Business

Leaked Morgan Stanley documents reveal 1 in 4 ultra wealthy clients raise a red flag

More than 40,000 accounts at Morgan Stanley were deemed to be at a high risk of money laundering. Read More

Subway restaurant chain’s CEO Chidsey retires, replaced by interim chief

Subway Chief Executive Officer John Chidsey will retire at the end of 2024 after five years in the role at ...

Netanyahu unveils Lebanon ceasefire deal after year of conflict

Address by Israeli prime minister raises hopes of end to conflict with Hizbollah

City of London votes to close Smithfield meat market

Plans to move trading halls to a new, modern facility in Dagenham were shelved earlier this month

Labeling AI-generated content is not as easy as it seems

A case study of LinkedIn’s experience with C2PA content credentials highlights the tech’s ongoing challenges. Read More

Climate change is a global problem — it requires a global solution

The deal on financing agreed at COP29 is too little, too late

Trump is already pushing global markets around and he hasn’t even been sworn in

“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico ...

With stakeholder capitalism pioneers Schwab, Dimon, and Fink nearing retirement, who will carry the torch forward?

We can start by viewing business as the very human institution that it is. Read More

Oil producers warn Trump tariffs on Canada will push up US petrol prices

President-elect’s threat could add 25% to the cost of crude from US’s biggest foreign supplier

Vauxhall owner Stellantis announces plans to close Luton van plant

Move puts 1,100 jobs at risk as auto group consolidates UK operations

AI boom drives shares of sleepy Texas land firm up 200%

Texas Pacific Land Corp. owns nearly 900,000 acres in energy-rich West Texas, an area greater in size than Yosemite National ...

UK spending watchdog refuses to sign off government accounts

National Audit Office criticises ‘material and pervasive’ gaps in public sector audits

How to deal with Trump’s tariff threats

Canada, Mexico and China have options to avoid a trade war

The real reason Spain’s economy is bucking the trend of European decline

The 2022 Startup Law has provided a more favorable legal and financial framework for creating and scaling emerging companies in Spain. ...

Mexico hits back as Trump’s tariff threat shakes markets

President Claudia Sheinbaum hints at retaliation and says US southern neighbour is tackling migrant and drug problem

Billionaires are most likely to live in one of these 15 wealthy cities 

The ultra-rich are gravitating toward these global cities. Read More

Malala Yousafzai, Jennifer Lawrence hope their new documentary ‘Bread and Roses’ puts Afghan women’s rights at the top of the global agenda

“Bread and Roses” follows women in Afghanistan after the Taliban’s takeover in 2021. Read More

Uniswap offers biggest ever ‘bug bounty’, promises up to $15.5 million to those who spot code vulnerabilities

The company is asking the public to seek out vulnerabilities in its v4 protocol. Read More

How did a Macy’s worker conceal up to $154 million in fake expenses? Experts weigh in

The company has delayed its full third-quarter earnings report until Dec. 11. Read More

Biden administration will loan $6.6 billion to Rivian to finish Georgia factory that stalled as EV maker struggled

It’s unclear whether the administration can complete the loan before Donald Trump becomes president again in less than two months, ...

More business leaders are taking fully paid sabbaticals and reaping the benefits

Executives who take time off find there are advantages for themselves and their companies. Read More

LVMH’s Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80

The Arnaults’ clout in the luxury world has conjured “Succession” parallels over who might take over. But Bernard Arnault doesn’t ...

Qualcomm’s Intel interest has reportedly cooled

For now, anyway. Read More

Hong Kong same-sex couples win housing and inheritance rights

Chief judge Andrew Cheung said policies that excluded same-sex couples from public rental flats and subsidized flats sold under the ...

Where Trump could surprise on the upside

The danger posed by the president-elect lies most obviously at home not abroad

Senior UK bankers to receive bonuses faster under new rules

Bank of England proposes relaxation of restrictions dating from financial crisis

Marc Andreessen doesn’t want to see anyone’s ‘whole self’ at work: ‘Act like a professional and a grown-up’

It comes as a number of workplaces, like Meta and EY, have come down hard on staffers they feel aren’t ...

Exclusive: Wherobots, cloud-based geospatial data platform, closes $21.5 million Series A

Wherobots has closed its $21.5 million Series A, led by Felicis, Fortune can exclusively report. Read More

EU seeks tariff countermeasures as Spanish olive duties hint at looming U.S. trade war

The request was filed at a meeting of the WTO’s Dispute Settlement Body (DSB) after Washington challenged “the amount of ...