Chinese insurance regulators have seized the Anbang Insurance Group in a sign that Beijing is cracking down on financial risk to rein in the country’s spiralling debt.
Royal Bank of Scotland (RBS) — which was bailed out during the 2008 financial crisis and is still 71% owned by the British taxpayer — has made an annual profit for the first time in ten years.
Walmart has reported its full year results, revealing its online sales growth is losing steam and disappointing some investors.
Pimlico Plumbers’ appeal against the UK’s Court of Appeal in favour a tradesman’s unfair dismissal case against the company has reached the Supreme Court.
For the first time since Egypt and Israel signed a peace treaty in 1979, an Egyptian company is buying Israeli natural gas.
UK-based bookmakers William Hill has been slapped with a £6.2m penalty by regulators for breaching consumer protection and money laundering regulations.
KFC was forced to close two-thirds of its 900 UK outlets over the weekend due to a shortage of chicken as deliveries from DHL failed to arrive on schedule, according to Huffington Post.
British entrepreneur and tycoon Richard Branson wants to build a super-fast so-called hyperloop in India between the cities of Mumbai and Pune.
Exports of French wine and spirits, driven by strong sales in US and China, reached a new record in 2017 according to the Federation of French Wines and Spirit Exporters (FEVS), despite a stronger euro exchange rate.
Germans are finally spending more money on cards and internet transfers than cash.
The flow of US craft beer sales slowed suddenly last year, causing the prices of speciality hops to decline.
The UK’s Work and Pension Committee has published the responses of the big four accountancy firms to their queries on each of the firms’ involvement with Carillion over the last 10 years.
JAB Holding Company, a leading Luxembourg-based investment conglomerate, has agreed to purchase American soft drink company Dr Pepper Snapple.
The discounters are continuing to put pressure on major supermarket chains by the looks of a new survey from consumer surveyor Which.
London City Airport — which serves some 4.5m passengers each year — has been forced to close today after an unexploded World War Two bomb was found in the River Thames.
Pakistan’s media regulator has reminded TV and radio stations that broadcasts relating to Valentine’s Day are banned in the country.
South Africa’s second biggest city Cape Town is currently suffering from a drought so bad, the city is facing Day Zero.
Rock star tech entrepreneur and CEO of space company SpaceX and electric car maker Tesla Elon Musk succeeded in dazzling investors this week when he sent a Tesla car into orbit.
Elon Musk is having a big week this week.
Tesco — the UK’s biggest supermarket — is facing a demand from thousands of mainly female shop workers for back pay that could leave it with a bill of up to £4bn ($5.5bn).
Amazon and Alibaba: two major e-commerce companies, born out of two of the world’s biggest superpowers.
Another powerful male business leader has stepped down over allegations of inappropriate behaviour at work.
The Singapore Air Show returns to Changi, Singapore for a sixth time this week.
Tesla and SpaceX chief executive Elon Musk is getting ready to send his own Tesla Roadster into space today with the launch of SpaceX’s Falcon Heavy rocket.
Towering trees and lush plants fill Amazon’s new rain forest-inspired work space, bringing in the outside world to boost productivity and well being.
Online grocer Ocado’s shares are down six percent this morning after it missed forecasts with flat full-year earnings for 2017.
Toronto-based Province Brands has filed a technology patent for the production of a “beer” which it says will be the first in the world to be brewed entirely with cannabis rather than barley.
Asian markets have fallen sharply in the Tuesday session as US market contagion spreads around the world.
Samsung Electronic’s vice chairman Lee Jae-yong — sometimes known as Jay Y Lee — has been released from prison in South Korean after a successful appeal.
As January rolls into February, companies and brands turn to the next big event: Valentine’s Day.