Business

On the economy, Harris and Trump are making the same mistake

Harris and Trump are trying to reshape investment and redistribute income and economic activity to their favored sectors. Read More

Hurricane Helene shuts down critical mines, endangering AI chip supply

The two mines provide high-purity quartz for semiconductors. Read More

How to make smart Medicare Open Enrollment choices for 2025

“It’s going to be challenging,” says expert Philip Moeller, who urges people to take their time. Read More

Goldman-backed Starling Bank hit with $38.5 million fine for financial crime prevention failures

London’s Financial Conduct Authority said it has fined Starling “for financial crime failings related to its financial sanctions screening.”

Longtime China bull Ray Dalio says Beijing now has to chose between ‘beautiful deleveraging’ and economic malaise

Billionaire investor Dalio says Beijing’s ‘big week’ of stimulus could be one for the history books Read More

Meta expands data accord with UK banks in push to cut online fraud

Tech group to roll out channel for sharing of transaction intelligence

Apollo is ready to dance on banking’s grave

Eras in financial services end or recede with the incumbents always the last to find out

Russia takes strategically important town of Vuhledar in eastern Ukraine

Steady advance in eastern Donetsk comes as Kyiv struggles to secure long-term western support

Anatomy of a trade: how UniCredit built its Commerzbank stake

Italian lender sidestepped bank ownership rules to build 21% position in German rival

A bitter feud risks ripping apart an $11 billion metals empire

Even in a country of large conglomerates like Korea, where inheritance fights are common, few involve private equity backers stepping into ...

Five of the top 10 most expensive cities to live in are in Europe—with four in Switzerland

According to Mercer’s latest ranking, these are the ten most expensive cities to make your home. Read More

Amazon’s RTO charge is just layoffs in disguise, experts say

The tech mammoth’s RTO push is wildly unpopular—and that could be exactly what it wants. Read More

Many women find their own breast cancer. So why are breast self-exams no longer recommended?

When it comes to preventing breast-cancer deaths, the incremental advantage of the self-exam is hard to demonstrate. But self-awareness is ...

Facebook owner Meta forms data-sharing pact with UK banks to counter scams

Meta is working with U.K. banks NatWest and Metro Bank on an information-sharing agreement to help them prevent customers from ...

European markets open slightly higher as investors look beyond Middle East tensions

European stocks opened slightly higher Wednesday as investors attempted to look beyond escalating tensions in the Middle East.

Israel strikes Beirut after Iran missile attack stokes fears of wider war

Benjamin Netanyahu has vowed to retaliate after dozens of missiles were launched into Israel

Malaysia bags another cloud deal from U.S. Big Tech with $6.5 billion pledge from Oracle

Oracle’s investment is one of the largest such pledges in Malaysia, superseding Amazon’s $6.2 billion project announced in August. Read ...

UK’s City minister pushes for blockchain gilts despite concerns

Treasury unit has raised questions over new technology

India’s economic mismatch: not enough jobs and not enough workers

Employment crisis looms over Narendra Modi’s third term as opposition looks to unseat ruling BJP in regional polls

Carney warns net zero will mean ‘significant’ stranded property assets

Real estate investors squeezed between falling valuations and pressure to upgrade energy efficiency

China says it filed an appeal to WTO over Canada’s tariffs on EVs and metals

Canada announced in August that it would impose 100% import tariffs on China-made EVs.

Debate highlights: Walz and Vance’s biggest economic battles

The economy had a starring role in the first, and likely only, vice presidential debate of the 2024 cycle. Read ...

Vance won the debate, but it probably will not matter

His performance offers a clue to the future of the Republican party

China property stocks surge to highest levels in a year as stimulus rally continues

Shares of most Hong Kong-listed Chinese property stocks surged to their highest in over a year, as China’s recent slew ...

Burberry brand value plunges 42% as group threatens to become long-term victim of the luxury slowdown

Burberry was the second-biggest faller in Kantar’s BrandZ ranking of brand value of 75 U.K. companies. Read More

Ireland reveals how it plans to spend ‘transformational’ $14 billion Apple tax windfall

Ireland’s government on Tuesday outlined how it intends to deploy more than $14 billion in back taxes from Apple.

Asia-Pacific markets fall as investors monitor Middle East tensions; Japan’s Nikkei down 1.6%

Asia-Pacific markets fell at open on Wednesday morning, following a poor start to the trading month on Wall Street.

Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation

Oil watchers are now factoring in a genuine threat to crude supplies after Iran launched a barrage of missiles on ...

South Korea inflation cools more than expected as rate cut talk grows

It was weaker than a median 1.9% increase tipped in a Reuters poll of economists and marked the weakest annual ...

Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten

Cryptocurrencies slid on Tuesday night, with bitcoin dropping back to $60,000. The crypto has had a shaky start to what ...