Business

Hong Kong is cutting its liquor tax to revitalize its once-vibrant nightlife and dining industry

Many residents now prefer to spend their weekends in mainland China, attracted by its lower prices and a wider variety ...

Hong Kong slashes tax on spirits to boost nightlife

Chinese territory’s chief executive John Lee tries to turn around economy amid fall in tourism and consumption

Saudi Arabia tightens its belt

After eight years of whirlwind construction activity and unprecedented spending, the kingdom’s new watchword is prudence

Has America lost its shame?

The brazenness of US politicians in the face of scandals is a defining feature of the era

Asian chip stocks fall on ASML’s disappointing forecast, possible U.S. export cap

Shares of Japanese semiconductor manufacturing firm Tokyo Electron logged the biggest loses, dropping nearly 10%.

UK inflation falls to 1.7% in September

Greater than expected drop opens door to more BoE rate cuts this year

UK inflation falls sharply to 1.7%, below Bank of England target for first time in over three years

Economists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank ...

Brussels seeks powers to block ‘killer acquisitions’ in Europe and beyond

Reforms would allow EU regulator to intervene on takeover deals where companies try to stymie smaller rivals

Klarna sells UK loans to hedge fund Elliott to fuel £30bn growth plan

Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolio

UK power stations burnt wood from old forest areas, Drax emails show

Internal review acknowledges pellets ‘highly likely’ to have come from ecologically-important areas in Canada

UK government should consider suing Post Office ex-directors over scandal, says Alan Bates

Victim of Horizon IT scandal says former executives failed in their duties

‘It slows everything down’: NHS doctors warn of safety risks from creaking tech

Plans to digitise health service must first tackle ‘flip a coin’ nature of equipment across UK, say medical staff

Why has your Big Mac become so much more expensive?

Governments and business are trying to work out who to blame for cheapflation

Four investment mistakes you really don’t want to repeat

It’s not easy, but the best investors learn from their errors

Trump PAC has raised about $7.5 million in crypto donations since early June

A political action committee supporting Donald Trump’s presidential bid has raised about $7.5 million in cryptocurrencies.

UAE has shown it can guarantee the ‘safety and the security’ of chips, G42 CEO says

The comments come as Washington reportedly continues to weigh limits on advanced chip sales to the Middle East over national ...

The solid-state batteries hype is fading – prompting auto giants to consider alternatives

Despite the hype around solid-state batteries, some analysts believe an alternative could serve as a bridge between these are traditional ...

Musk gives $75mn boost to Trump’s presidential run

World’s richest man aims to sway outcome of November election with donation

Defying gravity, making history, and changing the game in health

Day 2 of Fortune’s Most Powerful Women Summit delved into the stigmas around health that hold women back, while honoring ...

Employees want to know where they fit in as AI transforms workplace routines

Business leaders at Fortune’s Most Powerful Women conference said the advent of AI means workers need to identify the skills ...

‘Why the e.l.f. not?’ The beauty brand built an AI model to write social media comments

But, humans still review every post. Read More

A herpes misdiagnosis sent Hollywood icon Halle Berry on a crusade for all women 

“I realized that my own doctor didn’t really understand what was happening with my menopausal body,” the actress and entrepreneur ...

Ketanji Brown Jackson says her historic rise to the Supreme Court is thanks to the timing of her birth

“I think that it really was the timing of my birth that had a lot to do with my ability ...

Legendary Hollywood producer Debra Martin Chase almost quit the business 10 years ago. But Vernon Jordan convinced her to hold on

Entertainment industry powerhouses say sisterhood kept them on track in their careers. Read More

UK ministers pledge crackdown on rising car insurance costs

Watchdogs, industry and consumer groups instructed to join taskforce as part of push to tackle ‘spiralling’ prices

Wealthy non-doms lobby Reeves for Italian-style tax regime in UK

Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of rich

General Sir Michael Jackson, 1944-2024

Celebrated British soldier with varied and illustrious military career famed for clash with his Nato commander

Wall Street retreats from records as tech stocks drop

China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms ...

German airline Lufthansa slapped with $4 million fine after Jewish passengers denied boarding

They were traveling to attend an annual memorial event to honor an Orthodox rabbi. Read More