UBS (UBSG.S) on Friday said it will overhaul the board of its domestic Swiss business after its takeover of Credit Suisse, including a new chairman to oversee both operations.
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Relentless selling of US government bonds has brought Treasury yields to their highest level in more than a decade and a half, roiling everything from stocks to the real estate ...
Britain needs to better track funds going into green investments to assess how much is needed from the private sector and should consider targeted tax changes to encourage sustainable projects, ...
Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the conflict in the region, with some cancellations already taking effect, ...
You may never have to read another news story in your life, if you have artificial intelligence that can digest all the web’s information and serve up a summary ...
Finnish telecom gear group Nokia (NOKIA.HE) will cut up to 14,000 jobs to reduce costs, it said on Thursday, after weaker demand for next-generation 5G equipment lowered third-quarter sales by ...
Tesla (TSLA.O) CEO Elon Musk on Wednesday warned of difficulties in ramping up production of the automaker’s much-awaited Cybertruck electric pickup truck and announced that deliveries would begin ...
As shopkeeper Ben Selvaratnam recounted how his grocery store in south London was being targeted by shoplifters up to 10 times a day, he had to stop to eject two men ...
Airline executives on Wednesday called on Britain to draft new rules to allow carriers to share responsibility with air traffic control and airports for any disruptions to flights so the ...
Netflix (NFLX.O) increased subscription prices for some streaming plans in the United States, Britain and France on Wednesday as it shattered expectations for new customers, sending its shares surging 13 ...
A future British government should consider raising the Bank of England’s inflation target from 2 per cent to 3 per cent to give it more room for manoeuvre during economic downturns ...
Morgan Stanley’s (MS.N) third-quarter profit dropped less than expected as a strong performance in the bank’s wealth management division offset a hit from lethargic dealmaking.
The wealth ...
Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge a $1 annual fee for basic features.
The ...
Electric vehicle manufacturer Tesla on Tuesday urged the Biden administration to finalize much tougher fuel economy standards through 2032 than US regulators have proposed.
The National Highway Traffic Safety Administration (NHTSA) ...
Rolls-Royce (RR.L) said on Tuesday it would cut up to 2,500 jobs as its new chief executive seeks to build a more efficient business, the latest boss to attempt to ...
Growth in British workers’ regular pay – which is being watched closely by the Bank of England – slowed from a previous record high and job vacancies also dropped, official figures showed ...
The US auto regulator on Tuesday said Tesla (TSLA.O) will recall 54,676 Model X vehicles manufactured between 2021-2023, as the vehicle controller is likely to fail to detect low brake ...
Netflix’s (NFLX.O) crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases ...
Microsoft’s (MSFT.O) LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for ...
British clothing and food retailer Marks & Spencer (MKS.L) said on Monday it plans to recruit 10,000 temporary workers for the Christmas season, a more than 40 per cent increase on ...
Asking prices for homes in Britain have risen at their slowest pace for the time of year since 2008, property website Rightmove said on Monday in a latest sign of how ...
Finance executives at top British firms are more wary about borrowing than at any time since at least 2007, according to a survey which underscored how the climb in interest rates ...
Oil prices slipped on Monday after surging last week, with investors waiting to see if the Israel-Hamas conflict draws in other countries – a development that would potentially drive up prices ...
Big Tobacco firms including British American Tobacco (BATS.L) are selling heat sticks made from nicotine-infused substances such as rooibos tea, countering an incoming European Union ban on flavoured heated ...