Elon Musk braces for $56 billion battle with heavy metal drummer
Elon Musk has taken on Detroit's automakers, short-sellers and securities regulators.
UK hiring falls as political upheaval adds to employers' worries
British employers cut their hiring of permanent staff via recruitment firms for the first time in nearly two years in October as the country's political upheaval added to concerns about the economy, a survey showed on Thursday.
As Musk focuses on Twitter, his $56 billion Tesla pay goes to trial
As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker.
Analysis-Airlines reboot as COVID sparks a revolution in one-day business trips
Airlines around the world are ripping up schedules and bringing in new flights to cope with a COVID-triggered trend in corporate travel for executives like Jerome Harris - the scrapping of one-day business trips in favour of longer stays.
Twitter says layoffs to begin Friday
Twitter said it will start laying off employees on Friday, according to a memo sent to staff, with several workers filing a lawsuit alleging the move by new owner billionaire Elon Musk violates US labor law.
UK watchdog tells companies to reveal more about meeting shareholders
Companies fail to reveal if meetings with shareholders alter their behaviour, such as in setting pay for top executives, Britain's corporate governance regulator said on Thursday.
Energy crisis chips away at Europe's industrial might
Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter.
Hyundai's bright profit view clouded by U.S. EV concerns
Hyundai Motor Co raised earnings guidance on Monday, buoyed by premium vehicle sales and a foreign exchange lift, but disappointing quarterly results and an uncertain U.S.
EU leaders fight for common ground on energy prices
EU leaders are set for tough talks on how to handle Europe's energy shock Thursday.
UK crisis forces 'off kilter' businesses to halt investment
British company owners are pulling investments as a crisis triggered in Westminster pushes up borrowing costs and hits confidence in an economy once seen by businesses as a haven of stability.
BP to buy US renewable gas firm for $4.1 bn
BP will pay $3.3 billion in cash plus around $800 million in debt, while the purchase remains subject to regulatory and Archaea shareholder approvals.
Analysis-Despite tax U-turn, UK's Hunt still faces tough budget choices
The screeching about-turn on tax cuts by finance minister Jeremy Hunt on Monday will not spare Britain from painful spending cuts and new tax hikes to fix the country's public finances.
European airlines see travel withstanding consumer squeeze for now
British Airways-owner IAG, Europe's biggest airline Ryanair and rival easyJet said demand for travel was holding up, calming worries that pressure on household budgets could stall aviation's recovery from the pandemic.
Australia's Qantas forecasts return to first-half profit as conditions improve
Qantas Airways Ltd will return to a profit in the first half for the first time since the pandemic began as demand rebounds and it focuses on ensuring reliable operations and sweetens its wages offer to employees, its chief executive said.
London Stock Exchange sets listing rules for carbon cutters
The London Stock Exchange has become the first major bourse to set listing rules for companies that finance carbon reduction projects, as part of efforts to grow the market and make it more transparent, its chief executive told Reuters.
EU leaders struggle for common response to energy crisis
EU leaders meeting in Prague on Friday looked to bridge divisions on how to tackle soaring energy prices as they grapple with the fallout from Russia's war on Ukraine.
Twitter surges as Musk proposes going through with deal
Twitter Inc's stock surged on Tuesday after billionaire Elon Musk proposed to go ahead with his takeover of the social media platform at $54.20 per share.
Shell CEO hints energy firms should pay more tax
Ben van Beurden, who leaves Shell at the end of this year, was addressing the Energy Intelligence Forum industry gathering.
Sweden sends diving vessel to probe leaking Nord Stream pipelines
Sweden sent a diving vessel on Monday to the site of Russian gas pipelines in the Baltic Sea that ruptured last week following blasts in the area, to probe an incident that has added new tension to Europe's energy crisis.
Barclays to pay $361 million over securities selling blunder
The bank had failed to implement any internal controls to track such transactions in real time, the SEC found.
EU executive proposes new 'biting' sanctions on Russia for Ukraine escalation
European Commission President Ursula von der Leyen on Wednesday proposed fresh sanctions against Russia over its war against Ukraine, including further trade restrictions, individual blacklistings and an oil price cap for third countries.
Pregnant woman 'crushed to death' by loan recovery agents for £1,300 in India
A 27-year-old pregnant woman was crushed to death allegedly by the recovery agent of a finance company in the Indian state of Jharkhand on Thursday.
With Charles king, His Prince's Trust Youth Charity goes on
A British youth charity set up by the then Prince Charles in the 1970s that has helped a million young people, including actor Idris Elba, to get training, find work or create community projects will continue to operate now he is monarch.
EU seeks $140 billion to cope with energy crisis as utilities teeter
The European Union's executive outlined plans on Wednesday for raising more than 140 billion euros ($140 billion) to cope with an energy crisis that has increased the prospect of winter fuel rationing, corporate insolvencies and economic recession.
Huge Queue As Hong Kongers Mourn Elizabeth II
Huge queue as Hong Kongers mourn Elizabeth II
With Queen Elizabeth's death, Republicans sense their chance
During Queen Elizabeth's 70-year reign, republican rumblings surfaced on occasion, but the affection and respect she enjoyed meant that the movement to do away with the monarchy struggled to make a lasting impression.
Brazil Broker Avenue Aims For 1 Million Clients After Itau Deal
Brazilian brokerage Avenue Holdings Inc expects to reach the 1 million customer mark soon, an executive said, after Brazil's largest private lender Itau Unibanco agreed to acquire a stake in the firm.
Digital nomads have rejected the office and now want to replace the nation state. But there is a darker side to this quest for global freedom
For a while, COVID-19 appeared to put the brakes on the nomadic dream, as most were forced to head home to western countries and the safety net of healthcare systems.
Water Recedes In Parts Of India's Bengaluru, Residents Venture Out
Flood waters receded on Wednesday in India's technology hub of Bengaluru, allowing normal life to resume in parts of the city after two days of incessant rain brought chaos and killed at least one person.
Rio Tinto Agrees To $3.3 Billion Deal For Rest Of Turquoise Hill
Rio Tinto on Thursday reached an in-principle agreement to buy the rest of Canadian firm Turquoise Hill Resources for $3.3 billion, which gives the global miner direct ownership of a giant copper mine in Mongolia.