Glencore has been ordered to pay £276.4mn by a London judge for running a bribery and corruption network to secure favourable access to oil across Africa.A UK subsidiary of the...
The cost of labor rose less than expected, but low productivity helped keep the pressure on inflation in the third quarter, according to Labor Department data released Thursday.Unit labor costs,...
Cathie Wood has strong views on INNOVATION. Earlier this year she launched the ARK Venture Fund to invest in both public and private technology companies, “doubling down on innovation” as...
Lenovo, the world’s largest computer maker, has posted its first sales decline in more than two years after the global PC market suffered its worst quarterly downturn on record.A zero-Covid...
Moderna cut its forecast for Covid-19 vaccine sales this year, citing delays in deliveries linked to short-term supply constraints, sending its shares down more than 12 per cent in pre-market...
An underwriter who signed off on billions of dollars of insurance policies for Greensill Capital ahead of its collapse has alleged that the finance company “induced” him into providing cover...
Harbour Energy, the biggest oil and gas producer in the UK North Sea, has warned the government that it may be forced to reconsider investments in the country if the...
Seven unnamed UK lenders have agreed to pay £12mn in compensation to customers treated unfairly after falling into difficulty during the Covid pandemic, the financial watchdog has said.The Financial Conduct...
Summer 2021 was Europe’s hottest ever — until summer 2022 arrived and smashed the record set only a year before. Such events are made much more likely by climate change,...
Of all the interesting, simplistic, or downright moronic arguments aimed against passive investing over the years, that the phenomenon would lead to an unhealthy concentration of corporate power always felt...