The British pound could plunge by 10% or more if the United Kingdom does not finalize a trade deal with the European Union this weekend. Currency traders who once assumed…
Category: Business
The 30 retailers and restaurant chains that filed for bankruptcy in 2020
There's no way to sugarcoat it: 2020 was a brutal year for restaurants and stores. The pandemic, massive amounts of debt and a shift in shopping as well as dining…
Black employees earn 20% less at Britain’s biggest bank. It’s trying to fix that
In a report published on Friday, Britain's biggest retail banking group revealed that the median pay gap between Black employees and their peers is 19.7%, while the median bonus gap…
Ferrari CEO Louis Camilleri retires ‘with immediate effect’
Ferrari chief executive Louis Camilleri has retired "with immediate effect," the company announced late Thursday. Camillieri, who is stepping down as both CEO and a member of the board of…
Chinese tech companies bet big on India. Now they’re being shut out
India and China's fast-growing tech sectors have been caught in the crossfire of an intense geopolitical standoff this year. While both will suffer from the showdown, Chinese tech companies have…
Oracle is moving its headquarters to Austin
Oracle is joining the growing exodus from Silicon Valley to Texas. The company will move its corporate headquarters to the state's capital, Austin, it said Friday. It also instituted a…
The real cost of being the ultimate Apple fan: Nearly $80,000
You are the ultimate Apple fan. You've got an unlimited budget. And you want all of the things: top-of-the-line devices, fancy accessories and services. You may not need that high-end…