(Reuters) – Australia’s Westpac Banking Corp (WBC.AX) was accused on Wednesday of 23 million breaches of anti-money laundering rules, with a regulator saying the financial giant enabled payments from “high risk” countries and convicted child sex offenders. The oversight failure at Australia’s second-largest bank led to “serious and systemic non-compliance” with anti-money laundering laws, financial […]
While Christmas dinner itself involves crispy Yorkshire puddings, perfectly cooked roast potatoes and of course, lashings of gravy, shop-bought Christmas sandwiches can often leave a lot to be desired. From dry turkey, to tasteless stuffing and don't even get us started on the soggy bread, finding the best Christmas sandwich at your local supermarket is […]
This article is part of our Women and Leadership special section, which focuses on approaches taken by women, minorities or other disadvantaged groups challenging traditional ways of thinking. These women are shaking up their industries around the world by making bets on their vision and on themselves. They have started their own businesses to solve […]
BENGALURU (Reuters) – The top 200 Chinese companies spanning consumer, technology, industrial, property and financial industries reported September quarter earnings well ahead of market expectations, setting them up for a strong showing next year, analysts said. These companies mostly beat lowered market expectations as consumer spending remained strong, boosted by Chinese shoppers who opted to […]
LONDON (Reuters) – World shares touched their highest in nearly two years on Tuesday as investors maintained bets that the United States and China can reach a deal to end their damaging trade war. The world’s two largest economies are in talks on an initial deal to end an 18-month trade dispute that has damaged […]
German discounter Lidl has put forward a £10million pay rise for workers, in a move that will see wages jump for 19,000 employees next March. The grocer said it will increase entry-level pay from £9.00 to £9.30 an hour outside of London and £10.55 to £10.75 within the M25, going up to £11.70, depending on […]
DUBAI (Reuters) – Boeing’s 737 MAX took center stage at the Dubai Airshow on Tuesday as the U.S. planemaker prepared to announce orders for dozens of aircraft as it seeks to restore confidence in the jet amid a worldwide grounding, people familiar with the matter said. Boeing was expected to announce the orders, which could […]
SINGAPORE (Reuters) – Asian share markets were mixed in subdued trade on Tuesday, pending clearer news on whether U.S.-China negotiations will reach a preliminary accord to end the prolonged trade war between the world’s two largest economies. “There are some lingering doubts over whether a phase one deal can be struck,” Vishnu Varathan, head of […]
NEW YORK (Reuters) – Wall Street’s main indexes were very slightly higher on Monday after closing at records on Friday and investors digested mixed headlines on U.S.-China trade relations. The market appeared to welcome Washington’s grant of an extension for U.S. companies to do business with Huawei since the Chinese telecommunications equipment maker was put […]
HONG KONG (Reuters) – Alibaba will stop taking orders from prospective institutional investors for its $13.4 billion secondary listing in Hong Kong earlier than expected after attracting strong demand, two people with direct knowledge of the matter said. Order books will now close on Tuesday at 12 p.m. in New York (1700 GMT), half a […]