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Business
Ankara (Turkey)-Delegations from Sweden and Finland were scheduled on Wednesday to hold talks in Ankara with senior Turkish officials to overcome Turkey’s objections to their historic bids to join the NATO alliance. Sweden and Finland submitted their written applications to join NATO last week
London (UK)- Growth in UK manufacturing and services slowed more than expected to the lowest rates in more than a year as the cost of living crisis, rising rates and inflation hit demand this month, a survey has shown. The composite purchasing manager index from S&P Global and CIPS UK, a barometer of the health […]
New York (USA)- Wall Street rumbled to the edge of a bear market Friday after another drop in stocks briefly sent the S&P 500 more than 20% below its peak set early this year. The S&P 500 index, which sits at the heart of most workers’ 401(k) accounts, was down as much as 2.3% for the day […]
Koenigswinter(Germany)- Finance ministers for the Group of Seven leading economies on Thursday will deal with the immediate effects of Russia’s war in Ukraine and the COVID-19 pandemic, overtaking their more ambitious plans to reform the global economy. A few issues drawing leaders’ attention are a refugee crisis, high inflation, food insecurity exacerbated by
CHICAGO — United Airlines and its pilots’ union said Friday they reached tentative agreement on the outline of a new contract, a notable deal while labor tension has increased in the airline industry. The leader of the United chapter of the Air Line Pilots Association, Michael Hamilton, and United Airlines CEO Scott Kirby called it […]
BOSTON — A group of Christian, Hindu, Buddhist and Jewish leaders is asking Starbucks to stop charging extra for vegan milk alternatives, saying the practice amounts to a tax on people who have embraced plant-based lifestyles. In a statement issued Friday, an interfaith coalition led by Nevada-based Hindu activist Rajan Zed pressed the coffee chain […]
The U.S. baby formula shortage has sparked a surge of interest at milk banks around the U.S. with some mothers offering to donate breast milk and desperate parents calling to see if it’s a solution to keep their babies fed. It’s a pathway that won’t work for every formula-fed baby, especially those with special dietary […]
DUBAI, United Arab Emirates — One of the world’s biggest airlines and the Mideast’s top carrier, Emirates Air, said Friday it lost $1.1 billion over the past fiscal year, but that figure still marks an 80% improvement from the year before. The airline said revenue was up 91%, reaching $16.1 billion. As Emirates Air claws […]
DETROIT — Tesla billionaire Elon Musk has put his plan to buy Twitter on what he called a temporary “hold,” raising fresh doubts about whether he’ll proceed with the $44 billion acquisition. Musk tweeted early Friday that he wanted to pinpoint the number of spam and fake accounts on the social media platform. He has […]
ATLANTA — South Korean automaker Hyundai Motor Group is expected to announce next week that it’s building a massive electric vehicle plant near Savannah, Georgia, according to a U.S. official familiar with the anticipated announcement. Hyundai is finalizing those plans as President Joe Biden is set to travel to South Korea next week as part […]
