Economy

US financial regulators have accused the former boss of Wells Fargo bank and another former executive with misleading investors in the latest charges to arise from the bank's fake account scandal. The Securities and Exchange Commission…

Tata Steel has announced plans to make its UK business, based mainly in Port Talbot, "self-sustaining" while selling its Netherlands-based operations. Tata Steel said it planned to sell the European arm of its business and keep the UK…

The Black Friday shopping event will create a surge in vehicle emissions, according to a report from price comparison website Money.co.uk. Lockdown brought an online retail bonanza, and this year’s Black Friday is expected to be the…

Asian leaders are due to sign a mammoth trade deal this weekend that has been nearly a decade in the making. It includes the ten members of the Association of Southeast Asian Nations (Asean), plus China, Japan, South Korea, Australia…

Goldman Sachs, one of Wall Street’s biggest names, is letting in more female partners along with minorities. The investment bank says almost half of its new partners will come from diverse backgrounds. Goldman Sachs has frequently…

China has proposed new regulations aimed at curbing the power of its biggest internet companies. The regulations suggest increasing unease in Beijing with the growing influence of digital platforms. The new rules could affect…

Asian stock markets have moved higher on good news about an effective vaccine for Covid-19 Japan’s Nikkei 225 index opened more than 1.5% higher, to reach its highest level in almost 30 years. Hong Kong’s Hang Seng opened 1.8% higher…

Three million workers, helped by 4,000 planes and ships, are getting ready for the world's biggest online sale - with "revenge spending" tipped to be one of this year's biggest trends. China's Singles Day on 11 November is the world's…

The UK's unemployment rate rose to 4.8% in the three months to September, up from 4.5% as coronavirus continued to hit the jobs market. The number of people in work fell by 247,000, the largest annual decrease in more than a decade, the…

Nuclear power’s role in the UK’s future energy strategy will be discussed by Prime Minister Boris Johnson with the chancellor and business secretary at a meeting this month. It comes ahead of a new 10-point plan for the UK to hit net…