LONDON & NEW YORK--(BUSINESS WIRE)--Oct 18, 2023--

Mitsubishi Motors Corp. has suspended its China business indefinitely and will lay off staff after years of poor

Deutsche Bank AG agreed to pay $75 million to settle a lawsuit accusing the bank of enabling Jeffrey

Wall Street futures slipped on Tuesday as investors assessed chances of the Federal Reserve holding interest rate at

The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up

Cathay Pacific Airways Ltd. plans to start selling some of its cheapest tickets in more than three-and-a-half years

Inflation in UK shops has fallen to a 17-month low as retailers fight to attract shoppers ahead of

Indigenous anti-mining protesters that have paralyzed Panama’s key roadways for weeks say they will temporarily suspend blockades for 12 hours Monday as a show of good faith to citizens affected by the demonstrations

Irish regulators on Friday handed out a 345-million-euro ($369-million) fine to TikTok over data breaches, part of a battle between the European Union and big tech firms on issues from tax avoidance and hate...

President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024

Disney's visual effects crew filed for an election to unionize with the National Labor Relations Board with the backing of the International Alliance of Theatrical Stage Employees (IATSE), the union announced Monday, just weeks after Marvel's VFX moved to unionize.

President Joe Biden was intervening personally Sunday to try and break the US debt ceiling deadlock with a call to the top Republican leader before the clock ticks...