate denialism

Clean energy advocates warn ‘Maga ideology’ and anti-ESG bills pose major risk to US industry and business Read Full Story

Top Democrats lash out at ‘new wave’ of Republican climate denialism

5 day(s) ago

News | The Economy

Deutsche Bank weighs on bank shares

German lender falls 8% as concerns linger over impact of interest rate rises while US stocks close day higher Read Full Story

Deutsche Bank weighs on bank shares

5 day(s) ago

News | The Economy

US stock market shrugs off bank woes as investors flock to Big Tech

S 500 has fallen just 0.7% this month despite clamour for safe assets and historic volatility in bond markets Read Full Story

US stock market shrugs off bank woes as investors flock to Big Tech

5 day(s) ago

News | The Economy

EY global chair says partners have ‘right to vote’ on spin-off plan

Appeal to partners comes after US boss calls for a pause in push to split the business Read Full Story

EY global chair says partners have ‘right to vote’ on spin-off plan

5 day(s) ago

News | The Economy

A fretful time for investors

Banking turmoil after the fall of Credit Suisse and US regional lenders leaves markets on edge Read Full Story

A fretful time for investors

5 day(s) ago

News | The Economy

Majority of Swiss want new UBS-Credit Suisse mega bank split up

Results of poll add momentum to calls for a review of the forced merger and for the clawing back of bonuses Read Full Story

Majority of Swiss want new UBS-Credit Suisse mega bank split up

5 day(s) ago

News | The Economy

Alvin Bragg, the district attorney who holds Trump’s charges in the balance

The son of Harlem is presiding over a case that threatens to split open an already divided nation Read Full Story

Alvin Bragg, the district attorney who holds Trump’s charges in the balance

6 day(s) ago

News | The Economy

UK regulator U-turns on Microsoft’s $75bn Activision deal

Surprise move clears big roadblock to global approval of acquisition of ‘Call of Duty’ maker Read Full Story

UK regulator U-turns on Microsoft’s $75bn Activision deal

6 day(s) ago

News | The Economy

Olaf Scholz dismisses fears over Deutsche Bank

Germany’s chancellor rejects Credit Suisse comparison as EU leaders seek to reassure markets after share slide Read Full Story

Olaf Scholz dismisses fears over Deutsche Bank

6 day(s) ago

News | The Economy

‘Hotel Rwanda’ film hero granted presidential pardon

Paul Rusesabagina, who saved hundreds of Tutsis during the genocide, was serving a 25-year sentence Read Full Story

‘Hotel Rwanda’ film hero granted presidential pardon

6 day(s) ago

News | The Economy

Binance suffers two-hour outage after software glitch

World’s biggest crypto exchange hit by technical issue in its trading systems Read Full Story

Binance suffers two-hour outage after software glitch

6 day(s) ago

News | The Economy

Crude prices fall as US holds off on replenishing reserves