The European Union has fined Apple €1.84 billion ($2 billion) for breaking its competition laws. The…
Category: Global Business News
US allows China to boost passenger flights to 50 per week as summer travel season nears
Washington will allow Chinese airlines to further increase their direct passenger flights to the United States,…
Senators urge Biden to end duty-free treatment for packages valued at less than $800
Two U.S. senators looking to crack down on the number of packages from China that enter the country…
Banks ditch crypto assets for central bank digital currencies
African banks are abandoning plans to invest in crypto assets or use the technology, dealing a blow…
Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation,…
China’s homegrown passenger jet makes international debut
Beijing’s C919 airliner, a potential rival to Western-made Boeing and Airbus planes, made its first foray…
Why are shopping carts always broken?
It’s an almost-inevitable part of any shopping trip. You enter a store to grab a few…
Britain falls into recession
The United Kingdom has slipped into recession, official figures showed Thursday, just months ahead of a general…
Japan slips into a recession and loses its spot as the world’s third-largest economy
Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023…
The owners of Russia’s tech pioneer Yandex are selling — at a big, Kremlin-required discount
The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country…