Paul Volcker, US Fed chief under Carter and Reagan, dies at 92

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 Trump personally pressured the Pentagon to deny it a $10bn cloud contract

Amazon claims Donald Trump pressured the Pentagon to deny it a lucrative cloud computing contract because of his dislike for Jeff Bezos.

Volkswagen charged with violating vehicle emission standards in Canada

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

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

PiggyBank owner collapses into administration

PiggyBank owner collapses into administration. Demise of payday lender leaves 45,000 customers facing financial uncertainty

Brazil's weak currency, cheaper credit add to Amazon threats

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 takes reporters phone when shown photo

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.

EU's Timmermans says 'will not hesitate' to protect EU industry over carbon if necessary

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 "

Paul Volcker deserves to be remembered as most influential central banker

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

UBS Sees No U.S. Recession, Three Fed Rate Cuts in 2020

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."

Labour will prevent more corporate scandals by making companies focus on the long-term

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

Tiger Global cuts Juul's valuation by half to $19 billion: WSJ

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?

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

Huawei to stick with Android for new phones but roll out HarmonyOS to more products

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

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

Pound hits 31-month high as traders predict Conservative majority

The value of the pound increased 0.14% versus the US dollar at 1.315 and rose 0.05% against the euro at 1.188.

T-Mobile Heads to Court to Battle States Over Sprint Deal

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

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

France's EDF to accelerate growth in renewable projects

My best stock tips of 2019

What were your best stock calls in 2019? Here are three of mine that turned out right.

'It's time:' Mexico urges Pelosi to act on North American trade deal

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

Are robots set to take over the Ocado share price?

Will the issuance of a convertible bond to fund a robotic warehouse hinder or help Ocado shares?