Economist Adewale "Wally" Adeyemo listens to questions during his Senate Finance Committee nomination hearing to be Deputy Secretary of the Treasury in the Dirksen Senate Office Building, in Washingto

The fine comes as 19 individuals - including the son of former President Armando Guebuza - have gone on trial in Mozambique charged with bribery, embezzlement and money laundering. They deny the claim

After Facebook acquired the popular GIF repository Giphy (reportedly for $400 million), the UK's Competition and Markets Authority (CMA) launched an investigation to determine if the merger would less

Last week’s jobs report had terrible news for our economy: only 194,000 jobs were added in September. Buried in the report were figures that revealed a puzzling contradiction — businesses report 10 mi

McDonald’s has essentially achieved equal pay for women and other historically underrepresented groups across company-owned restaurant and corporate employees in the United States, the company announc

The high street chain Timpson has been praised for offering to pay for hormone replacement therapy (HRT) prescriptions for staff going through the menopause. MPs and charities welcomed the move, desc

Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving activity in ur

Heathrow will be allowed to raise significantly its landing charges from next summer, the aviation regulator has announced, although it has ruled out the near-doubling of charges proposed by the airpo

Another big infusion of cash from a major investor is making its way to a fintech out of the U.K. on the heels of strong growth. Today Zopa — a neobank with some 500,000 users in the U.K. where it pro

T he brothers behind the £6.8 billion takeover of Asda will not proceed with a planned separate £750 million deal to buy the grocer’s forecourt business. EG Group, the convenience and fuel retailer l

The firm's Clubcard programme already has 6.6 million users on its app, so the retailer is "well ahead of the curve" when it comes to using information on what a customer buys, or how they shop, to pe

The government said that giving the FCA oversight of firms like Klarna, Clearpay or Laybuy would mean that customers would be able to complain to the Financial Ombudsman if they were not happy with th

Australian slot machine manufacturer Aristocrat has agreed to acquire Playtech in a deal worth approximately £2.7bn (€3.2bn/$3.7bn) on an enterprise value basis. Aristocrat will pay 680 pence for eac

Oct 18 (Reuters) - Thousands of workers remain on strike across the United States demanding higher pay and better conditions despite Hollywood make-up artists and camera operators reaching a deal over

Uber is testing Pool Chance, a feature that lets riders heading in the same direction share the cost of the journey, in Kenya, with plans to roll out the low-cost service to Ghana and Nigeria. TechCru

They added: "As we have previously stated, we have an internal policy, which goes beyond that of any other retailer's policy that we're aware of, that prohibits the use of individual seller data to de

Oct 18 (Reuters) - Facebook Inc (FB.O) plans to create 10,000 jobs in the European Union over the next five years, the social media giant said on Monday, to help build the so-called metaverse - an onl

NEW YORK, Oct 15 (Reuters Breakingviews) - For regular investors, the bad old days really were bad. Plenty of people can remember when buying into mutual funds involved paying a so-called load of 8% u

A roaring trade in bullish crude-oil options says the 2021 energy rally is far from over. Traders once again are betting that the U.S. oil benchmark will surge above $100 a barrel, from a recent $82,

General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah Summary Brent touches highest since Oct 2018, WTI highest since Oct 2014

Truck drivers for the Los Angeles and Long Beach ports are receiving a multi-million settlement for alleged wage theft. The Los Angeles Times reports: “One of the world’s largest trucking companies,

Amazon is offering signing-up bonuses of up to £3,000 in areas of Britain with labour shortages, to attract workers in time for the Christmas surge in demand. The Food and Drink Federation says there

Domino's Pizza CEO Ritch Allison told CNBC's Jim Cramer the American restaurant industry is being hurt by a slowdown in immigration to the country. "It's a challenge. In the U.S. with minimal populat

The long sheds at North America’s largest bitcoin mine look endless in the Texas sun, packed with the type of machines that have helped the United States to become the new global hub for the digital c

Netflix's 'Squid Game' estimated to be worth about $900 million - Bloomberg News FILE PHOTO: A staff member wearing 'Squid Game' costume stands guard at Strawberry Cafe in Jakarta (Reuters) - "Squid

So much of what we accomplish in the workplace relies on building relationships and having the trust of our colleagues, and when we take the time to connect and understand each other, we position ours

A still image from a video showing how the rig will look once completed. Photo: The PIF An 800-room hotel and amusement park will be built on a massive oil drilling platform in the Arabian Gulf. The

Many users complain about having joined the Axie Infinity and other gaming projects too late. However, as with everything in crypto, the next great opportunity is always around the corner — meet the D

A deal has been struck between Hollywood's studios and a union representing its film and television crews that would avert a historic strike that has threatened to shut down production across the indu

Goldman Sachs (GS) - Get Goldman Sachs Group, Inc. (GS) Report posted much stronger -than-expected third quarter earnings Friday thanks in part to a surge in investment banking and capital markets rev

Microsoft has agreed to have an independent third-party study the potential impact of it making its devices easier to repair and to make changes based on those findings by the end of 2022, according t

Matthew Moulding, the boss of the online beauty, nutrition and technology services group THG, is to surrender his golden share in the company in an attempt to restore the City's confidence after a tor

(Bloomberg) -- China’s Civil Aviation Administration ordered five domestic and foreign airlines to suspend some flights from Monday after multiple coronavirus cases were found on board, it said in a s

About the author: Derek Thompson is a staff writer at The Atlantic, where he writes about economics, technology, and the media. He is the author of Hit Makers and the host of the podcast Crazy/Genius

The all-electric Porsche Taycan outsold the German automaker’s iconic internal combustion-powered 911 sports car in the first nine months of the year, a milestone for the EV that was introduced in lat

Yahoo Entertainment The all-new GMC Hummer EV was put through its paces on Wednesday’s Jay Leno’s Garage. General Motor design engineer Al Oppenheiser let Leno take a pre-production prototype off-roa