Showing 1 - 10 of 29
Trump’s next target: credit card interest rates
Published on 10/01/2026
» WASHINGTON - US President Donald Trump has called for a one-year cap on credit card interest rates at 10% starting on Jan 20, but he has not provided details on how his plan would work or how companies could be made to comply.
Airbus bags Saudi order as Franco-Israeli dispute rocks air show
Reuters, Published on 16/06/2025
» PARIS - Airbus bagged a $3.5 billion plane order from Saudi Arabia's AviLease on the opening day of the Paris Airshow on Monday, as a diplomatic dispute erupted over France's decision to shut down four Israeli stands for displaying deadly weapons.
US auto workers, companies face off on day two of strike
AFP, Published on 16/09/2023
» WAYNE (UNITED STATES) - Workers and management from the iconic "Big Three" auto giants in the United States were to face off at the negotiating table Saturday on the second day of a strike threatening to disrupt the economy and rock the 2024 presidential election campaign.
Profits at ExxonMobil, Chevron skyrocket with oil prices
AFP, Published on 30/07/2022
» NEW YORK: US oil giants ExxonMobil and Chevron -- targets of White House criticism over soaring gasoline costs -- reported record quarterly profits Friday amid the war in Ukraine that sparked a steep rise in energy prices.
Powell wins second term as Fed chief as inflation battle rages
AFP, Published on 13/05/2022
» WASHINGTON: The US Senate on Thursday confirmed Jerome Powell to a second term as head of the Federal Reserve, as the central bank ramps up its fight to crush soaring inflation.
Starbucks interim CEO Schultz to suspend share buyback programme
AFP, Published on 05/04/2022
» NEW YORK - The newly installed interim chief executive of Starbucks Howard Schultz announced Monday he will suspend a share repurchase programme as the chain navigates a challenging landscape amid a growing unionisation push.
Tight US labour market prompts more wage hikes at big companies
AFP, Published on 14/05/2021
» NEW YORK: McDonald's announced Thursday it will hike wages at US company-owned restaurants as it seeks another 10,000 employees, while Amazon launched a North American recruitment drive with signing bonuses of up to $1,000.
Covid rescue plan expected to pass Congress Wednesday
AFP, Published on 10/03/2021
» WASHINGTON: US President Joe Biden's massive relief plan is on track to cross the finish line Wednesday with a final House vote, stimulating an economy digging out from the coronavirus pandemic and offering a lifeline for millions of families.
Amazon workers begin voting in landmark US union push
AFP, Published on 09/02/2021
» WASHINGTON: Workers at an Amazon warehouse in Alabama have begun voting on whether to form the first American union at the e-commerce giant, an effort that could pave the way for further unionization in the United States at one of the world's most powerful companies.
Wall Street 'predators' make allies of political foes
AFP, Published on 02/02/2021
» NEW YORK: Recent stock market mayhem has done what appeals to rise above self-interest could not -- gotten US politicians of all stripes to agree.