Latest Business News & Archive

The World Bank estimates that India's GDP would have been 4.5 percent higher at the end of 2023 had the country managed to curb pollution by half in the previous 25 years

Mounting Economic Costs Of India's Killer Smog

Noxious smog smothering the plains of north India is not only choking the lungs of residents and killing millions, but also slowing the country's economic growth.

Cheers, Angst As US Nuclear Plant Three Mile Island To Reopen

A series of equipment malfunctions and human errors saw the plant's Unit 2 melt down in 1979, releasing radioactive materials into the atmosphere

The planned reopening of the Three Mile Island nuclear plant is praised as a boon for Pennsylvania and a boost for AI, but it is loathed by residents still haunted by a near-catastrophic meltdown there in 1979.

US Consumers To Bargain Hunt In Annual 'Black Friday' Spree

US retailers have been unveiling discounts ahead of the annual 'Black Friday' promotions, the day after Thanksgiving

US shoppers are coming out in force this holiday season, but the festiveness is being tempered by inflationary pressures that have abated but not completely faded.

BIWC Group: Unveiling the Shadows of corporate deception

In the cutthroat world of business, trust can often be elusive, and it can take a team of skilled professionals to expose deception and protect the innocent. This is where BIWC Group enters the stage; a business intelligence agency led by ex-Israeli special forces with a global network of contacts and an almost endless outreach.

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Google selling its Chrome browser to another tech titan is likely to trigger antitrust concerns similar to those that prompted the US government to call for its sale in the first place

What Forcing Google To Sell Chrome Could Mean

US antitrust lawyers are calling on a judge to force the sale of Google's Chrome browser to limit the company's market clout in a move that would shake up the internet giant.

Hedge fund manager Scott Bessent has reportedly been tapped to lead the US Treasury in the new administration of President-elect Donald Trump

Trump Names Hedge Fund Manager Scott Bessent As Treasury Chief

US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.

President Daniel Ortega, 79, has engaged in increasingly authoritarian practices, tightening control of all sectors of the state with the aid of his powerful wife, 73-year-old Vice President Rosario Murillo

Nicaragua OKs Reform To Boost Powers Of President, Wife

Nicaragua's President Daniel Ortega and his wife are set to assume absolute power after loyalist lawmakers Friday approved a constitutional amendment elevating her to the position of "co-president" and boosting the pair's joint control over the state.

'Dreamer' Amorim Vows To Revive Ailing Man Utd

New Manchester United manager Ruben Amorim said he is the right man to revive the ailing English giants' fortunes ahead of his debut against Ipswich on Sunday.

Ryanair, which was the first to start charging extra for hand luggage in November 2018, was slapped with the biggest fine

Spain Fines 'Abusive' Budget Airlines 179 Mn Euros

Spain's leftist government said Friday it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million) for "abusive practices" such as charging passengers for hand luggage.

The attack targeted children and young people attending an Ariana Grande concert

Manchester Attack Survivors Lose Bid To Sue Intel Agencies

More than 300 people affected by the 2017 Manchester Arena bombing on Friday lost their bid to sue Britain's domestic intelligence services for failing to take "appropriate measures" to prevent the attack.

DirecTV Terminates Dish Deal After Bondholders Reject Debt Swap Proposal

DirecTV has terminated its agreement to acquire Echostar following disagreement on debt exchange.

FAA To Review 737 MAX Engine Issues Following Bird Strike Incidents

The FAA plans to convene a review board that would look into the effects of the bird strike in 2023.

Hong Kong tycoon Jimmy Lai has been behind bars since December 2020

Hong Kong Tycoon Jimmy Lai Tells Court He Advocated 'Peaceful Resistance'

Jailed Hong Kong tycoon Jimmy Lai on Friday said he had advocated for "peaceful resistance" against China's erosion of the city's freedoms and tried to "reduce violence" during huge democracy protests in 2019.

The full three-day event has returned after a five-year hiatus pro-democracy protests that engulfed Hong Kong in 2019, and the coronavirus

Hong Kong Seniors Celebrate Life With Mass Marriage Vow Renewal

Rowdy cheers spilled from a Hong Kong banquet hall hosting a mass wedding party, as one of the 20 elderly couples renewing their vows coquettishly shared a strawberry marshmallow mouth-to-mouth.

Tourists died in a Thai hospital after suspected methanol poisoning during a night out in Laos

Second Australian Dies After Suspected Laos Poisoning

A second young Australian tourist died in a Thai hospital on Friday, bringing the death toll related to suspected methanol poisoning during a night out in a Laos backpacker hotspot to six.

Russia Says 'Derailed' Kyiv's War Plans After Uproar Over Test Strike

Russia said on Friday it had scuppered Kyiv's military objectives for 2025 just after President Vladimir Putin issued a warning to the West by test-firing a new intermediate-range missile at Ukraine.

German industry has been struggling as the economy faces headwinds

German GDP Downgraded In New Blow For Struggling Economy

German third-quarter growth was downgraded Friday with official data showing it expanded even more weakly than previously thought, in a new blow for Europe's top economy as it battles multiple headwinds.

Microsoft says it has detected a renewed wave of cyberattacks from the same state-backed group behind the massive SolarWinds hack

Senator Calls Salt Typhoon The Worst Cyberattack In U.S. History

Chairman of the Senate Intelligence Committee, Mark Warner said Salt Typhoon telecom hack makes Colonial Pipeline and SolarWinds, the major cyberattacks linked,to Russian-speaking criminals and to the Russian government — "look like child's play."

Ireland is concerned if Donald Trump imposes swingeing import tariffs and cuts the US corporate tax rate

Irish Economy Faces The Test Of Trump's Protectionism

With a general election next week, Ireland and its 5.4 million inhabitants fear finding themselves in the eye of a protectionist storm promised by incoming US president Donald Trump.

Experts told AFP that Hanwha's Chunmoo guided missile system could make a major impact on the battlefields of Ukraine if Kyiv was able to access it

Inside The South Korean Weapons Factory That Could Supply Kyiv

At the outskirts of a South Korean industrial city, workers at a sprawling weapons factory were conducting final-stage testing for a newly built surface-to-air defence system that could, eventually, head to Ukraine.

Oil prices have been boosted by geopolitical tensions after Russian President Vladimir Putin said the conflict with Ukraine had characteristics of a 'global' war

Most Asian Markets Track Wall St Gains, Bitcoin Closes On $100,000

Most Asian markets gained Friday after a bounce on Wall Street, while bitcoin continued its march higher to move within touching distance of the $100,000 mark.

Pep Guardiola is extending his stay as Manchester City manager

Guardiola Says 'I Could Not Leave Now' As He Signs New Manchester City Deal

Pep Guardiola has extended his contract as manager of Premier League champions Manchester City for a further two seasons, saying Thursday "I could not leave now" with the club facing arguably the toughest period of his time at the Etihad Stadium.