Business and Financial News

It was the costliest scandal in the history of British banking: the mis-selling of payment protection insurance, or PPI, to tens of millions of borrowers who didn’t want it, didn’t understand what they were buying or whose policies didn’t cover what they thought. Starting in 2006, financial regulators began issuing fines over problems with PPI, and a wave of refund requests crashed over U.K. lenders. The period for filing claims has now ended and banks are ready to turn the page. But shareholder

When plumbing works well, you don’t need to think about it. That’s usually the case with a vital but obscure part of the financial system known as the repo market, where vast amounts of cash and collateral are swapped every day. But when it springs a leak, as it did this week, it rivets the attention of the U.S. Federal Reserve, the nation’s largest banks, money-market funds, corporations and other big investors. The Fed calmed things down by pumping in billions of dollars, but it may have a lot

Brazil is known for its complex business environment, and its byzantine tax system is a big reason why. According to the World Bank’s Doing Business rankings, Brazil is the world’s seventh-worst place to have to pay taxes, roughly on par with the Republic of Congo and Bolivia. President Jair Bolsonaro’s government, continuing to tackle some of the most vexing issues facing Latin America’s largest economy, hopes to simplify taxes for both business and ordinary citizens, a goal that eluded prior h

An annual nuisance, stinging smoke from massive wildfires is blanketing parts of Indonesia, Malaysia and Singapore this year on a greater than usual scale. Most of the blazes result from illegal slash-and-burn methods used to clear farmland for cash crops such as palm oil, a technique that persists despite years of government efforts to stamp it out. The haze is not only unhealthy -- thousands of people have reported acute respiratory illnesses -- but it has a wide impact, disrupting air travel

A combination with Dish makes sense, but it may have to wait on the outcome of a phone industry merger.

Latest News

Times of Israel: Parties jostle for position, hold talks in bid to break coalition impasse

Times of Israel: Court accepts plea deal in graft case tied to top Yisrael Beytenu aides

Times of Israel: Rival UN resolutions on Syria cease-fire shot down

Times of Israel: Poway killer told 911 he was ‘defending our nation against the Jewish people’

Times of Israel: Israel defends fatal shooting of knife-wielding woman as video raises concern

Times of Israel: WeWork CEO Adam Neumann wants to be Israel’s prime minister

Times of Israel: US military presenting range of options to Trump on Iran

Times of Israel: Jamie-Lynn Sigler to voice Disney’s first Jewish princess

Times of Israel: NJ man charged with scouting landmarks for Hezbollah, trying to kill Israeli spy

Times of Israel: In Olympics baseball qualifier, Team Israel seeks to catch trip to 2020 Games

Times of Israel: Committee publishes ‘almost final’ results; Blue and White lead Likud 33-31

Times of Israel: Zuckerberg meets Trump, senators; nixes breaking up Facebook

Times of Israel: Women’s March board member critical of Israel and the FBI removed after 2 days

Times of Israel: Did Moshe Kahlon’s ‘sane right’ voters revolt against Netanyahu?

Times of Israel: Dethroning King Bibi: Why, and how, Likud could get rid of its longtime leader

Globes: Cox Automotive starts Israel auto-tech operations

Globes: Amot buys full ownership of Kiryat Ono mall

Globes: Building starts continue to fall

Globes: National unity gov't is Israeli Treasury's dream

Globes: Unemployment in Israel rose in August

Globes: Nacht: Israelis still see the medical sector as risky

Globes: Netanyahu invites Gantz to national unity gov't talks

Globes: Gantz: I'll set up broad, liberal national unity gov't

Globes: Unemployment in Israel rose in August

Globes: Building starts continue to fall

Globes: Amot buys full ownership of Kiryat Ono mall

Globes: Shekel gains after US Fed rate cut

Globes: Thu: Tel Aviv 35 index up 0.4% for week

Globes: Cox Automotive starts Israel auto-tech operations

Globes: Sinai tourism from Israel exceeds 1m in 2019 so far

Globes: Nacht: Israelis still see the medical sector as risky

Globes: Liberman: I'll recommend Gantz for prime minister

Globes: Amazon set to launch in Israel at start of next week

Jpost: Two Israelis contract Zika after visiting Thailand

Jpost: Burger King scraps plastic toys in children's meals, launches amnesty

Jpost: Empowering entrepreneurs in the West Bank

Jpost: Samsung innovation chief: Israel key to remaining at tech's cutting edge

Jpost: Russia arrests shaman who vowed to banish 'demon' Putin from the Kremlin

Jpost: Mayim Bialik stars in new comedy series

Jpost: Alien enthusiasts descend on Nevada desert near secretive U.S. base

Jpost: Hillel's Tech Corner: Medial EarlySign - proactive healthcare

Jpost: Ben-Gurion University study says 'Havana Syndrome' caused by pesticides

Jpost: More than hummus: Israeli food tech start-up launches chickpea-based milk

Jpost: See the face of your 100,000-year-old ancestor

Jpost: Border wall and Iran among hurdles for $700 billion U.S. defense bill