Business
‘Putin’s banker’ Pugachev files $12 billion claim against Russia
A man once dubbed 'Putin’s banker’ is looking for some money, but this time it’s not for the President.
VW admits 11m cars have emission-cheat software as it sets aside $7bn
VW has admitted some 11 million cars worldwide were fitted with the suspect emissions-cheating software.
JB Hi-Fi apologises to man with Down Syndrome following store ban outrage
A woman whose brother was denied access to an Australian electronics store because he has Down Syndrome thinks the manager to be sacked.
Former peanut exec gets 28 years for salmonella outbreak that killed nine
A former peanut company executive was sentenced to 28 years in prison for his role in a deadly salmonella outbreak, the stiffest punishment ever handed...
Turmoil as VW and RSA see shares dive amid double dose of bad news
Shares in Volkswagen plunged the most in almost six years in Monday trading after U.S.
Atlantic City casino allowed to fire waitresses if they put on too much weight
A casino has been told it can fire its cocktail waitresses if they put on or lose up to 7% of their body weight.
Wing man’s story: Eatery chain ends ad campaign after comedian’s 9/11 lie
Buffalo Wild Wings will stop airing TV commercials featuring comedian Steve Rannazzisi, who said this week that he lied about being in the World Trade...
Now you see it, now you don’t: invisibility cloak nears reality
A cloak of invisibility may be common in science fiction but it is not so easy in the real world.
Gulp! Budweiser eyes takeover of Peroni to create $230bn mega-brewer
The two biggest brewers in the world are in takeover talks to create a $230bn (£150bn) booze giant, it has been revealed.
Hewlett Packard to axe 30,000 more jobs as severe cost-cutting continues
Hewlett-Packard is preparing to shed up to another 30,000 jobs as the Silicon Valley pioneer launches into a new era in the same cost-cutting mode that...
Ultimate diving machine: BMW boss faints at motor show press conference
It’s one way of making a lasting impression. BMW’s new chief executive Harald Krueger fainted Tuesday during a press briefing at the IAA auto...
Farmers feel the pain as food prices are hit by sharpest drop for 7 years
Food prices have been hit by their sharpest fall for seven years, bringing fresh woes for struggling farmers across the globe.
G20 finance chiefs see slowing growth but remain optimistic
The G20 group of top world economies on Saturday said that global economic expansion was slower than had been expected but expressed confidence that a...
Global markets fall after weak U.S. employment figures
World stock markets have dropped on new US employment figures, seen as crucial in determining whether the Federal Reserve will raise interest rates this...
Muddled jobs report leaves Fed in a ‘jam’ watching markets
The latest U.S. jobs report was not definitively good or bad enough to help the Federal Reserve decide whether to raise interest rates later this month,...
G20 finance chiefs meet to calm jitters over China slowdown
G20 finance ministers and central bank chiefs from the world’s top 20 economies met in Turkey on Friday hoping to calm the nerves of markets rattled...
With China quiet, U.S. market must prove it can heal itself
This is the first of five straight days when Chinese and U.S. stock markets will not be open on the same day.
Rebekah Brooks returns to News Corp four years after phone hacking scandal
News Corp, Rupert Murdoch’s media empire, has confirmed that Rebekah Brooks is returning to the top spot in London more than a year after she was...
World markets find calm after Chinese share sales storm
World markets are on course for a calmer day as China’s top share index is in positive territory after a shaky start to Wednesday trading.
Supergiant gas field found off Egypt is ‘largest ever in the Mediterranean’
A supergiant natural gas field – the largest in the Mediterranean Sea – has been discovered off the coast of Egypt.
Rumor has it: Journalist ‘confesses’ to sparking China market chaos
A financial journalist has “confessed” to causing “panic and disorder” on China’s stock market and inflicting “huge...
Goodbye Goodyear blimps … say hello to state-of-the art, 73mph superblimps
It has been a fixture in the skies above major sports events for years. But now the fabled Goodyear Blimp is being retired.
Millions ‘tricked into buying Nestle cat food produced using slave labor’
Food giant Nestle is being sued in the U.S for allegedly allowing its cat food to contain fish from a supplier that uses slave labor. Customers who...
China cuts interest rates to boost economy in wake of global stock crash
China is to cut core interest rates from tomorrow in a renewed bid to stimulate its slowing economy and help arrest a sell-off of Chinese stocks.
Great fall of China: Chinese stocks fall again after ‘Black Monday’
Chinese stocks have dropped again following a dramatic day that saw billions wiped off markets around Europe and the world.
Chinese stocks fall again after ‘Black Monday’
Chinese stocks have dropped again following a dramatic day that saw billions wiped off markets around Europe and the world.
£74bn wiped off value of FTSE as shares panic sends markets into a tailspin
Shares plunged across the globe on Monday as dealers were gripped with panic over the faltering Chinese economy.
£107bn wiped off value of FTSE as shares panic sends markets into a tailspin
Shares plunged across the globe on Monday as dealers were gripped with panic over the faltering Chinese economy.
Billions wiped off value of shares in global crash as markets ‘gripped by panic’
Shares plunged across the globe on Monday as dealers were gripped with panic over the faltering Chinese economy.
Billions wiped off value of shares as stock markets are ‘gripped by panic’
Shares have dived to new lows this morning, continuing stock market slides which plundered values worldwide last week.
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