The United Kingdom is pushing ahead with plans to create a digital pound issued by the Bank of England that would offer a stable alternative to bitcoin or ether. The central bank and the UK Treasury said Monday that an official digital currency is “likely…

Bed Bath & Beyond is closing 150 more stores — just a week after the struggling retailer announced the closure of 87 locations. The company’s brick-and-mortar footprint has already shrunk dramatically, a regulatory filing showed late Monday, and the new closings mean it will have…

Amazon (AMZN) has announced that it will help victims of the Turkey earthquake by donating food, medicine and equipment from its Istanbul warehouse. The retail giant said in a statement Monday that it had activated its “disaster relief capabilities” in response to a 7.8-magnitude earthquake…

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BP’s annual profit more than doubled last year to an all-time high of nearly $28 billion, extending a record run of earnings for the world’s oil majors that is fueling calls for higher taxes on the windfall gains. The British energy company also announced Tuesday…

Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further increases would be needed, in a more hawkish policy tilt than many had expected. Wrapping up its February policy meeting, the Reserve Bank…