The Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesWise has been accused by a rival fintech company of undermining competition in the money transfer market.Atlantic Money, a smaller foreign exchange service, made this allegation in a letter…

The value of Gautam Adani’s business empire has crashed by more than $50 billion this week since Hindenburg Research, a US firm that makes money from short selling, published a blistering report accusing it of fraud. India’s Adani Group has denounced Hindenburg’s allegations as “baseless”…

Normally, prices at the gas pump drift lower during the dead of winter as lousy weather keeps Americans off the roads. But something unusual is happening this year: Gas prices are rocketing higher. The national average for regular gas jumped to $3.51 a gallon on…

We try to avoid politics around here (except when it’s an excuse to, say, estimate the market price of a politician’s dignity). But occasionally it veers into areas closer to FT Alphaville’s spleen and we just can’t help ourselves.Here is the text of an actual…

Investors have raced back into Chinese tech stocks this year, encouraged by an apparent truce in a two-year battle between some of the country’s most powerful regulators and its biggest internet companies. But the enthusiasm may prove to be premature; Beijing is tightening its grip…

Hasbro said it would stay on track to make $250mn-$300mn in annual cost savings © Ray Stubblebine/ReutersHasbro said it would cut 1,000 jobs and announced the departure of its chief operating officer as the US toymaker revealed preliminary results for the fourth-quarter that were worse…