Business

Fossil fuel cars waste hundreds of times more raw material than their battery electric equivalents, according to a study that adds to evidence that the move away from petrol and diesel cars will bring large net environmental benefits. Only about 30kg of raw material will be lost over the lifecycle of a lithium ion battery […]

Aviva has become the first leading insurer worldwide to set a target to shrink its carbon footprint to net zero by 2040, a decade earlier than most banks. The firm, one of the UK’s top asset managers with £300bn of investments under management, said it had written to the 30 biggest CO2 emitters in its […]

Female directors at the UK’s largest financial services firms are paid on average two-thirds less than their male counterparts, new research shows, underlining the pay gap that still exists between men and women at the highest levels in the financial sector. Average pay for female directors at financial services companies stands at £247,100, 66% lower […]

A rogue landlord who operated illegal rooming houses in London has been told to pay back £739,000 in illicit earnings or face jail, in one of the biggest confiscation orders of its kind, the council that investigated the case has said. Planning enforcement officers at Brent council discovered up to 15 people living in some […]

Robinhood CEO Vlad Tenev told a congressional hearing that his decision to curb buying in some stocks such as GameStop Corp during a period of extreme volatility was unavoidable, but industry experts said it only underscored the risks the popular trading app was willing to accept to expand its market share. Robinhood’s Jan. 28 restrictions […]

Facebook has blocked people in Australia from accessing and sharing news content in a dispute with the government that would require it to share revenue from news. Jurisdictions around the world have been enacting rules to require Google, Facebook and others to share revenue with publishers, including a 2019 directive from Brussels which European Union […]

The U.S. Securities and Exchange Commission on Friday suspended trading in more securities that have seen jumps in both prices and trading volumes since late January amid social media interest. The SEC temporarily suspended trading of Marathon Group Corp, Affinity Beverage Group Inc, and Sylios Corp beginning on Friday and ending on March 4, the […]