Deutsche Bank warns of peril in borrowing from U.S. banks
Germany's Deutsche Bank has a stark warning to European companies borrowing from U.S. lenders: They will drop you when times get tough.
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Zara workers in Spain start protests to demand higher pay
Dozens of Zara shop assistants protested in Madrid on Thursday outside the global fashion giant's largest store to demand higher pay, and some workers in its home town in northwest Spain went on strike on the eve of its Black Friday sales campaign.
Nurses join other striking UK staff in two December walkouts
Numerous other public and private sector staff, from lawyers to airport ground personnel, have also held strikes this year.
Patagonia sues Gap for copying 'iconic' flap pocket
Patagonia Inc, the high-end outdoor clothing retailer, filed a lawsuit accusing Gap Inc of illegally copying the "iconic" snapped flap pocket it has used on fleece outerwear for more than three decades.
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Grinding inflation clouds 'Black Friday' shopping bonanza
Earnings reports from retailers in recent days have painted a mixed picture on consumer health.
UK defends Brexit deal despite economic woes
The Bank of England and the government's independent spending watchdog have both said Brexit has hurt the UK economy and plunged it to the brink of recession.
Volkswagen strikes below-inflation wage deal, continues German trend
Volkswagen on Wednesday agreed a two-year wage deal for workers at its western German factories, offering around 8.5% more pay, which was below inflation but above what other employers have yielded in recent weeks.
Credit Suisse expects Q4 pre-tax loss of $1.6 bn
Credit Suisse predicted a surprise fourth-quarter pre-tax loss of up to $1.6 billion as the beleaguered bank undertakes a radical overhaul, sending stocks tumbling again on Wednesday.
'Poorly managed' UK lottery license process in need of upheaval
Camelot and its technology supplier International Game Technology (IGT) is pursuing financial damages of up to £600 million.
EuroMillions: Who won the £56.7 million jackpot?
This Friday's jackpot is £67 million.
UK public finances worsen, as OECD warns on outlook
The government and OECD both see UK growth of above four percent this year.
Set for life: Who won the £3,600,000 jackpot?
There were 172,310 players who won smaller prizes ranging from £5-250.
Cryptoverse: Let's talk about DEX, baby
As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is.
Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares
Crypto products and funds saw inflows of $44 million, as of the week ended Nov. 18, but 75% of those flows represented investments in short crypto products, data showed.
Aviation execs worry about demand as post-pandemic honeymoon ends
The outlook for airlines has darkened as the post-pandemic boom in travel wears off and recession looms, with carriers focused on Britain particularly exposed, industry executives warned on Monday.
Analysis-China's great reopening may come too late for many businesses
The culinary tourism business of Brian Bergey and his wife Ruixi Hu has persevered in China through three years of harsh COVID-19 restrictions.
UK govt proposes pay cut for N.Ireland lawmakers
The assembly has been crippled since February following the withdrawal of its largest pro-UK party, the Democratic Unionist Party (DUP).
Recession-hit UK needs more migrant labour: business group
The UK has forecast its economy to shrink 1.4 percent next year, hit additionally by fallout from Brexit which has resulted in foreign workers returning home.
Tesla safety at centre of South Korean trial over fiery, fatal crash
In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall.
Volkswagen in talks with pre-IPO investors for battery unit
German carmaker Volkswagen is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of the subsidiary, two people familiar with the matter told Reuters.
From Apollo to DZ Bank, funds snap up bargains in UK pension scramble
Credit funds at Blackstone, Apollo, DZ Bank and Astra Asset Management picked up bargains from UK pension funds during their scramble for cash, and some say pension schemes are still offloading assets as pressures persist.
As recession bites, Tesco offers UK staff pay advance
Tesco, one of Britain's largest private-sector employers, is offering its staff advances on their pay in the latest sign of the distress arising from a worsening cost-of-living crisis.
Twitter exodus begins after Musk 'hardcore' ultimatum
Musk, also the CEO of Tesla and SpaceX, has come under fire for radical changes at the social media company, which he bought for $44 billion late last month.
Burberry's London stores lose out as tourists head to tax-free Paris, Milan
London is losing out to Paris and Milan as a tourist destination for high-spending shoppers over the lack of a tax incentive, British luxury brand Burberry said, after its UK-based sales suffered.
As recession looms, British business sends out lending SOS
As inflation rockets and recession looms, many British businesses are struggling to secure affordable bank finance, piling pressure on the embattled UK government as it unveiled a budget aimed at reviving the economy.
Britain softens business rates blow with 13.6 billion stg support package
Britain will provide 13.6 billion pounds ($16.1 billion) of support to retail, hospitality and leisure companies facing higher business rate bills next year, to help them through the recession and a fall in consumer spending.
More Britons to pay top income tax rate in budget squeeze
More Britons will pay the top rate of income tax under government plans announced on Thursday to freeze allowances and lower the level at which people start to pay the highest rate as part of measures to stabilise public finances.
Starbucks U.S. workers at 100 stores plan one-day walkout
Workers at more than 100 U.S. company-owned Starbucks locations plan to strike for one day on Thursday to protest what they say is illegal retaliation against their union organizing.
Siemens stock surges after confident outlook and strong backlog
Siemens shares surged on Thursday after the German technology and engineering group's fourth quarter results beat forecasts and it gave a confident outlook about future industrial demand.
Who won the runner-up prize in the November 16 draw?
The 97,319 winners shared the prize fund of £598,271.
Lotto: Who won the £2 million jackpot in the November 16 draw?
This Saturday's pot will be an estimated £4 million.
As recession looms, Airbnb CEO wants your home to make money
The San Francisco group also increased the damage covered by its inhouse insurance scheme from $1 million to $3 million.
Explainer-Britain's insurers become test case for post-Brexit 'unshackling'
The British government and the Bank of England are reforming insurers' capital rules, seen as a post-Brexit test of UK willingness to "unshackle" the City of London after leaving the European Union.
UK banks say consumer safeguard could backfire in cost of living crisis
Britain's banks are proactively helping customers hit by the cost of living crisis, but implementing a new "consumer duty" on time could exclude vulnerable consumers from help, banking industry body UK Finance said on Wednesday.
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