Top EU policymakers have pledged to overhaul ethical standards in the wake of the European parliament’s bribery scandal, tackling a culture of “impunity” that some former MPs have warned will be difficult to eradicate. Věra Jourová, vice-president of the European…
Regulatory oversight forced Hangzhou-based Ant Group to postpone plans for a massive IPO in 2020. Vcg China Visual Group | Getty Images BEIJING – Ant Group’s consumer finance unit has secured approval to more than double its registered capital, marking…
Elon Musk is trying to reduce expenses at Twitter to close to zero as his personal wealth shrinks — and that certainly includes cutting rent payments on the company’s offices. Twitter owes $136,260 in back rent on its 30th-floor offices…
Proposals by Israel’s new far-right government for far-reaching changes in the administration of the occupied West Bank prompted warnings from opposition figures and Palestinian groups even before Benjamin Netanyahu officially returned as prime minister last week. But the intervention of…
Last year was one of the worst for the stock market in more than a decade. The three main US indexes – S & P 500 , Dow Jones Industrial Average and Nasdaq Composite – all scored the worst year…
Across the country, mortgage brokers and builders are scrambling as millions of potential buyers sit on the sidelines after last year’s historic mortgage rate shock. The numbers aren’t good: On a year-over-year basis, mortgage purchase applications are down 36.4% and…
UK food inflation continued to rise in December, according to new sector data that showed “another tough year for consumers and businesses”. The annual growth of British food prices reached 13.3 percent in December, the British Retail Consortium said on…
Sometimes, a little perspective is needed in order to produce a certain statistical magnitude. That is small with gigantic losses tallied by Apple and Amazon last year. Both stocks are the biggest losers in market capitalization in 2022. Apple lost…
Unable to elect Republican leader Kevin McCarthy as the new House speaker on Tuesday, Republicans adjourned the day in chaos as the party tried to regroup from its historic defeat after a long and tumultuous start to the new Congress.…
The killing of dozens of Russian soldiers in a Kyiv-led missile attack on a barracks in occupied eastern Ukraine has fueled recriminations in Moscow over its conduct of the war – and raised new questions about the military’s capacity to…