The Federal Reserve moved to dismantle a pillar of crisis-era support for the world's biggest economy and stuck with its forecast to raise interest rates again this year, saying hurricane damage won't derail an otherwise healthy expansion.
The former owner of BHS has told a court he did not receive demands for information from the pensions watchdog as he was “offshore on a boat”.
As many as 4,000 jobs are on the line as Germany's ThyssenKrupp and India's Tata Steel prepare to merge their European steelmaking operations and generate savings of up to €600m a year.
The OECD said Britain's labour market remained robust, but weak productivity and real wage growth persisted. Photograph: David Davies/PA.
Pilots working for the travel group Thomas Cook will stage a strike on Saturday as part of a dispute over pay. Their trade union, the British Airline Pilots' Association (Balpa), confirmed the strike after five days of talks failed to resolve the ...