Business Archive
Business
The Russian government has taken control of the Russian subsidiary of Danone and Carlsberg’s interest in a major local brewer. The action was set in motion by a
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Business
OceanGate, the company behind the doomed Titan submersible trip, has suspended all exploration and commercial operations in the wake of the devastating incident, which claimed the lives of
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Business
In a significant shift from President Erdogan’s long-standing economic policy, the central bank of Turkey has raised interest rates for the first time in over two years. The
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Business
Elon Musk has said that his SpaceX will continue to pay for Starlink satellite internet in Ukraine, one day after indicating he was unwilling to provide the service
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Business
Elon Musk has performed a dramatic U-turn and is now offering to complete his proposed $44bn (£38bn) acquisition of Twitter, having previously stated his intention to walk away
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Business
Online furniture retailer Wayfair has announced plans to cut around 870 jobs, approximately 5% of its global workforce, as it looks to trim operating expenses. A number of
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Business
Fifteen black current and former Tesla employees have filed a lawsuit against the company, alleging they were subjected to racial abuse and harassment whilst working for the electric
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Business
The Bank for International Settlements (BIS), has called for central banks to act “quickly and decisively” in raising interest rates to stem rising inflation. The banking umbrella body
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Asia Pacific
Chinese regulators are finishing up investigations into ride-hailing giant Didi Global Inc and two other firms, with the expectation that all three will be allowed back on domestic
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Asia Pacific
Australia’s top power producer AGL Energy has cancelled plans to split the company and announced that its chairman and CEO will step down, capitulating to opposition from billionaire
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