UK Stock Funds Lost A Record $10 Billion Last Year, New Research Shows
U.K.-focused equity funds saw $10 billion in outflows through the year, much higher than other major markets. Read more
Gemini's Winklevoss Accuses Crypto Mogul Silbert Of 'bad Faith Stalling Tactics' Over Frozen Funds
Gemini is attempting to recoup $900 million of client funds which it lent to Genesis to generate yields for its interest... Read more
BofA Top Banker Rick Sherlund Predicts 2023 Tech Comeback, Delivers Bullish Software Call
With the Nasdaq on the cusp of a five-week losing streak, Bank of America top tech banker Rick Sherlund sees a major shi... Read more
Samsung Leader Lee Excused From Trial Hearing As Biden To Tour S.Korea Chip Plant
It would be Lee's highest-profile public appearance since he was released on parole in August last year from a bribery c... Read more
U.S. Lodges Labor Complaint Against Panasonic In Mexico
The request from the U.S. Trade Representative (USTR) comes after a Mexican union last month petitioned the U.S. governm... Read more
UK Unemployment Dips But Wages Hit By Inflation
Total employment remained below its pre-pandemic level, with job vacancies at a record-high of almost 1.3 million at the... Read more
California Law Requiring Women On Company Boards Struck Down
Three taxpayers challenged the law in 2019, saying it amounted to sex discrimination in violation of the state's constit... Read more
Japan's Recruit Sees More Female Executives As Key To Growth
Although three-quarters of Japanese firms have one or two female directors, only 5% have three or more, according to ind... Read more
India's Reliance To Acquire Dozens Of Brands In $6.5 Billion Consumer Goods Play-sources
Reliance is in final stages of negotiations with around 30 popular niche local consumer brands to fully acquire them or ... Read more
GM Agrees To Hike Wages 8.5% At Major Mexico Plant, Union Says
SINTTIA said the deal also comprises improved benefits, including additional bonuses, vacation time and grocery vouchers... Read more
Shop And Work, UK's Tesco Gives Up Supermarket Space For Office Area
IWG's founder and CEO Mark Dixon said creating new locations in suburban areas was "a response to the growing demand we ... Read more
Elon Musk Says Tesla Open To Buying A Mining Company
Other automakers and executives including Carlos Tavares, the CEO of Tesla rival Stellantis NV, have warned the auto ind... Read more
US Companies Break Long Silence On Abortion Rights
Amazon, Uber and even the bank Citigroup have all announced they will cover the additional costs that the Texas legislat... Read more
U.S. Private Payrolls Slow; Trade Deficit Hits Record High
The trade deficit accelerated 22.3% to $109.8 billion in March amid a record increase in imports. Read more
Netflix Shareholders Sue Over Subscription Slump Disclosures
The company attributed the quarterly decline to inflation, competition from other streaming services and its suspension ... Read more