Business

‘Revenge cycle’: South Korean crisis highlights deep political divide

Dramatic attempt to impose martial law exposes democratic vulnerabilities in highly polarised country

France’s political chaos casts long shadow over economic growth

“At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain ...

Autodesk CEO: AI can help the U.S. fix its crumbling infrastructure before it’s too late

The U.S. simply does not have enough labor or materials needed to prepare its infrastructure for an uncertain future, writes ...

Britain wants to take the U.S. on as a global crypto hub — but the industry has its doubts

Steven Bartlett, a U.K. entrepreneur and podcaster, questioned whether the country had the risk appetite to capitalize on crypto’s “generational ...

Activist shareholder intensifies campaign for Rio to quit London

Palliser Capital says dual structure has been an ‘unmitigated failure’ that cost shareholders $50bn of value

South Korea vows market support in wake of turmoil

Central bank says it is keeping all options open until situation stabilises

Fortune Best Cities in Europe For Business 2024

Whether you’re expanding your enterprise or seeking new investment opportunities, these 50 cities are poised to be the epicenters of ...

Squirrels, dogs and pygmy hippos: crypto’s multibillion-dollar ‘memecoin’ boom

Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market froth

Bundesbank chief calls for softer debt brake to ramp up investment

German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfalls

Claridge’s owner to triple its number of hotels as luxury travel booms

Maybourne wants to create a portfolio of properties, from Paris to New York and Dubai, in a decade

Tony’s Chocolonely is one of the fastest growing chocolatiers. But its boss says selling chocolate isn’t the main goal—shaking up the cocoa industry is

Tony’s Chocolonely has set itself apart with tongue-in-cheek marketing stunts… But it shares some of the same pains as other ...

Sails are making a triumphant comeback as cargo shipping looks to slash its huge carbon footprint with the power of wind

The shipping industry is turning to wind-assisted and pure-sail systems ahead of regulations that will force cargo ships to pay ...

South Korean president faces calls to step down

Opposition pushes for impeachment of Yoon Suk Yeol after failed attempt to impose martial law

BlackRock’s $12 billion purchase of HPS gives firm a bigger chunk of red-hot private credit market

BlackRock inks third big deal this year after scooping up GIP for $12.5 billion and Preqin for $3.2 bln. Read ...

The 4 ‘fatal flaws’ in Tesla’s bid to award Elon Musk $100 billion, according to the judge who dashed his pay

Defendants who lose at trial can’t just “hit reset” with a new stockholder vote, the chancellor concluded. Read More

Mehmet Oz endorsed products without noting financial ties, watchdog says

Oz regularly touted products from iHerb, a supplement company, in posts on X and other social media sites, without prominently noting ...

Bank of Korea holds emergency meeting after Yoon lifts martial law

The Bank of Korea is set to hold an emergency meeting Wednesday after South Korean President Yoon Suk Yeol lifted ...

Daylight savings could actually come to an end if Elon Musk and Vivek Ramaswamy’s new government efficiency board has its way

In a series of social media posts over the last week, the Tesla and SpaceX CEO has strongly suggested that ...

Walmart CEO shares lessons of drone delivery at Morgan Stanley gathering

The Fortune 500 veteran talked price segmentation at Morgan Stanley’s largest retail event of the year. Read More

A new Enron website just popped up declaring the disgraced company is back and hiring. Former employees who ‘lost everything’ think it’s a ‘sick joke’

An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst ...

Amazon unveils its Nova collection of AI models to compete with ChatGPT, Google, and Microsoft

Until now, Amazon’s AI offerings through its AWS cloud service had largely been limited to providing access to models from ...

These airlines saw the most delays and complaints in 2024

The worst performing airline in the world? That’s Tunisair, coming in last at No. 109. Read More

South Korea’s president abandons martial law, opposition demands immediate resignation over ‘insurrection’

“I don’t think South Korea’s civil society can recognise Yoon as a legitimate president any longer,” said Korea studies professor ...

Exclusive: Mark Zuckerberg publicly praises Meta’s Llama AI, but also uses rival GPT-4 to improve an internal AI coding tool

CEO Mark Zuckerberg has marketed Llama as a major contender in the AI model wars, saying it’s soon to be ...

Stocks making the biggest moves after hours: Salesforce, Okta, Box, Marvell Technology and more

These are the stocks posting the largest moves in extended trading.

Intel considers outsiders for CEO, including Marvell’s head

Candidates also would include Stacy Smith, a former Intel executive who joined the company’s board this year. Read More

Ramp up tax savings for the holiday season with these strategies

Don’t forget your favorite charities as you splurge on the holidays.

Traders brace for Friday’s jobs report, but Trump’s next move may matter more

Trump brings a high level of uncertainty that could make policy more important than the much-watched macro economic data.