Showing 81 - 90 of 1,123
Stocks surge on interest rate hopes
AFP, Published on 04/10/2022
» LONDON: Global stocks rallied Tuesday and the dollar mostly slid as weak US data sparked hopes the Federal Reserve could ease its interest-rate hiking plans.
Pound hits record low versus dollar, markets drop on recession fears
AFP, Published on 26/09/2022
» HONG KONG: The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.
Netflix and Disney poised to shake up TV ad world
AFP, Published on 26/09/2022
» NEW YORK: With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of traditional television channels as the streaming services look toward continued expansion.
Swiss mull banning factory farms
AFP, Published on 22/09/2022
» GENEVA: The Swiss will vote Sunday on whether to ban intensive livestock farming in the largely rural country, which already has some of the world's strictest animal welfare laws.
US Fed raises key interest rate as recession fears mount
AFP, Published on 22/09/2022
» WASHINGTON: The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring prices -- an aggressive stance that has raised fears of a recession.
US Fed set to raise interest rates as recession fears mount
AFP, Published on 21/09/2022
» WASHINGTON: The Federal Reserve opened its second day of deliberations Wednesday that are expected to produce another big increase in interest rates as it tries to cool the economy to tamp down the highest inflation in 40 years, but recession fears are rising.
US Fed opens policy meeting with steep rate hike on the table
AFP, Published on 21/09/2022
» WASHINGTON: US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike seen as a near certainty amid stubbornly high inflation.
Google handed setback as EU court upholds record fine
AFP, Published on 14/09/2022
» LUXEMBOURG: The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.
EU plans 'comprehensive reform' of electricity market
AFP, Published on 14/09/2022
» STRASBOURG (FRANCE) - The EU plans a "deep and comprehensive" reform of the electricity market to cope with an energy crisis spurred by Russia's war in Ukraine, European Commission chief Ursula von der Leyen said Wednesday.
British cinema chain Cineworld files for US bankruptcy
AFP, Published on 08/09/2022
» LONDON: Britain's Cineworld, the world's second biggest cinema chain, announced Wednesday that it has filed for bankruptcy protection in the United States as it seeks to restructure after facing low audience numbers.