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BUSINESS

Binance halts trading in US dollars

New York Times, Published on 09/06/2023

» NEW YORK: The American branch of Binance, the giant cryptocurrency exchange, said late Thursday that it would no longer allow customers to trade on its platform using United States dollars, after its banking partners cut the firm off in response to a crackdown by federal regulators.

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BUSINESS

EU agrees on new sanctions against Russia

New York Times, Published on 17/12/2022

» BRUSSELS: The European Union (EU) on Friday approved a new round of sanctions against Russia, including banning drone exports to the country, as the bloc strives to maintain a united front and keep up financial pressure on Moscow over the Kremlin’s war in Ukraine.

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BUSINESS

Food export bans in Asia prompt fears of more protectionism

New York Times, Published on 11/06/2022

» As Russia’s invasion of Ukraine helped push global agricultural prices to soaring heights, some Asian governments restricted the export of products they viewed as essential to domestic food security.

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BUSINESS

Millions more invested in lab-grown foie gras

New York Times, Published on 21/07/2021

» Can foie gras grown in a lab taste just as decadent and creamy as that made from farm-raised ducks or geese?

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BUSINESS

As 737 Max crisis festers, Boeing fires its leader

New York Times, Published on 24/12/2019

» NEW YORK: Boeing said on Monday that it had fired its chief executive, Dennis A. Muilenburg, who was unable to stabilise the company after two crashes involving its best-selling 737 Max plane killed 346 people and set off the worst crisis in the manufacturing giant’s 103-year history.

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BUSINESS

Apple’s $1-trillion milestone reflects rise of megacompanies

New York Times, Published on 03/08/2018

» US Steel. General Motors. AT&T. Exxon Mobil.

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BUSINESS

Johnson & Johnson told to pay $4.7bn in powder case

New York Times, Published on 13/07/2018

» NEW YORK: Johnson & Johnson was ordered Thursday to pay $4.69 billion to 22 women and their families who had claimed that asbestos in the company’s talcum powder products caused them to develop ovarian cancer.