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Brexit-backing fracking tycoon Jim Ratcliffe becomes Britain's richest man

Jim Ratcliffe topped the Sunday Times Rich List 2018 with an estimated worth of £21.05bn.

May 13, 2018

By Staff Reporter

Is there really a market for Open Banking?

Open Banking or PSD2 will enable third parties outside the traditional banking world to access customer data

May 11, 2018

By Sudhesh Giriyan

Starbucks makes bathrooms open to non-paying customers following racial firestorm

Coffee shop giant was humiliated after arrest of black man who asked to use the toilet in Philadelphia outlet went viral.

May 11, 2018

By Associated Press

Barclays CEO Jes Staley's hunt for whistleblower costs him £642,000 in FCA fine

Bank boss has apologised for his conduct, stressing his was a "honest" mistake.

May 11, 2018

By Associated Press

RBS agrees $4.9bn fine for misleading U.S investors in prelude to 2008 financial crisis

The British government could soon now sell its 72pc stake in Royal Bank of Scotland.

May 10, 2018

By Associated Press

Uber-style bankers could replace traditional branches

More than 2000 bank branches have closed in the UK since 2015.

May 10, 2018

By Puneet Taneja

Uber Scotland

Walmart breaks into India's massive online market with $16bn stake in Flipkart

Flipkart is established more than 800 Indian cities and makes 500,000 deliveries daily.

May 9, 2018

By Associated Press

India Amazon

Europe counts the cost as Trump dumps Iran nuclear deal and reimposes sanctions

Trump's decision on Iran means companies worldwide must stop doing business with the country or run afoul of the U.S. government.

May 9, 2018

By Associated Press

Iran

according-to-trump-the-u-s-is-a-piggy-bank-to-other-nations-and-rebuilt-china

As Beijing and Washington haggle China's trade surplus with US swells

U.S. officials visited Beijing last week for talks on cooling rising tensions between the world's two largest economies.

May 8, 2018

By Associated Press

Ireland: Facebook bans foreign ads as US anti-abortionists plot to influence referendum

Facebook has vowed to improve its transparency after revelations that political consultancy Cambridge Analytica harvested users' data.

May 8, 2018

By Associated Press

Facebook

Boris Johnson attacks Theresa May customs proposal as 'crazy'

Splits within British government deepen over the UK's future economic relationship with the European Union.

May 8, 2018

By Associated Press

Theresa May Brexit European Union

Billions on the line for firms as Trump weighs Iran pullout

For Western businesses, the 2015 nuclear deal meant access to Iran's largely untapped market of 80 million people.

May 6, 2018

By Associated Press

Iran

'We're not slaves': Korean Air pilots protest abuse by elite founding family

Protests by employees of a "chaebol," the family-controlled big businesses that dominate the South Korean economy, are rare.

May 5, 2018

By Associated Press

South Korea

California now world's 5th largest economy, surpassing UK

California's economy has a thriving technology sector in Silicon Valley, the world's entertainment capital in Hollywood and the nation's salad bowl.

May 5, 2018

By Associated Press

California Hollywood

Mnuchin: US having 'good conversations' in China trade talks

Analysts say chances for a breakthrough appear slim given the two sides' intensifying rivalry in strategic technologies, where China lags behind the U.S.

May 4, 2018

By Associated Press

EU predicts bright outlook for economy, tougher times for UK heading for Brexit

A decade after the financial and debt crisis ravaged the Eurozone the economic indicators are "flashing green."

May 3, 2018

By Associated Press

European Union Brexit European Central Bank

Trump Compliments Ivanka, Barely Mentions Tiffany During Rare Moment With Both Daughters

Is the honeymoon between Donald Trump and the financial markets over?

Pointers from the financial market's performance in 2018

May 3, 2018

By Carlo Alberto De Casa

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