DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates opened the Dubai Air Show with a…
Category: Global Business News
WeWork, Once Valued At Close To $50 Billion, Seeks Bankruptcy Protection
WeWork has filed for Chapter 11 bankruptcy protection, a stunning fall for the office-sharing company once…
Uber, Lyft To Pay Ksh.49B To Drivers After New York State Probe
Uber and Lyft will pay $328 million (Ksh.49.5 billion) to settle a New York probe alleging…
Boeing Says ‘Cyber Incident’ Hit Parts Business After Ransom Threat
Boeing (BA.N), one of the world’s largest defense and space contractors, said on Wednesday it was…
Meta rolls out paid ad-free option for European Facebook and Insta users after privacy ruling
LONDON (AP) — Facebook and Instagram users in Europe are getting the option to pay for…
Money Market Funds: What They Are, How They Work, Pros and Cons
What Is a Money Market Fund? Key takeaways A money market fund is a type of…
A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now
FRANKFURT, Germany (AP) — For months after Ukraine’s Western allies limited sales of Russian oil to…
China Restricts Exports Of A Key Mineral, Stoking U.S. Fears About Battery Supply Chains
A Chinese declaration Friday banned exports of graphite without government permission, escalating a trade war with…
Oil Prices Surge As Israel Prepares To Invade Gaza
The spike is not yet showing up at the pump, but fears of a regional conflict…
IMF outlook worsens for a ‘limping’ world economy. Mideast war poses new uncertainty
The world economy has lost momentum from the impact of higher interest rates, the invasion of…