Business

American company says Mexico president expropriated its $1.9 billion crocodile-filled quarries on the Caribbean coast

U.S. quarry company said the Mexican government carried out a de facto expropriation of its properties on Mexico’s Caribbean coast. ...

2,000 workers at Hawaii’s biggest hotel go on strike

More than 10,000 hotels workers across the U.S. went on strike on Labor Day weekend, with most ending after two or ...

America’s largest owner of single-family rental homes agrees to pay $48m to settle claims it saddled tenants with hidden fees

The FTC claims that Invitation Homes used “deceptive advertising and unfair practices” to charge millions of dollars in bogus fees. ...

Harris to unveil new manufacturing plans in ‘pragmatic’ pitch to business community

Vice President Kamala Harris has begun to catch up to Donald Trump’s polling lead on the economy, especially in the ...

UniCredit says it will not seek Commerzbank board seat

Chief executive Andrea Orcel tells conference ‘all scenarios are open’ after Italian bank built large stake in German rival

From Deloitte CEO to WNBA commissioner: Inside Cathy Engelbert’s daily routine

Cathy Engelbert worked at Big Four firm Deloitte for 33 years. Read More

California says ExxonMobil’s recycling program is broken—and the centerpiece of a ‘decades-long campaign of deception’

ExxonMobil alone produced 6 million tonnes of new single-use plastics in 2021, more than any of its competitors. Read More

OECD boosts Reeves with call to rewrite ‘short-termist’ fiscal rules

Chief economist said existing framework could lead to ‘deterioration of the public finances in the long run’

OECD presses governments on fiscal discipline, ‘but not austerity’

Paris-based organisation says big economies have ‘turned a corner’ on inflation and need to consolidate budgets

Starmer vows not to ‘chop legs off’ business by halting migrant workers

prime minister says UK needs skills strategy to become ‘less reliant’ on imported talent

Elon Musk risks multibillion dollar fines as X continues to pose a headache for the EU

The EU could calculate fines not just on the basis of X’s turnover—but on the revenues of Musk’s entire business ...

U.K. property portal Rightmove rebuffs Rupert Murdoch’s higher £6.1 billion takeover offer as ‘unattractive’

Third time isn’t the charm for REA’s takeover bid of Rightmove. Read More

Keir Starmer plays down significance of Storm Shadow decision for Ukraine

UK prime minister says country’s ‘victory plan’ will not be about sole issue of long-range missiles

Nelson Peltz’s Trian takes seat on Rentokil board

Trian head of research Brian Baldwin appointed as non-executive director following profit warning at pest control group

Trafigura signals new era as gas and power boss ascends to CEO

Trading house appoints 39-year-old former British soldier who has risen rapidly within the business

China test-fires intercontinental ballistic missile into Pacific

First major launch since hypersonic tests in 2021 offers show of force ahead of expected Biden-Xi phone call

PwC UK partner pay falls to £862,000 as growth slows

Average earnings slip 5% as profits slide on mounting costs

Meet the ex-Goldman wealth advisor who quit to solve Britain’s £567 billion gender investment gap

Ayesha Ofori launched Propelle, a female-focused financial investment platform, after realizing she had spent her career making “rich men richer.”

Britain’s grid battery storage record is maddening

The UK is great at building renewables but not the batteries needed to use green electricity effectively

Aim shares face ‘cliff edge’ if UK axes tax break, warns Peel Hunt boss

City fears that inheritance relief on small-cap stocks will be cut in Rachel Reeves’s Budget

Winner takes all in the Netflix adaptation of UK television

British creativity underlies shows such as ‘Baby Reindeer’ but smaller producers could be left behind

Combustion engine ban threatens ‘grave crisis’ for Europe, Italy says

Industry minister Adolfo Urso warns of large-scale job losses among carmakers unless Green Deal rules are relaxed

Uber’s next act: taking on Amazon

On top of ride-sharing and takeaways, the company’s couriers now transport goods for many retailers. But is it trying to ...

European diplomats lobby UK over plans to charge VAT on private education

Embassies argue international schools in London should be exempt from tax change

Nuclear finance will rely on consumers’ stomach for risk

Projects prove too tricky to fund through normal financing methods

Blume under pressure to unwind his dual role as CEO at Porsche and VW

Calls mount for Volkswagen chief to focus on restructuring as management tries to close German factories and cut jobs

US investigates China-backed venture firm over Silicon Valley dealmaking

FBI probe into Hone Capital comes after it became the most prolific early investor is US tech start-ups

COP29 host’s own climate plans are ‘critically insufficient’, says expert group

Pressure mounts on UN climate summit host Azerbaijan to upgrade its national plan to limit global warming

Military briefing: Israel’s ‘victory doctrine’ against Hizbollah

The Lebanese militant group fought Israel to a stalemate in 2006. Both sides tried to learn the lessons

Can you mastermind a US presidential campaign?

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