Category: Business
Rising Tensions in the Red Sea: Impact on Oil Prices and Global Trade
Recent attacks on commercial ships by Houthi rebels in Yemen in the Red Sea have sparked serious concerns about the potential rise in oil prices [more…]
Mastercard and Visa Under Scrutiny: Proposed Cap on Post-Brexit Card Fees
In the wake of Brexit, the Payment Systems Regulator (PSR) has spotlighted significant credit card firms like Mastercard and Visa, proposing a cap on the [more…]
McDonald’s Embarks on a New Venture with CosMc’s and Global Expansion
McDonald’s, a name synonymous with fast food, is embarking on an exciting new venture that could redefine the brand in the eyes of coffee lovers. [more…]
U.S. Tightens Electric Car Market Rules to Limit Chinese Influence
In a strategic move to reshape the electric vehicle (EV) landscape, the United States has introduced stringent regulations that significantly curtail the involvement of Chinese [more…]
Tesla’s Legal Battle in Sweden Amidst Nationwide Strikes
The renowned electric carmaker Tesla has taken legal action against the Swedish Transport Agency amidst a series of labour strikes targeting the company. The lawsuit [more…]
John Lewis Expands Customer Services with In-Store Health Checks
In a novel initiative to revitalize its customer services, John Lewis has partnered with Randox Health to offer in-store health checks, including tests for vitamin [more…]
Richard Teng Takes the Helm at Binance Amidst Regulatory Challenges
The crypto industry was left reeling with the unexpected departure of Changpeng “CZ” Zhao from Binance, leading to the ascension of Richard Teng as the [more…]
UK Economic Outlook: Slower Growth Amid Inflation and High-Interest Rates
The UK’s economic growth prospects have taken a hit as the nation grapples with lingering inflation and elevated interest rates. According to the latest projections [more…]
Microsoft’s Offer to Match OpenAI Staff Pay Amidst Leadership Turmoil
Microsoft Steps In Amid OpenAI Crisis Microsoft has extended an olive branch to the OpenAI workforce amid an organizational upheaval, offering to match the salaries [more…]
Ozempic’s Ripple Effect: Slimming Waists, Swelling Markets
In a recent gathering that drew crowds to a Philadelphia ballroom, the American Heart Association meeting unveiled striking results about Wegovy, a novel weight-loss drug. [more…]