Business

European Union leaders give final clearance for Brexit negotiations with Britain to enter second phase involving trade

Dec 15, 2017

European Union leaders give final clearance for Brexit negotiations with Britain to enter second phase involving trade

Brexit steals some of Britain's Christmas cheer

Dec 15, 2017

The uncertainty surrounding the future trade relations between Britain and the rest of the European Union are weighing on businesses, such as Champagne distributors in Britain ahead of Christmas

Russia bails out major private lender Promsvyazbank

Dec 15, 2017

The Russian Central Bank says it has started bailout proceedings for one of the country's biggest private lenders, Promsvyazbank

Former Russian Economics Minister convicted of corruption, sentenced to 8 years in high security prison

Dec 15, 2017

Former Russian Economics Minister convicted of corruption, sentenced to 8 years in high security prison

Britain's finance minister in China to promote trade

Dec 15, 2017

Britain's finance minister tells China's premier there are "many opportunities" to expand commercial ties as he starts a visit aimed at developing trade as the United Kingdom prepares to leave the European Union

Japan imposes new sanctions on North Korea

Dec 15, 2017

Japan has announced it is freezing the assets of 19 companies to step up pressure on North Korea to halt its nuclear weapons and missile development

German sex shop company filing for protection from creditors

Dec 15, 2017

Sex shop chain Beate Uhse AG says its holding company is filing for bankruptcy restructuring after failing to raise financing from investors and restructure its debts

Luxembourg appeals $295 million EU Amazon ruling

Dec 15, 2017

Luxembourg is appealing a European Union decision that it has to claw back some 250 million euros in back taxes from Amazon

Workplace romance under spotlight after sex scandals

Dec 15, 2017

The minefield that co-workers and companies navigate when it comes to love at work has gotten even more complex following the recent flood of sexual misconduct allegations roiling Hollywood, politics and the media

As Disney swallows Fox, a new era dawns for Hollywood

Dec 15, 2017

After years of tremors, the earthquake that had long been forecast to hit Hollywood finally arrived Thursday with Disney's purchase of the 20th Century Fox film studio