Category: Economy

December penalties are turning into an annual tradition for mid-tier UK lender Metro Bank. Last year, the Prudential Regulation Authority handed out a £5.4mn fine for financial reporting failings. On...

News Corp has named Emma Tucker as the editor-in-chief of the Wall Street Journal, the first woman to lead the Rupert Murdoch-owned newspaper.Tucker is set to replace Matt Murray, a...

US tech giants have a penchant for taking stakes in start-ups they do business with. Microsoft, valued at $1.83tn, qualifies as the former. The London Stock Exchange Group, established in...

Once upon a time you had to go to a bank branch to carry out transactions. Today, you can move money at the click of a mobile app button. Courtesy...

Shoppers carry bags of purchased merchandise at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania.Mark Makela | Getty ImagesConsumers grew more optimistic about inflation...

Chefs who over-season dishes are kicked off TV cooking shows as regularly as bakers who produce cakes with soggy bottoms. Flavourings companies are themselves too abundant, prompting consolidation. Novozymes is...

Credit Suisse has secured rights to the name “First Boston” in its push to spin off its investment bank. Can the new CS First Boston recapture the glories of the...

At this time last year, economists were hopeful that snarls in global shipping and manufacturing would soon clear; consumer spending would shift away from goods and back to services; and...

Business software provider Coupa Software is being taken over by Thoma Bravo for $8bn as the US based buyout firm steps up a deal spree to take advantage of falling...