Business

A week that has been chock-full of economic data will be capped off Friday with the first US jobs report of 2023. Economists estimate that 185,000 positions were likely added in January, according to Refinitiv. That would be a considerable drop from the 504,000 jobs…

UK power supplier Centrica has apologised for the “deeply disturbing” behaviour of a third-party contractor alleged to have broken into vulnerable customers’ homes to install pre-pay energy meters on its behalf, and suspended the controversial practice of forced instalments.Chief executive Chris O’Shea said the owner…

Signage of Adani Group at company’s gas station in Ahmedabad, India, on Wednesday, Feb. 1, 2023.Bloomberg | Bloomberg | Getty ImagesIndia’s Adani conglomerate deepened market losses to exceed $100 billion on Thursday, which have snowballed since a short-seller’s scathing report triggered market turmoil and led…

A Russian man has been sent to prison for four years for crypto mining-related fraud.Per the media outlet 56 Orb, the man is a 47-year-old resident of Orenburg, a southwestern city near Russia’s border with Kazakhstan.A court in the city heard that the man duped…

After more than a decade of staring enviously at the tech-fuelled US stock market, European equities are finally staging a comeback. Goldman Sachs thinks this may just be the start. After all, the scale of the underperformance since 2007 is mind-boggling. Here is a GS…

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