Google will likely be off the hook for paying damages to 21 million users who claim in an antitrust lawsuit they were overcharged in the company’s app marketplace as a federal judge retracted a ruling that gave them class-action status.
Japan’s unemployment rate rose for the first time in four months in July, while a gauge of labor demand weakened a tad, in a pair of worrisome signals for both the Bank of Japan and the government.
Chinese stocks surged at the open Monday after authorities took a raft of steps to bring investors back to one of the world’s worst-performing equity markets. But most of the gains were gone by the end of the session, with foreign funds extending what’s set to be a record outflow this month.
Florida is bracing for a major hurricane that is poised to bring life-threatening winds and storm surge to the Tampa Bay area as Tropical Storm Idalia neared hurricane strength Monday in the Gulf of Mexico.
The International Monetary Fund’s managing director, Kristalina Georgieva, will leave for Asia on Wednesday for a tour that will take her to China, Indonesia and India.
Strikes at Chevron Corp.’s liquefied natural gas export plants in Australia could begin as soon as Sept. 7, threatening to disrupt global energy supply and sending fuel prices higher.
Britain’s opposition Labour party is facing a backlash from its left wing after ruling out wealth taxes and promising to cut business regulations as it looks to shore up its economic credentials ahead of a general election expected next year.
Presidents Joe Biden and Luiz Inacio Lula da Silva will call for improved working conditions in the US and Brazil at a joint event in New York on the sidelines of next month’s United Nations General Assembly, according to Brazilian Labor Minister Luiz Marinho.
The slowest increase in grocery bills in almost a year drove down inflation in British shops in August, relieving some of the pressure on the Bank of England to keep raising interest rate hikes.
Griffin’s financial empire is going all out in the battle for “truly exceptional” new hires.
