Worldwide business confidence slumped to a five-year low, with company hiring and investment intentions at or near their weakest levels in the post-global financial crisis era, according to a new survey.
Deep in the Somerset countryside Mulberry is working hard to rekindle the popularity of a fashion brand whose allure has suffered in recent years, ever since it made a reckless leap upmarket.
Food producers have become cannon fodder in the bitter supermarket price war, according to accountancy firm Moore Stephens, which found 28% more specialist manufacturers have gone into insolvency this year than last.
French judges have put the Swiss branch of HSBC under official investigation over allegations that Britain’s biggest bank helped wealthy clients avoid taxes.
The City watchdog has hit financial firms with nearly £1.5bn of penalties so far this year – more than three times the record level of fines it levied in 2013.
The European Central Bank might like to update its website – specifically, its educational video to teach teenagers about the importance of keeping prices in check.
A former Amazon employee embroiled in a legal battle with the online retailer is set to go on hunger strike in an attempt to force the company to change business practices which he calls “deceptive and fraudulent”.
One of New York’s largest taxi driver groups has called for rival Uber to have its license suspended after reports that it has been abusing access to data about its passengers’ rides.
A Senate hearing on the Federal Reserve’s oversight of banks turned into a roast of New York Federal Reserve president William Dudley, who tried to fend off complaints from several angry senators and counted not one supporter on his side.
Federal Reserve Board Governor Daniel Tarullo argued Friday that financial-firm compliance enforcement hasn't been stiff enough and that tougher action on the part of the Fed and other regulators was likely needed.
More than $70bn (£50bn) has been wiped off the wealth of the world’s 20 richest people following a slump on global financial markets, according to the latest annual ranking of billionaires by Forbes.
A U.S. judge ordered Barclays to face a proposed class-action lawsuit in which a California water utility accused the British bank of illegally manipulating electricity prices in the western United States, causing purchasers to overpay.
Grupo BTG Pactual’s hedge fund unit is shutting down its Hong Kong office as it shrinks its operations following a slump in assets under management, two people with knowledge of the matter said.