The settlement allocates $1 billion in civil penalties and $1.5 billion in consumer restitution, marking the FTC's largest-ever penalty against a company. Amazon says it did not admit wrongdoing.
A veteran City columnist flags bezzle-like speculation, record debt and outsized bets in tech as indicators of a potential downturn.
Fernando Chico Pardo’s investment follows Citigroup’s plan to divest a 25% stake in Banamex and is contingent on regulatory approval, with a multi-year path ahead.
New Airbus A321XLR touts efficiency and comfort features, but economy lavatories are scarce, prompting questions about cabin design and future retrofits.
Citigroup plans to complete the sale next year after regulator sign-off; investment highlighted as a vote of confidence in Mexico's government and growth potential
A longtime financial columnist points to speculative bets, record highs and rising debt as indicators of a possible downturn, urging vigilance among policymakers and investors
Former chancellor says tax rises are a political choice and urges productivity gains, welfare reform, and debt discipline ahead of the Budget.
Liam Byrne seeks emergency funding as Jaguar Land Rover restarts production following a cyberattack; suppliers warn cashflow is critically tight and call for government help, with Tata ownership under scrutiny.
FTC says the deal includes $1 billion in civil penalties and $1.5 billion in restitution to consumers who were enrolled or deterred from canceling Prime memberships