Business & economy

Explore the pulse of global commerce and finance. Stay informed with insightful analysis, news, and trends shaping the world of business & economy.

Big US jobs rise in January surprises again

Employers added 353,000 jobs and average hourly pay jumped, while the unemployment rate held steady at 3.7%, the Labor Department…

Parisians vote for rise in parking fees for SUVs

The proposals were approved by 54.55% of voters, but turnout was only about 5.7%. The move triples parking rates for…

Bao Fan: Missing China billionaire banker resigns from all roles

He stepped down “for health reasons and to spend more time on his family affairs,” the bank said in a…

China can now monitor government-funded projects 24/7

The rules apply to firms that have received at least 30 million yuan ($4.2m; £3.3m) of government funding. It comes…

One million electric cars sold in the UK since 2002

New EV registrations by private buyers fell by a quarter in January, threatening to undermine the UK’s net zero promises.…

Boeing in ‘last chance saloon’, warns Emirates boss

Boeing has come under scrutiny after a panel on a 737 Max 9 passenger jet blew off mid-air last month.…

H&M pulls school uniform advert after being accused of sexualising children

The campaign showed a picture of two primary school-aged girls under the slogan: “Make those heads turn in H&M’s Back…

Australia: ‘Golden visa’ scheme for wealthy investors axed

Designed to attract foreign business, it was cut in an immigration overhaul after the government found it was “delivering poor…

ExxonMobil sues investors to block climate petition

The complaint is against Follow This and Arjuna Capital, which have called on Exxon to step up the pace of…

Sony calls off merger with India media giant Zee

Sony’s Indian arm has scrapped a planned merger with Zee Entertainment which would have formed one of India’s largest entertainment…

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