Category Business

LONDON — British authorities said Thursday that they are banning the Chinese-owned video-sharing app TikTok from government mobile phones on security grounds, following similar moves by the U.S. and European Union. Cabinet Office minister Oliver Dowden told Parliament that the…

KIGALI, Rwanda — Britain’s government said Sunday that it could start deporting asylum-seekers to Rwanda in the next few months — but only if U.K. courts rule that the controversial policy is legal. The Home Office said it was aiming…

GENEVA — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators to stave off further market-shaking turmoil in the global banking system. Swiss authorities urged UBS to take over its…

Tyson Foods is closing two facilities that employ more than 1,600 people in an effort to streamline its U.S. poultry business. The company said Tuesday it plans to close its processing, broiler and hatching operations in Glen Allen, Virginia, and…

The world’s largest poultry producer, Tyson Foods, is among nearly a dozen poultry companies that have less than two months to reach agreement with the state of Oklahoma on how to clean a watershed polluted by chicken litter. U.S. District…

ANKARA, Turkey — Floods caused by torrential rains hit two provinces that were devastated by last month’s earthquake, killing at least 10 people and increasing the misery for thousands who were left homeless, officials and media reports said Wednesday. At…

PAWTUCKET, R.I. — Toymaker Hasbro said Thursday it is cutting about 1,000 jobs as part of moves announced last year to save up to $300 million annually by 2025. The nearly century-old Rhode Island-based company behind Monopoly, Play-Doh and My…

WASHINGTON — TikTok was dismissive Wednesday of reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app, saying such a move wouldn’t help protect national security. The company was responding…

STOCKHOLM — Tickets for the first concert of Beyoncé’s upcoming “Renaissance” world tour sold out Tuesday, and concert management group Live Nation said a second concert in Stockholm was added because of the high demand. The tour starts in Sweden…