China’s small manufacturers anguish over Trump’s tariff plans | Business and Economy
Taichung, Taiwan – When Li Wei took over the running of his father’s glass-making business in northern China’s Cangzhou in 2020, he immediately set about…
TGI Fridays files for bankruptcy protection
TGI Fridays has filed for bankruptcy protection, the company confirmed in court documents. File Photo by Andy Rai/EPA-EFE Nov. 2 (UPI) -- TGI Fridays has…
Nvidia to replace Intel on Dow Jones Industrial Average
A screen at the NASDAQ shows news on Nvidia's upcoming earnings report in Times Square in New York City on February 21. Nvidia will replace…
Warren Buffett’s Berkshire Hathaway holding record $325B in cash ahead of election
1 of 4 | Berkshire Hathaway now has a record $325.2 billion cash on hand, the holding company announced after filing third-quarter earnings Saturday. File…
Wendy’s to close 140 underperforming restaurants, open similar number as year ends
Wendy's Restaurants says it will close 140 underperforming locations during the remainder of 2024 while replacing them with new units at better locations. File Photo…
Union of striking machinists endorses Boeing proposal; workers vote set for Monday
Striking Boeing machinists are set to vote Monday on a new contract, taking a step toward ending the weekslong workstopage. File Photo by Bill Greenblatt/UPI…
UK’s Labour government raises taxes by 40bn pounds in first budget | Business and Economy News
Finance minister Rachel Reeves has said the tax hike will be used to fund public services and bolster public finances.British Chancellor of the Exchequer Rachel…
ADP: Private sector created 233,000 jobs in October, surpassing expectations
Private companies added 233,000 jobs to the economy in October for their best showing in more than a year as it blew by Wall Street…
For Taiwan’s crucial chip industry, both Trump and Harris bring risks | Business and Economy
Taipei, Taiwan – For engineers working in Taiwan’s semiconductor industry, the past few years have been difficult. The United States’s efforts to curb the growing…
Britain sanctions Putin-linked figures, Russian PR agencies for ‘destabilizing’ Ukrainian democracy
Monday’s sanctions “send a clear message,” British Foreign Secretary David Lammy said in a statement released by the Foreign Commonwealth and Development Office. “We will…
Togo: Open For Business | Global Finance Magazine
Despite security threats and political unrest, tiny Togo is attracting outsize interest from foreign investors. A small West African country that is one of the…
TGI Fridays bankruptcy rumors persist as chain closes 50 stores
The restaurant chain TGI Friday shuttered nearly 50 spots throughout the country during the past week as concerns grow about the the company's possible bankruptcy.…
Volkswagen pitches closure of three plants, layoffs
Volkswagen told its work council on Monday that the company is contemplating closing three plants in Germany and reducing its workforce in other locations. Source…
The Business of Managing An Educational Institution of Higher Learning: Basic Approach, Control and Principles
In this wide-ranging interview, Associate Professor Elisée Byelongo Isheloke, Rector/Vice Chancellor of Université Espoir du Congo (UEC), narrates his experiences of managing an educational institution…
Lebanon added to money laundering ‘grey list’ | Business and Economy News
Global watchdog adds Lebanon to its list of nations subject to increased monitoring of financial transactions.A global anti-money laundering watchdog has added Lebanon to its…
Britain’s heavily indebted Thames Water secures $3.9B loan to keep it afloat through October 2025
Thames Water, Britain's largest water utility, announced Friday it had secured a $3.9 billion lifeline, access to cash reserves and extensions on its liabilities to…
Bullying and harassments claims surge in UK’s financial sector | Business and Economy
Reports of non-financial misconduct rose 72 percent between 2021 and 2023, according to survey by financial regulator.Allegations of bullying, discrimination and other non-financial misconduct in…
Southwest Airlines activist investor group deal adds six board members, CEO stays
Southwest Airlines Thursday reached a deal with activist investor group Elliot Investment Management that avoids a proxy fight. Under the deal CEO Bob Jordan (L)…
Video: Inside Russia’s major BRICS summit with global leaders | Business and Economy
NewsFeedRussia is hosting a major summit of the BRICS countries and other nations that want to engage with the bloc, which is now worth more…
Major fund to boost women in business snubbed by big banks despite Chancellor Rachel Reeves calls for greater support
A £250MILLION fund set up to boost women in business and backed by the Chancellor Rachel Reeves has been snubbed by City institutions.Only Barclays, asset…