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Credit Suisse faces US tax probe, Senate inquiry over accounts: Report

Credit Suisse's main banking unit pleaded guilty in 2014, admitting it helped thousands of Americans evade taxes. It paid $2.6 billion under that deal

JPMorgan CEO Jamie Dimon expects US recession in six to nine months

While the US economy is doing well at the moment, a number of indicators and global issues are ringing alarm bells: Dimon

US-China chip war wipes out $240 billion as stocks plunge; TSMC slips 8.3%

The Biden administration measures erect barriers of entry to China's market by limiting the ability of US firms to sell equipment and tech to their Chinese counterparts

Cathie Wood's ARKK on the verge of taking out its Covid-19 low

The year hasn't been kind to the ETF and growth-centered products as the Federal Reserve raises rates to knock down scorching levels of inflation

Israel and Lebanon reach 'historic' deal on gas fields, says report

Israel has said gas production from Karish in the eastern Mediterranean will enable it to increase exports, including to Europe.

Twitter ordered whistle-blower to destroy evidence, claims Elon Musk

Peiter Zatko, Twitter's ex-head of security, said he burned 10 handwritten notebooks and deleted 100 computer files at the behest of company managers as part of his separation agreement

Planning to visit Qatar for FIFA 2022 World Cup? Here's where to stay

People making last-minute plans have a wide range of options - from all-inclusive, five-star hotels to hostel-like rooms for $80 a night

Tata to triple Zoya stores by 2027 as India's new rich fuel brand expansion

India's expected surge of rich consumers is driving the jewelry unit of Indian conglomerate Tata Group to triple its Zoya-branded stores by 2027

Indian economy's slow-but-steady activity awaits festive season boost

India's economy showed signs of slowing-but-steady growth last month, with businesses holding on to optimism that domestic demand will revive as the peak shopping season approaches

As consulting firms enter tech, problems grow for Indian IT companies

European clients, which typically account for a quarter to a third of Indian firms' sales, are almost certain to cut their tech budgets - at least until the war in Ukraine comes to an end

Govts across globe stoked global inequality since pandemic, finds study

Analysis by the nonprofits Oxfam and Development Finance International found that of the 161 countries surveyed, almost all either froze or lowered taxes on their richest citizens

UK needs more migrants to boost growth, says CBI business lobby survey

Three-quarters of respondents believe a lack of access to labor is threatening the UK's competitiveness as a place to employ people, the Confederation of British Industry said Tuesday.

Missile launches were 'simulation' of nuclear-strike on South: North Korea

North Korea preparing to hold its first nuclear weapon test in five years: Reports

BoE expands emergency support for UK bond market to prevent a rout

The Bank of England stepped up its support for the UK bond market, aiming to prevent a rout in a $1 trillion part used by the pensions industry from spreading

ECB's Knot urges 'significant' steps at next two policy meetings

"We need at least two" more "significant rate hikes," Knot said Monday at a financial-stability presentation in Amsterdam. He doesn't expect QT to start before 2023

Vladimir Putin threatens more strikes on Ukraine following missile blitz

Russia launched 83 missile strikes at Ukraine on Monday fired from Astrakhan in southern Russia, 43 of which were intercepted, a spokesman for air defense, Yuriy Ihnat, said

Harvard Business Review's 5 ideas that will reshape capitalism's next era

To celebrate its 100th birthday the Harvard Business Review has come out with a fat book containing its most influential and innovative articles

Adani Group may buy debt-laden Jaiprakash's cement unit for $606 mn: Report

The acquisition will be made by one of the cement units recently acquired by Asia's richest person, the people said, adding an announcement was expected as early as this week

Why even a leftist govt under Lula may not restore Brazil's forests

A sharp left-right dichotomy is a common way to think about the stakes in the runoff poll on Oct. 30. Still, as with the candidates' economic platforms, their forest policies have a lot more in common

Renault SA open to reducing stake in Nissan Motor in carve-out talks

Executives have discussed Renault's carve-out plan and reshaping the pair's two decade-old alliance since February during meetings in France and Japan.