It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world. NEW…
Category: Global Business News
A major bank failed. Here’s why it’s not 2008 again
NEW YORK (AP) — The financial institution best known for its relationships with high-flying world technology…
U.S. Debt Limit Crisis Could Come As Early As June, According To Some Economists
It’s more likely to happen later in the summer, they say, but the Treasury may find…
How Africa’s central banks are tackling runaway inflation
Major African central banks are maintaining a tightening stance on borrowing costs, with others raising interest…
After Tesla price cut, Ford follows suit with Mustang Mach-E
DETROIT (AP) — Ford is cutting prices on its Mustang Mach-E electric SUV by as much…
Boeing’s 747, the original jumbo jet, prepares for final send-off
Boeing’s 747, the original and arguably most aesthetic “Jumbo Jet”, revolutionized air travel only to see…
Should Restaurants Just Include Tips In The Cost Of A Meal?
Here’s how included tips pay out, and pay off, for restaurant employees. “Rent Is 2 Damn…
Firms see gloomy 2023 on global slowdown fears
Nearly 90 percent of local private sector firms do not expect a rise in business activities…
Biden proposes to ‘sweeten’ Agoa benefits
Agoa comeback under threat from Africa free trade deal. The US government is exploring ways of…
Collapsed US crypto firm FTX put billions in 3 Kenyan firms
Crypto exchange FTX and its sister company Alameda Research, which have filed for bankruptcy in a…