U.S. House Speaker McCarthy says he thinks U.S. will not default

WASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt

2023-05-17 20:19

Billionaire and Tottenham Hotspur owner Joe Lewis indicted in US for ‘brazen insider trading’

Joe Lewis, the UK billionaire and owner of the Tottenham Hotspur football club, has been indicted in the US for what officials called a “brazen” set of insider trading schemes. “He used inside information as a way to compensate his employees or shower gifts on his friends and lovers,” US Attorney Damian Williams said in a video statement on Tuesday. “That’s classic corporate corruption,” he added. “It’s cheating, and it’s against the law.” The Independent has contacted Tottenham for comment, as well as Tavistock Group, the investment office founded by Mr Lewis. This is a breaking news story and will be updated with new information.

2023-07-26 07:26

UK govt hails OpenAI for choosing London base

The UK government on Thursday hailed a decision by ChatGPT creator OpenAI to open its first office outside the...

2023-06-29 23:45

Australia Will Replace Philip Lowe as Central Bank Governor

Australia’s government will not reappoint Philip Lowe as Reserve Bank governor, as widely anticipated, seeking a circuit-breaker as

2023-07-14 07:57

Exclusive-China asks some banks to reduce or delay dollar buying to ease pressure on yuan -sources

SHANGHAI/BEIJING China's currency regulators have in recent weeks asked some commercial banks to reduce or delay their dollar

2023-08-01 18:55

Ukraine complains to WTO about Hungary, Poland and Slovakia banning its food products

Ukraine is filing a complaint at the World Trade Organization against Hungary, Poland and Slovakia after they banned grain and other food products coming from the war-torn country

2023-09-20 00:59

Senators propose banning stock trades for US Congress, president

WASHINGTON Members of the U.S. Congress, the president, vice president and senior executive branch officials and their relatives

2023-07-26 07:27

China's central bank woos top Western firms as economic challenges grow

China will open up its financial industry and make its business environment more friendly for foreign businesses, the country's central bank governor told a number of top Western companies on Monday, renewing Beijing's efforts to lure overseas capital as economic challenges mount.

2023-09-19 13:23

State governors from Arizona, New Mexico seek stronger economic ties with Taiwan

Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states

2023-09-20 13:18

Chinese Corporate Borrowing Slumped Last Quarter, China Beige Book Says

Chinese corporate borrowing growth slumped in the third quarter, according to China Beige Book International, which expects policymakers

2023-10-17 07:25

California Gov. Gavin Newsom signs law to raise minimum wage for fast food workers to $20 per hour

California Gov. Gavin Newsom has signed a law raising the minimum wage for fast food workers to $20 per hour

2023-09-29 02:27

Uber rolls out electric bike fleet in Kenya, its first in Africa

By Duncan Miriri NAIROBI Ride-hailing firm Uber on Thursday launched an electric motorbike service in Kenya, its first

2023-08-31 23:57