SYDNEY (Reuters) – Asian shares languished near one-month lows on Wednesday as investors speculated surging commodity prices and growing inflationary pressure in the United States could lead to earlier rate hikes and higher bond yields globally.FILE PHOTO: TV camera men wait for the opening of market in front of a large screen showing stock prices […]

Lex Greensill’s company attracted attention in high levels of British government until it failed. Lawmakers are leading an inquiry. By Eshe Nelson LONDON — Greensill Capital collapsed because it lost insurance coverage for the loans it offered — not because of its risky business model, Lex Greensill insisted in testimony on Tuesday, breaking his silence […]

After appearing to be down for the count, iconic Bay of Plenty brand Maketu Pies is off the canvas and making a comeback. Eighteen months after the business was placed in receivership, its new owners are hiring more fulltime staff, exploring new initiatives, new pie flavours and the production facility is “busier than ever”. A […]

(Reuters) – Wall Street’s main indexes fell for a second straight session and the S&P 500 hit a one-month low on Tuesday, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy faster than expected.FILE PHOTO: People are seen on Wall St. outside the New York Stock Exchange (NYSE) in […]

Amazon Web Services has hired 50 local staff in the past year, taking its total complement to more than 100, AWS NZ managing director Nick Walton said today. Walton made his comments as AWS opened its new Auckland office today, over two floors of the PwC Tower at Commercial Bay (whose two top floors are […]

White House says companies ‘face a very difficult situation’ on compensating attackers. The White House has opened a debate over the merits of companies making ransom payments to cyber attackers after a group of hackers shut down a US oil pipeline over the weekend, highlighting the seriousness of the threat to critical infrastructure. The Federal […]

As companies make plans to fully reopen their offices across the United States, they face a delicate decision. Many would like all employees to be vaccinated when they return, but in the face of legal and P.R. risks, few employers have gone so far as to require it. Instead, they are hoping that encouragement and […]

The case hit a nerve for Australians, who consider the footwear a national, if unfashionable, symbol. But the brand’s owner in the United States had mounted a legal challenge against the idea that “ugg” is a generic term. By Yan Zhuang MELBOURNE, Australia — An Australian company’s long-shot bid to scrap a U.S. trademark on […]

(BLOOMBERG) – Working from home for more than a year may revolutionise some parts of business but I think most people in the United States will be back at their desks in September. Let’s talk numbers. Of the 150 million or so people who were employed in March, 31.6 million telecommuted, according to the US […]

Even if your finances weren’t devastated by the pandemic recession, many Americans have not yet started saving. Here’s what you can do. By John F. Wasik For millions of retirement savers, the pandemic was a gut punch. There was the jarring stock market drop in March 2020, then millions lost their jobs, health insurance and […]