IMF approves $7bn funding agreement for Pakistan | Business and Economy News
Approval comes more than two months after international lender and Islamabad said they had agreed on programme.The International Monetary Fund (IMF) has approved a new…
Can Israel afford another war in Lebanon? | Business and Economy
Israel’s war on Gaza has ground its vital economic sectors to a halt.Almost a year into the war on Gaza, Israel’s economy is facing its…
Justice Department sues Visa for monopolizing debit card market
The Justice Department filed a lawsuit against Visa on Tuesday, accusing the company of monopolizing the debit card market while "charging significant fees and stifling…
New law makes canceling subscriptions a snap in California
Music on demand. Television programs. Mobile phone service. Professional sports telecasts. Audiobooks. News. Videogames. Computer software.A growing number of products and services are being sold…
Boeing has improved on safety but needs more time, head of FAA tells Congress
1 of 4 | Federal Aviation Administration Administrator Mike Whitaker told a House committee Tuesday that Boeing must do more to improve aircraft safety following…
After the Deluge: The Devastating Impacts of Maiduguri Floods on Business Owners
As the flood waters in Maiduguri, the capital of Borno State, northeastern Nigeria, begin to recede, the submerged city is facing the effects of the…
German business confidence tumbles: Why is the DAX index defying gravity?
Germany's business confidence slumped for the fourth straight month in September, but the DAX stock index is defying the economic gloom, nearing record highs. ADVERTISEMENTGermany's…
U.S., Italy reassure Ukraine on its energy needs as winter nears, Russian war lingers
1 of 2 | On Monday, US Secretary of State Antony Blinken (seen in May) said how the G7 and partner nations have collectively “worked…
Labour’s UK Business Push Fails to Ease Worries Over Policy Void
Breadcrumb Trail LinksPMN BusinessBritish businesses have one key concern about Prime Minster Keir Starmer: Almost three months into his tenure, there’s still a dearth of…
This year, Clinton Global Initiative to focus on ‘what’s working’ for challenges around world
1 of 2 | The New York-based Clinton Global Initiative on Monday launched its annual two-day round of meetings and presentations on global challenges. “We…
The US Fed cut interest rates by more than expected. So what? | Business and Economy News
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy,…
Eurozone business activity contracts in September as Olympic boost fades
Eurozone business activity contracted in September, and weaker demand eased inflationary pressures. This supports the case for a European Central Bank (ECB) rate cut in…
Motel 6 chain sold for $525 million
It was announced Friday that India-based Oyo had acquired G6 Hospitality, Motel 6's parent company. Photo courtesy of Motel 6/Website Sept. 22 (UPI) -- Motel…
After vowing to halt Japan’s economic decline, Kishida leaves mixed legacy | Business and Economy
In his first policy address after taking office in October 2021, Japanese Prime Minister Fumio Kishida pledged to “faithfully rebuild” the economy after three decades…
Disney to stop using Slack after summer hacking incident
The logo for Slack hangs outside of the New York Stock Exchange on Wall Street on June 20, 2019. Disney said it will stop using…
I starred on the very first series of Dragons’ Den – two dragons pulled out after and my business collapsed
THINGS didn't quite go to plan for an original Dragons Den star after securing investment.Entrepreneur Charles Ejogo appeared in the BBC show's first-ever episode back…
FTC sues prescription drug middlemen, alleging they conspired over high insulin costs
1 of 3 | The Federal Trade Commission on Friday filed lawsuits against three prescription drug benefit managers or PBMs, including Express Scripts, over concerns…
Labor Department awards $203M in grants for job services for low-income seniors
Sept. 20 (UPI) -- The Labor Department Friday said $203 million in grants are being awarded to provide job training and career services to low-income…
Dow finishes week in record territory following Fed’s interest rate cut
Pedestrians walk near the New York Stock Exchange in New York City on Wednesday as the Federal Reserve Board announced its first interest rate cut…
Nike CEO John Donahue to retire; company veteran Elliot Hill will replace him
A Chinese woman walks past a Nike logo outside a Nike store in Beijing, China, on May 22, 2019. Nike announced a new president and…