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Barclays says 3,000 jobs have been culled so far this year

"At the end of Q1 there were a number of questions about how Jes Staley's plan for the bank was pla…

Yusuf Khan   


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Oreo-maker Mondelez is bracing for Brexit - saying the pound's drop and price spikes may hurt sales of chocolate, cookies, and candy

The UK division of Mondelez is a "snacking powerhouse" that commands a large share of the chocolate…

Theron Mohamed   


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The body of India's missing 'coffee king' has been found

V.G. Siddhartha, the founder of India's largest coffee chain, Coffee Day, told his driver he was go…

Theron Mohamed   


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Beyond Meat's CEO says it's 75% of the way towards matching animal meat

Strong demand for Beyond Burger nearly quadrupled Beyond Meat's net revenue to about $67 million la…

Theron Mohamed   


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5 ways the video-game industry will change in the next decade

The video-game industry is poised to change dramatically over the next decade. Cloud gaming, digita…

Theron Mohamed   


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Swell, a do-good investing app with $33 million in assets, is shutting down

"Gen-Z consumers see ESG as a priority like no generation before, with the perceived morals of a fi…

Rebecca Ungarino   


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Welcome to Cultivated: An an inside look at the deals, trends, and personalities driving the multibillion-dollar global cannabis boom

The fiasco at Canadian marijuana producer CannTrust dominated the news in the sector over the past …

Jeremy Berke   


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Stocks are dropping as traders worry about the US-China trade war, Iran tensions, and weak earnings

Meanwhile, Netflix shares plunged on Wednesday after it reported its first decline in US subscriber…

Theron Mohamed   


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Leaked Barclays memo warns of a crackdown on traders using cell phones on the trading floor

Barclays is going through a particularly turbulent time in its markets division after the shock dep…

Rebecca Ungarino,Trista Kelley   


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Bank of America Merrill Lynch beats Wall Street forecasts with record second-quarter earnings

"Our commitment to responsible growth resulted in the best quarter and first-half year of earnings …

Theron Mohamed   


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Richard Branson's Virgin Galactic is going public in 3, 2, 1...

Virgin Galactic has raised upwards of $1 billion since its founding in 2004, and collected about $8…

Theron Mohamed   


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The economist nicknamed 'Dr Doom' just gave a bleak economic outlook - calling China and Iran '2 big shocks' that will lead to 'severe recession'

Meanwhile, if rising tensions between the US and Iran break out into war, the disruption to oil sup…

Theron Mohamed   


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Bankers are rushing to take Oxford University's fintech courses before robots take their jobs

The financial sector is experiencing sweeping changes. Algorithmic trading is forecast to grow 11% …

Theron Mohamed   


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Stocks are jumping as traders see 'light at the end of the trade-war tunnel'

"The sentiment in the markets is turning bullish as investors are hoping from some sort of meaningf…

Theron Mohamed   


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Gun and ammo sellers are suffering from a lack of 'fear-based buying' because no one's worried about gun control under Donald Trump

American Outdoor, which owns Smith & Wesson, sold nearly 700,000 fewer handguns and long guns i…

Theron Mohamed   


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Traders waiting for the Fed's 'moment of truth' are sending global stocks higher

The Trump administration also ordered an additional 1,000 troops to the Middle East in response to …

Theron Mohamed   


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Trump is threatening sanctions on Germany over its Russian gas pipeline, opening a new front in the trade war that the Kremlin calls 'blackmail'

US lawmakers fear the pipeline would tighten Russia's grip on European energy, bolstering its clout…

Theron Mohamed   


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Pricey data, slashed fees, and poor returns are hurting hedge funds' margins -and some are getting in the business of helping their rivals

Other examples of spun-off companies D.E. Shaw's Arcesium, a back-office technology firm, and Breva…

Bradley Saacks   


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Global stocks are rallying as traders see Fed comments as 'central banks to the rescue'

The stock-market rally is a "clear case of central banks to the rescue," said Jasper Lawler, head o…

Theron Mohamed   


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Global stocks plunge after China hints it could unleash a 'powerful' trade war weapon

The prospect of a fiercer trade war prompted investors to sell stocks and buy bonds, sending the yi…

Theron Mohamed   


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The brands upending retail, an exclusive invite, and hot cannabis startups

That presents a sizeable opportunity. As my colleague Lucia Moses reported this week, in the TV wor…

Matt Turner   


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The world's biggest shipping company warns Trump's China tariffs are hammering global trade

AP Moller-Maersk pegged growth in global container trade at 1.7% in the first quarter, a sharp slow…

Theron Mohamed   


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China just tested its 'nuclear option' in the trade war

China is the biggest foreign holder of US government debt, with more than $1.2 trillion in Treasury…

Theron Mohamed   


Theron Mohamed   


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Amazon's Deliveroo investment is a bad sign for Uber - shares of an Uber Eats rival are tanking

Amazon led a $575 million financing round into Deliveroo, potentially making the e-commerce giant o…

Theron Mohamed