Business

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US to fund $553m deep-sea terminal in Sri Lanka

US to fund $553m deep-sea terminal in Sri Lanka

Shipping container terminal in Port of Colombo announced as the US competes with...

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Christie's sells rare blue diamond for over $40m

Christie's sells rare blue diamond for over $40m

A very rare blue diamond sold for over $40m (£32m) at a Christie's auction in Geneva,...

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How WeWork’s founder flew too close to the sun

How WeWork’s founder flew too close to the sun

The story of Adam Neumann and the rise and fall of WeWork reads more like a parable...

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British Steel set to cut up to 2,000 jobs in furnace closure plan

British Steel set to cut up to 2,000 jobs in furnace closure...

British Steel has confirmed it plans to close down its blast furnaces in Scunthorpe,...

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WeWork seeks bankruptcy protection in stunning fall for a company once valued close to $50 billion

WeWork seeks bankruptcy protection in stunning fall for...

WeWork has filed for Chapter 11 bankruptcy protection. It marks a stunning but anticipated...

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Italy to seize $835m from Airbnb in tax evasion inquiry

Italy to seize $835m from Airbnb in tax evasion inquiry

An Italian judge has ordered the seizure of €779.5m ($835.5m; £676.8m) from short-term...

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Japan's Nintendo profits jump as its game sales get a boost from the hit Super Mario movie

Japan's Nintendo profits jump as its game sales get a boost...

Nintendo expects to sell 15 million machines for the fiscal year through March 2024,...

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It might be time to go 'bargain hunting' for small cap stocks

It might be time to go 'bargain hunting' for small cap...

Historically, small cap stocks have performed well around times when unemployment...

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Petrol thefts: Number of drivers stealing fuel more than quadruples in four years

Petrol thefts: Number of drivers stealing fuel more than...

Petrol theft has risen sharply in Britain, according to new data, and it could be...

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Legendary investor Charlie Munger blasted gamblers, touted Heinz and Hermès, and revealed Warren Buffett's views in a rare interview this week. Here are his 22 best quotes.

Legendary investor Charlie Munger blasted gamblers, touted...

Charlie Munger slammed speculators and warned truly great investing opportunities...

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Will Israel-Hamas war affect India's economy?

Will Israel-Hamas war affect India's economy?

India's economy has been a recent success story, but the growing conflict in the...

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AI: Doomers and tech bosses at odds at Bletchley Park summit

AI: Doomers and tech bosses at odds at Bletchley Park summit

Debate over the existential risks of artificial intelligence marked a conference...

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Revealed: How many Britons have missed bill payments this year - and what to do about it

Revealed: How many Britons have missed bill payments this...

The survey further found that 2 million of those who missed payments did so for...

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Everyone got duped by Sam Bankman-Fried's big gamble

Everyone got duped by Sam Bankman-Fried's big gamble

Sam Bankman-Fried has been convicted of stealing billions of dollars from customers...

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