US sees biggest drop in retail sales in 11 months | Business and Economy News
United States retail sales fell more than expected in November, but consumer spending remains supported by a tight labour market, with the number of Americans…
Tesla shares at lowest level in two years as investors bash Musk | Business and Economy News
The world’s most valuable carmaker is one of the worst performing stocks among major automakers and tech firms. Tesla shares have extended declines and hit…
US Fed hikes interest rates by 0.5 percent, says more to come | Business and Economy News
The US central bank projected interest rates rising to 5.1 percent in 2023, higher than what investors expected. The US Federal Reserve raised interest rates…
HSBC to stop funding new oil and gas projects | Business and Economy News
HSBC said it would continue to finance energy companies at the corporate level to help them overhaul their businesses HSBC will stop funding new oil…