The buy now pay later firm plans to axe around 700 workers ahead of a "likely recession".
Mateusz Morawiecki also warned that only the Russian leader would be “happy” with a UK-EU trade war.
Industry regulator Ofgem warns households that they should expect higher energy bills this winter.
Applying a windfall tax to renewable energy could threaten the government's energy strategy, sources say.
One analyst says the figures put pressure on the chancellor to give more support for households.
Supermarket food prices are rising at the fastest pace since 2009, says research firm Kantar.
We follow a chicken from farm to supermarket shelf to see how costs are building up at every stage.
Malaysia has become the latest country in Asia to cut food exports to keep prices down at home.
Workers in the UK continue to look for better pay and conditions as bosses struggle to recruit.
The group will refocus on an open and safe Indo-Pacific - and analysts say this is aimed at China.
A man says he lost millions, and then was arrested for trying to talk to crypto boss Do Kwon.
Stays in China made up only 1% of Airbnb's revenue for the last few years, a source said.
Wirecard's auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments firm warned the delay could cause billions in loans to be called in as early as Friday.
The coronavirus crisis has forced carmakers to speed up layoffs that must be matched with hefty payouts and deft negotiation to retain the support of powerful trade unions vital if Europe's auto industry is to manage a shift to low-emission vehicles.
Asset manager DWS, the fund management arm of Deutsche Bank, said it has further sold down its position in embattled German technology company Wirecard and was considering legal action.
A recovery in demand for gasoline in the United States, the world's largest market for the motor fuel, hit a plateau last week as coronavirus cases surged in some states, undercutting refiners' efforts to ramp up low fuel production.
Oil prices rose slightly Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned about additional coronavirus cases reported in parts of the United States and China.
The European Commission is in advanced talks with pharmaceuticals giant Johnson & Johnson to reserve or make an up-front purchase of its COVID-19 vaccine under development, two officials familiar with the talks told Reuters.
The S&P 500 and the Dow were largely unchanged on Thursday as investors stayed on the sidelines amid an uptick in coronavirus infections in parts of the United States and an elevated level of weekly jobless claims.
A defacto lockdown in the United States has lasted longer than expected despite a rollback in some restrictions on mobility, pointing to a deeper-than-expected contraction in gross domestic product in the second quarter, the IMF said on Thursday.
Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a U.S. debate on racial inequality.
The number of Americans filing for unemployment benefits fell last week, but the pace of decline appears to have stalled amid a second wave of layoffs as companies battle weak demand and fractured supply chains, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession.
Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift economic comeback from the pandemic, underpinning demand for safe-haven currencies such as the dollar and Japanese yen.
Retail foot traffic recovered to approach pre-lockdown levels last week and businesses appeared to bring more employees back to the job, according to data from firms that collect cellphone location information and manage employee time for companies.
Ajit Pai said the companies had won his support by making what he called “significant commitments” to expand rural broadband service, build a robust 5G network and sell off Boost Mobile.
The move could hamstring the Chinese tech giant if it prevents the firm’s customers from getting the latest versions of services such as Maps and Gmail.
Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.
The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.
When it comes to disinformation, all signs suggest the 2020 presidential campaign will make 2016 look like a mere test run, our columnist writes.
Google, Qualcomm and Broadcom are among the companies that have reportedly frozen their supply of components and software to Huawei.
Anti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no.
The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.
Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.
But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.
Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.
A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.