Paul Volcker, US Fed chief under Carter and Reagan, dies at 92. Central bank boss went on to lead response to 2008 financial crisis under President Obama
Amazon claims Donald Trump pressured the Pentagon to deny it a lucrative cloud computing contract because of his dislike for Jeff Bezos.
Volkswagen was charged with 60 counts of breaching the Canadian Environmental Protection Act by importing vehicles that did not conform to prescribed emission standards, Environment and Climate Change Canada said. The company did not immediately respond to a Reuters request for comment.In 2015, the
Thousands were paid to use extra renewable electricity on windy weekend. UK homes using new smart-energy tariffs urged to take advantage of record windfarm power
Brazil's record-low interest rates and exchange rate threaten to accelerate Amazon deforestation, which has already risen sharply under Brazil's farm-friendly President Jair Bolsonaro, economists tell Reuters. With Bolsonaro rolling back environmental enforcement and China gobbling up record
Boris Johnson took a reporters phone and put it in his pocket when faced with a photo of four-year-old Jack Williment-Barr asleep on a hospital floor. The Prime Minister continued with his interview before apologising and returning the phone on his departure.
The European Union will not hesitate to impose measures to protect its industries from competitors who do not respect the 2015 Paris Agreement to curb global warming, EU climate commissioner Frans Timmermans said on Monday. In response to a question on the EU's position regarding a possible "
FRANKFURT/LONDON (Reuters) - A consortium led by Dutch pension fund APG has agreed to buy German offshore wind park Merkur in a deal valuing one of Europe's largest renewable energy projects at about 2 billion euros (1.7 billion pounds), two sources close to the matter said. Merkur, where construction
Paul Volcker deserves to be remembered as most influential central banker. The former Fed chairman used monetarist shock treatment to cure the US of its serious inflation habit
Dec.09 -- Arend Kapteyn, global head of economics and strategy research at UBS, discusses the outlook for a U.S. recession and Federal Reserve policy on "Bloomberg Markets: European Close."
Short-termism and scandals have dogged the UK economy for decades. This general election is an opportunity for political parties to deal with these problems but only one major party appears to have put forward effective policies to do so.The malaise
The writedown of Juul, in which Altria Group Inc has a 35% stake, came at the end of September, the Journal reported, citing people familiar with the matter. Altria took a $4.5 billion hit from its investment in Juul in October, with its valuation shrinking by more than a third to roughly $24 billion
Will the pound go up in value if Labour wins the general election?. We examine John McDonnell’s claim that Labour’s spending plans could boost sterling Latest election news – live updates
Chinese technology giant Huawei has said it will continue to use the Android operating system in new smartphones and tablets, despite facing a US trade ban.Huawei built its own Android rival called HarmonyOS in order to counter its reliance on US tech companies amid an escalating trade war between the
South Western Railway strike: union reveals plan to resolve dispute. Train operator cautious over RMT’s ‘six-point road map to a settlement’ over guards
Dec.09 -- Robert McDowell, former FCC commissioner and a partner at Cooley, discusses what’s at stake for T-Mobile US Inc. and Sprint Corp. as the companies head to court this week against a group of states seeking to block a $26.5 billion deal between the companies. He speaks on "Bloomberg Markets
The Coalition isn't being honest about the climate crisis. But neither is Labor. Of course we need to think about those who will be affected by mine closures, but cripes, we’re all affected by climate change
Japanese electrical equipment producer Yaskawa will invest between 20 million and 30 million euros (£17.18-£25.77 million) in an electromotor and electronic component factory in Slovenia, the country's economy ministry said on Monday. It said that Yaskawa, which already makes industrial robots
Mexican President Andres Manuel Lopez Obrador on Monday urged U.S. House of Representatives Speaker Nancy Pelosi to make a decision about the United States-Mexico-Canada Agreement, saying it was time to move forward with the trade deal. Lopez Obrador said Mexican senators accepted changes to the United
OPEC member Algeria will reduce its crude oil output by 12,000 barrels a day to comply with a deal agreed by other producers with the aim of balancing the global oil market, Energy Minister Mohamed Arkab said on Monday. OPEC and non-OPEC producers led by Russia last week agreed a new deal to cut production