Britain's unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row as employers worried about the outlook for the economy, official data showed on Tuesday, ahead of a tough government budget plan later this week.
Solana, a poster coin of the crypto future, is in trouble.
Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed.
Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday, in what would amount to its biggest such reduction to date.
Tesla CEO Elon Musk is scheduled to take the stand this week to defend his $56 billion pay package against shareholder allegations it was rigged with easy performance targets and that investors were duped into approving it.
Singapore-based crypto exchange Crypto.com's chief executive said the firm will prove all naysayers wrong on the platform being in trouble, and that it has a robust balance sheet and took no risks.
The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who are looking at whether any "criminal misconduct occurred," the Royal Bahamas Police said on Sunday.
British employers are planning the biggest pay hikes in a decade to fill roles but real-term wages will still grow more slowly than inflation, a survey showed on Monday.
The fund's major donors include the United States, Britain, India, China, France, Canada, Australia and Japan.
The Miami Heat may end up playing in "The Bang Bros Center" if the offer is accepted.
Credit Suisse has cut eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said, just weeks after the Swiss bank announced a major global restructuring plan.
Japan's SoftBank Group Corp reported its first quarterly profit in three quarters, buoyed by paring some of its stake in China's Alibaba even as its massive Vision Fund unit posted another heavy quarterly loss.
Elon Musk has taken on Detroit's automakers, short-sellers and securities regulators.
Hungary made a "significant step" towards securing billions in economic stimulus funds by accepting European Union demands on the independence of the judiciary, an official with the bloc told Reuters on Friday.
Spanish banks need to preserve capital and keep a lid on mortgage loan costs to cope with a potential deterioration of the economic outlook, the Bank of Spain warned on Friday.
The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023 on the back of high energy prices.
Britain's economy shrank in the three months to September at the start of what is likely to be a lengthy recession, underscoring the challenge for finance minister Jeremy Hunt as he prepares to raise taxes and cut spending next week.
Musk on Thursday warned employees that the site was burning dangerously through cash, raising the specter of bankruptcy if the situation was not turned around.
The number of people who have dropped out of Britain's job market since 2019 and who now cite a long-term illness or mental health problems has risen by half a million or about 25%, the Office for National Statistics (ONS) said.
Two former finance chiefs at travel website Booking.com are set to be questioned after Dutch authorities agreed to cooperate with Italian prosecutors on a tax investigation, the Dutch prosecutors office confirmed to Reuters.
Italy will approve a package of measures worth more than 9 billion euros ($8.96 billion) on Thursday to lower energy prices, increase gas output and preserve stocks ahead of the winter, two government officials told Reuters.
Domino's Pizza Group Plc said on Thursday sales in the key holiday quarter were off to a positive start and the fast-food chain is pinning hopes on the FIFA World Cup to drive revenues further despite a squeeze on consumer finances.
AstraZeneca on Thursday raised its full-year adjusted earnings forecast after third-quarter profit and revenue topped analysts' expectations, helped by sales of its key cancer drugs.
Asian stocks fell on Thursday after inconclusive US midterm election results and a cryptocurrency crisis hammered markets.
This Saturday's pot will be an estimated £4 million.
The US authorities have been able to unearth a huge stash of nearly £3 billion in bitcoin stolen almost a decade ago.
Microsoft may have to offer concessions to address EU antitrust concerns about its $69 billion bid for "Call of Duty" maker Activision Blizzard after regulators opened a full-scale investigation on Tuesday and warned about the impact of the deal.
Greek workers went on a day-long strike on Wednesday, demanding higher wages to cope with surging inflation, as Europe's soaring energy prices and living costs trigger industrial action and protests across the continent.
British fashion retailer Next will buy the Made.com brand for 3.4 million pounds ($3.8 million) after the online furniture seller collapsed into administration, resulting in about 400 job losses.
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.
