Lower oil and natural gas prices drag on Eni’s earnings in fourth quarter
Shares in Italy's Eni SpA fell on Friday after the company published its latest financial results. ADVERTISEMENTEni said in a press release that its full-year…
IRS Commissioner Danny Werfel testifies as House Republicans seek to cut funding
1 of 5 | Internal Revenue Service Commissioner Daniel Werfel testifies during a House Ways and Means Committee hearing Thursday in Washington, D.C. House Republicans…
UK economy slips into recession, official data shows | Business and Economy News
Britain’s gross domestic product shrank by 0.3 percent in the last three months of 2023, after contracting 0.1 percent in the third quarter. The United…
U.S. blacklists network accused of procuring U.S. tech for Iran
The U.S. Treasury under Secretary Janet Yellen (L) imposed sanctions against three people and four entities accused of being a procurement network for Iran. File…
For foreign firms in Hong Kong, national security plans bring fresh chill | Business and Economy News
Taipei, Taiwan – As Hong Kong moves forward with controversial new national security legislation, its foreign business community is expressing reservations – albeit quietly –…
Experts say billions in US Senate bill would be better spent at home | Business and Economy News
A number of scholars, politicians and advocates have condemned the United States Senate’s passage this week of a foreign funding bill that would provide billions…
Mum divides opinion by flying business class, leaving baby and boyfriend in economy
A mum booked herself a business class seat while her partner and baby flew in economy - some say she deserves the break, others slammed…
Lyft shares rocket 62% over a typo in the company’s earnings release
Lyft shares jumped 62% after the closing bell on Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to…
In worst 1-day loss in nearly a year, Dow tumbles 525 points on new inflation data
Traders work the floor of the New York Stock Exchange (NYSE) on Wall Street in New York City. On Tuesday, the Dow Jones Industrial Average…
EU says Apple iMessage, 3 Microsoft services are not digital ‘gatekeepers’
The European Commission said four platforms under Apple and Microsoft were no longer considered so-called "gatekeepers" under the Digital Markets Act. File Photo by John…
Politics and convenience drive Mexico to be US’s top trading partner | Business and Economy News
Before Elon Musk announced that he would pour billions into building his largest Tesla plant in the industrial outpost of Monterrey, Mexico, United States trade…
Musk deflects Starlink involvement in Russia-Ukraine war
1 of 3 | Ukrainian servicemen conduct work on the site of a destroyed market as a result of a Russian missile strike on September…
How AI is used to resurrect dead Indian politicians as elections loom | Business and Economy
Bengaluru, India – On January 23, an icon of Indian cinema and politics, M Karunanidhi appeared before a live audience on a large projected screen,…
Why is the US economy so resilient? | Business and Economy
The US economy is on a tear, and it has pulled far ahead of the rest of the world. Geopolitical tensions, the pandemic’s lingering aftershocks,…
Miffed Musk relocates Neuralink from Delaware after Tesla pay package ruling
Neuralink founder and Tesla CEO Elon Musk notified the biotech company's shareholders this week he has moved the company's headquarters from Delaware to Nevada. File…
About 15% of German companies are affected by the crisis
About 15% of German companies are troubled, A&M say sans exposure to US commercial real estate is an additional worry, notes Bloomberg. Economic stagnation, real…
Australians spending $7 billion a year on lotteries during cost of living crisis
Australians are spending more on lotto tickets and scratchies than ever before, despite cost of living pressures biting into household budgets.According to the most recently…
Texas A&M to close Qatar campus by 2028 amid regional unrest
1 of 4 | Israeli security forces push a man at a protest of Israelis and Palestinians who were calling for a cease-fire and an…
S&P 500 closes above 5,000 for first time
Traders work on the floor of the NYSE in April 2022. On Friday, the S&P 500 closed above 5,000 for the first time ever. File…
UAE in talks to develop $22bn beach land in Egypt | Business and Economy News
Such a major agreement could boost the Egyptian economy, which is facing a dire foreign exchange crisis. The United Arab Emirates is in advanced talks…