Yellen: Case for raising rates has strengthened ‘in recent months’
Fed Chair Janet Yellen voiced optimism about the economy and an expectation that interest rate hikes are ahead.
Volkswagen to pay US dealers hit by emissions scandal
Germany’s Volkswagen tells a US court that it plans to compensate car dealers in America hit by the diesel emissions scandal.
If Yellen is bullish on economy, this may be why
As businesses and governments cut spending this spring, American consumers kept the U.S. economy moving ahead, but just barely.
Yellen says a rate hike is coming—but markets say not now
Fed Chair Janet Yellen signaled a rate hike could be coming this year, and markets stuck to the view that the most likely time is December.
Prada seeks younger customers in bid for growth
Italian luxury fashion group Prada predicts a return to growth as it seeks to connect with younger customers through online sales and flexible pricing.
Top French court suspends burkini ban
A top French court on Friday suspended a ban on full-body burkini swimsuits.
Sir Richard Branson ‘thought he would die’ in bike crash
Virgin founder Sir Richard Branson says he thought he was “going to die” after crashing his bike on the Caribbean island of Virgin Gorda.
WhatsApp and Facebook data sharing plan being investigated
The UK’s Information Commissioner (ICO) is looking into WhatsApp’s decision to share more data with parent company Facebook.
Rand slides amid fresh political uncertainty in South Africa
South Africa faces a period of political and economic uncertainty, says one analyst.
Apple issues global iPhone security update for unprecedented Middle East spyware
How an iPhone could be completely compromised with the tap of a finger.