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Australia's Westpac to pay record fine for money-laundering

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Washington finds it paid out hundreds of millions in fraudulent unemployment benefits

The new figures could push the state's total number of initial claims to almost 1.2 million - but they will also add to concerns that the state's unemployment s...

Joint Statement from the UK, Australia and Canada on Hong Kong

Experts say the aggressive move comes at at a time when China is in a stronger position relative to much of the rest of the world struggling to contain the c...

Carlsberg UK and Marston's brewing arm merge in £780m venture

Carlsberg Marston's Brewing Company, the joint venture, would deliver annual cost savings of around 24 million pounds, expected by the end of the third year fol...

Zuckerberg says Facebook staff can work from anywhere - for a price

Workplace from Facebook , the tech giant's communication offering for companies and employees, has more than five million paid users, up from three million in ...

Arkansas unemployment tops 10 percent; could be worse, state says

That followed a revised decline of 43,800 jobs in March. The rate in Nevada surged 24.2 percentage points from a year earlier to 28.2% - almost twice April's na...

Zomato, Swiggy start alcohol delivery; here are the details

Swiggy and Zomato have started delivering essentials to make up for some of the shortfalls in the restaurant delivery business. Recently, the company launche...

RBI’s rate cut, extension of loan moratorium are positive steps, say developers

As a result of this moratorium, individuals' EMI repayments of loans taken were not deducted from their bank accounts, providing much-needed liquidity. The RBI ...

Lufthansa in advanced talks for state rescue deal worth €9 billion

Rivals such as Air France-KLM and U.S. carriers American Airlines, United Airlines and Delta have also sought state aid. Such a step could mean painful job cu...

India’s central bank cuts lending rate to 4% to aid economy

However, he said that the combination of fiscal, monetary, and administrative actions will create conditions for the revival of the economy in the second half o...

No annual growth target for virus-hit China, a first in years

Domestic consumption, investment and exports are falling, and the pressure on employment is rising significantly, while financial risks are mounting, he warned....

Facebook embraces remote work beyond Silicon Valley

CEO Mark Zuckerberg , in an internal town-hall livestream Thursday, said that many of Facebook employees will be allowed to work from home permanently even...

Senate confirms Trump nominee John Ratcliffe to be top U.S. spy

He's shown here at his May 5th confirmation hearing before the Senate Intelligence Committee. At least one Republican , Sen. Angus King, an independent w...

More than 51K file for unemployment in Maryland

The Labor Department reported Thursday that 2.44 million Americans filed for first-time benefits in the week that ended May 16, bringing the total to some 38.6 ...

United Kingdom government sells first bond with negative yield

The sale means Britain joins Japan and Germany in selling government debt with a negative yield with central bank interest rates at record lows. A £3.75bn auc...

Facebook's Zuckerberg embraces remote work beyond Silicon Valley

The move follows a similar announcements earlier this month by social media rival Twitter and payments company Square, which were the first major tech compani...

Trump says China's "incompetence" is to blame for "mass Worldwide killing"

Trump tweeted late on Wednesday that the "spokesman speaks stupidly on behalf of China, trying desperately to deflect the pain and carnage that their country sp...

Shopify to let employees work from home permanently

The company said it had supported distributed teams whose members were able to work from any location since its inception and that employees would receive tools...

More than 2.4 million Americans filed for unemployment in the past week

The new figures could push the state's total number of initial claims to almost 1.2 million - but they will also add to concerns that the state's unemployment ...

Trump's payroll tax cut 'absolutely not' dead -adviser Hassett

Aides wearing masks stand behind White House economic adviser Larry Kudlow as he speaks to reporters about the economic impact of the coronavirus disease (COVID...

Costco Worker Praised for Handling of Maskless Customer

Start the day smarter. Get all the news you need in your inbox each morning. After the customer threatens to post cellphone video of the confrontation on In...

China rebuts Donald Trump accusation of coronavirus 'mass killing'

It is just the latest in a long history of Trump allegations of Biden's ties to China, and China's election meddling efforts to defeat the sitting US president ...

Easyjet to resume domestic United Kingdom and French services in June

Services in and out of London Gatwick, Bristol, Birmingham, Liverpool, Newcastle, Edinburgh, Glasgow, Inverness, Belfast, and Isle of Man, as well as Geneva i...

McDonald's hit with two class-action suits over COVID-19 worker safety

Five employees sued in IL state court Tuesday claiming they are being forced to work "in close proximity" to potentially infected co-workers and customers, and ...

Inflation Falls Below Zero in Canada for First Time Since 2009

The UK inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing retailers cut prices,...

U.S. Weekly Jobless Claims Fall to 2.4 Million

The prior week was initially reported at just below 3 million and was revised down to 2.69 down. Economists were expecting 2.4 million initial jobless claims ...

McDonald's Bourges Boulevard, Boongate, Hampton, Morrisons, Glinton and Eye Green now open

McDonald's restaurants located in Artane, Malahide Road, Tallaght, Nutgrove, Kylemore Road and East Wall were picked to reopen, sparking a flurry of arrivals fr...

Easyjet Suffers A Cyber Attack

According to the BBC , EasyJet first learned of the attack in January but was only able to notify customers whose credit card details were stolen in early Ap...

Volkswagen apologises for ‘racist’ Golf vehicle advert with ‘Nazi undertones’

Other eagle-eyed users spotted that the cafe's name is Petit Colon, which in French literally translates as the 'Little Colonist'. Viewers were not only furio...

TN begins extended unemployment benefits program

These include claimants who had their benefits suspended after incorrectly answering one of the questions on the federally mandated weekly certification. Indivi...

Venezuela's Guaido says Iran fuel shipment ought to alarm Latin America

Stating that any USA harassment of Iranian tankers will be met with a decisive response , Hatami said, "It is a kind of piracy ". Venezuela's military will ...