U.S. regulators approve $5 billion Facebook settlement over privacy issues

The FTC has been investigating allegations Facebook inappropriately shared information belonging to 87 million users with the now-defunct British political consulting firm Cambridge Analytica.The probe has focussed on…

U.S. bankruptcy judge approves sale of Sears to Chairman Lampert

Judge Robert Drain approved the sale after a hearing spanning several days in a White Plains, N.Y., federal bankruptcy court. He overruled objections, including from an unsecured creditors…

Weak jewellery sales to peg gold below $1,300 in 2019

In 2018 gold XAU= fell for the first time in three years as rising stock markets and higher U.S. interest rates offered better returns and a strong dollar…

Brands react to latest sub-minimum wage report as supply chains stay in spotlight

Nike, H&M, Gap, Tesco and Marks & Spencer are among major brands sourcing clothing from Karnataka saying they were committed to paying the legal minimum wage and expected…