Major European stock markets are moving in negative zone as anxiety over the Fed’s inflation-combat strategies eclipsed the optimism generated by the earnings updates. The DAX, FTSE-100 and the pan-European Stoxx 600 are a tad below the flatline. The Swiss benchmark SMI is down more than a quarter percent whereas the French benchmark is worse-off with a decline of more […]

New York (CNN Business)Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023, signaling higher prices at the pump are on the way. In a Monday evening report to clients, the Wall Street bank backed up its bullish call by citing “robust fundamentals” in the oil market, a “surprisingly […]

(CNN Business)With the trucking industry facing a shortage of qualified drivers, the US government is setting up an apprenticeship program for young truckers. The new program will allow people as young as 18 to drive big interstate semi trucks. The new program is coming on-line as the industry complains of driver shortages, which have gotten worse during the coronavirus pandemic. […]

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info If approved by regulators, the all-cash transaction will make Microsoft the third biggest games company, behind Chinese giant Tencent and […]

Hong Kong (CNN Business)China produced more coal than ever last year as its power stations struggled to meet demand for electricity, undermining plans to curb carbon emissions. While the surge in output helped bring the power crisis under control, coal prices are creeping up yet again this year amid expectations that China is going to need even more of the […]

Here is a snapshot of the global markets across stocks, currencies, bonds, commodities and cryptocurrencies. Global markets bounced back ahead of Fed Chair Powell’s Senate hearing, the crucial inflation data release from the U.S. etc. Asian equity markets however closed negative as Covid-19 related situation in China and in the region unnerved investors. European stocks are rallying, on the strength […]

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info It would be one of the largest UK takeovers and comes after three unsolicited bids from the owners of Dove, […]

Sadiq Khan grilled by NHS worker on congestion charge We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The buses were a key campaign pledge of Boris Johnson when […]

New York (CNN Business)Climate change policies have become front and center for companies — not only because of ethics and reputation, but also because their employees demand it. More than three-quarters of global executives said climate change policies affect their ability to attract and retain talent, according to Deloitte’s 2022 CxO Sustainability Report. That could be a wake-up call for […]

People who are feeling the pinch explain how their expenses are stacking up Last modified on Wed 19 Jan 2022 03.27 EST ‘We use hot-water bottles in the evening’ Most of primary school teacher Kate Locke’s salary goes on her rent – and in the last month, that’s gone up by 10%. Combined with the rising costs of food and […]