Showing 1 - 10 of 39
Bank of England delivers big rate hike
Published on 22/06/2023
» LONDON: The Bank of England (BoE) rattled markets by raising interest rates by half a percentage point — twice the amount expected — on Thursday, after it said there had been “significant” news suggesting British inflation would take longer to fall.
Jury hears Musk told 'lies' that cost Tesla investors millions
AFP, Published on 19/01/2023
» SAN FRANCISCO: A lawyer for angry Tesla investors told a California courtroom on Wednesday that CEO Elon Musk "lied" about having funding in place to take the company private, costing his clients millions of dollars.
Global Economy Slows, but Seems to Be Faring Better Than Feared
Business, Published on 25/11/2022
» The global economy continued to deteriorate as 2022 draws to a close, but not as severely as economists previously feared, raising the possibility the world could avoid a deep slump next year.
International Discord Undercuts Global Growth, Worsens Inflation
Business, Published on 31/10/2022
» The global economy is once again under strain, but this time without the international cooperation that helped resolve previous post-Cold War crises. Instead, many of the world's biggest powers are now intent on undermining one another, with unsettling economic implications.
China export growth slows sharply in August: official data
AFP, Published on 07/09/2022
» BEIJING: China's export growth slowed significantly in August, customs authorities said Wednesday, as economic uncertainty is exacerbated by strict Covid-19 lockdowns across the country.
Don't Expect Big Consumer Brands to Lower Prices Soon
Business, Published on 28/07/2022
» Consumers looking for relief from higher prices might have to wait a while.
Twitter Lawsuit Adds to Musk's Tesla and SpaceX Challenges
Business, Published on 16/07/2022
» Elon Musk built his reputation and fortune juggling diverse businesses -- a skill that is being tested like rarely before as he seeks to abandon his deal for Twitter Inc., while confronting challenges at Tesla Inc. and his rocket company SpaceX.
For Fed, Easing Too Soon Risks Repeat of Stop-and-Go 1970s
Business, Published on 12/07/2022
» Federal Reserve chairman Jerome Powell is raising interest rates at the fastest pace since the 1980s. That has been easy so far because rates are low and the economy has been strong.
Amazon, Microsoft, Google Strengthen Grip on Cloud
Business, Published on 07/07/2022
» The pandemic period has been a boon for the trio of companies that dominate cloud computing. Now as the economy enters another tumultuous phase, Amazon.com Inc., Microsoft Corp. and Google appear poised to extend their strength.
Holiday mood
Asia focus, Nareerat Wiriyapong, Published on 09/05/2022
» Returning to Phuket for the first time in three years, Henri Giscard d'Estaing is busy visiting government officials and business partners on the southern island world-renowned for its white sandy beaches, crystal clear waters, historical old town and delicious food.