Business

Why gay workers are being passed over for promotion

Despite enjoying increasing equality and representation in the workplace, gay workers face a glass ceiling much like women. Read More

End of the EV premium? Deflation hits car industry as Ford ups stakes in price war with Tesla

After Elon Musk threw down the gauntlet with his price cuts earlier this month, the pressure is on for rivals ...

People are much less likely to trust the medical system if they are from an ethnic minority, have disabilities, or identify as LGBTQ+, according to a first-of-its-kind study by Sanofi

In the U.S., 77% of people with disabilities, 69% of people from ethnic minorities, and 70% of LGBTQ+ people are ...

Exxon smashes Western oil majors’ earnings record with $56 billion profit for 2022

Exxon Mobil posted a $56 billion profit for 2022, setting not only a company record but a historic high for ...

France set to avoid recession as economy expands in fourth quarter

Foreign trade helps eurozone’s second-biggest economy beat expectations of no growth

France open to sending fighter jets to Ukraine

French president says ‘nothing is excluded’ after Biden rules out sending F-16s

European stocks edge lower as investors weigh shift in pace of rate rises

Trading in US equities likely to be subdued in run-up to Fed’s announcement

Top U.S., Chinese and Russian officials tour Africa as diplomatic charm offensive gathers pace

Russian Foreign Minister Sergei Lavrov, new Chinese Foreign Minister Qin Gang and U.S. Treasury Secretary Janet Yellen all embarked on ...

Boeing is delivering its last iconic 747 jumbo jet today

Over the past 15 years, Boeing and Airbus have introduced more profitable and fuel efficient wide-body planes, with only two ...

Gautam Adani clings to position as world’s richest Asian after Hindenburg report

The Adani stock rout is so bad that it’s even knocked India out of the world’s top five largest equity ...

Euro zone economy posts surprise expansion in the fourth quarter, curbing recession fears

Euro zone narrowly avoided a contraction as energy prices provide some relief.

UniCredit shares rise as bank hikes payout goal by 40% after record profit

UniCredit hiked one of the most ambitious payout targets among European banks, after posting its best profit in over a ...

Asia’s chipmakers fall as Samsung sees worst quarterly profit in 8 years

Chipmakers in Asia fell as South Korean conglomerate Samsung Electronics saw its worst profit decline since the third quarter of ...

South Dakota Republicans want to make you work if you’re on Medicaid even though that’s against federal law

In November, South Dakota voters approved the expansion of Medicaid eligibility to incomes at 138% of the federal poverty level. Read ...

Russian millionaire with ties to hacking Hillary Clinton campaign faces U.S. trial over stealing insider Tesla, Microsoft stock tips

Vladislav Klyushin is just one of the four accused co-conspirators of the nearly $90 million scheme. The others, including a ...

Racial scandal hits the Oscars as star-studded campaign for $27,000-grossing Andrea Riseborough film prompts Academy probe

Kate Winslet and Gwyneth Paltrow were among the Riseborough boosters. Now the white actress has a Best Actress bid and ...

The U.S. Treasury just said it plans to borrow another $932 billion in the first quarter of 2023

Technically, the federal government is hitting a $31.4 trillion “debt ceiling” limit. Read More

The White House is turning up the heat on insurance companies for fake charges and sees a $4.7 billion windfall over 10 years

Health and Human Services hasn’t been charging for diagnoses that aren’t reflected in Medicare Advantage patients’ medical records. That’s changing. ...

China’s January factory activity returns to growth as economists cheer its reopening

China’s factory activity bounced back in January and expanded for the first time since September, data from the national bureau ...

Paul Krugman reluctantly agrees with Larry Summers on one thing

Both economists think the U.S. Federal Reserve is just as likely to overestimate inflation as underestimate it. Read More

Upsurge in violence stokes fears of broader Israeli-Palestinian escalation

East Jerusalem synagogue attack and refugee camp raid have inflamed tensions on both sides

UBS gets a boost from higher rates, but lower client activity brings down revenues

Swiss bank UBS reported $7.6 billion of annual profit in full-year 2022, beating analyst expectations nearer to $7.3 billion.

Samsung defies pressure to rein in chip investment through downturn

Analysts still expect world’s biggest memory chip maker to slash output to counter supply glut and price falls

‘Colossal’ central bank buying drives gold demand to decade high

Fallout from US sanctions on Russia helped fuel 18 per cent leap in purchases last year

Nearly a year on from the supposed Russian exodus, most major companies have yet to withdraw

After Russia invaded Ukraine in February 2022, companies across the G-7 and European Union announced plans to cease business operations ...

Adani’s $2.4bn share sale enters final hours

Indian billionaire’s flagship company fights to secure backing

‘Hybrid identities’: why Germany is updating its citizenship rules

Sponsors of the bill say the idea of having ‘only one homeland is completely outdated’

Boeing to deliver last 747, a jumbo jet that ‘shrank the world’

End of production after more than 1,500 planes reflects market’s shift to more efficient models

How arming Ukraine is stretching the US defence industry

Detailed supply chain mapping of two weapons that changed the war reveals a complex web of companies under significant strain ...

The kids are alright after all

It was feared the pandemic would harm young people’s job prospects but so far that doesn’t appear to be true