The Kazakh authorities decided to revive the tradition of celebrating the Republic Day, which was lastcelebrated in the country 13 years ago. Celebrated today, October 25, the date has regained…
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Oil Producer Stocks Exxon, Chevron Advance After Biden Calls For Tax On Profits
Oil producer stocks and U.S. crude oil futures jumped Tuesday after President Joe Biden on Monday called for oil companies to pay higher taxes to lower fuel costs for consumers. Exxon…
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BusinessEconomyFeaturedNews
Maersk warns global trade indicators at ‘dark red’ on looming recession
by Nate Sharpby Nate SharpGlobal trade is likely to slow this year as western economies tip into recession, according to the chief executive of the world’s second-largest container shipping group AP Møller-Maersk. Søren Skou,…
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BusinessEconomyFeaturedNews
Amazon sell-off pushes market cap below $1 trillion for first time since April 2020
Amazon has exited the trillion-dollar club. Shares of the e-retailer plunged 5.9% on Tuesday, falling for a fifth straight day and closing at their lowest since April 2020. The sell-off has…
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BusinessEconomyEuropeFeaturedNews
Ford’s October sales slide 10% amid supply chain issues
by Rio Spencerby Rio SpencerDETROIT – Ford Motor’s U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments to dealers. The Detroit automaker on Wednesday reported sales of…
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BusinessEconomyFeaturedNews
CVS Health raises outlook as third quarter results beat estimates
by Rio Spencerby Rio SpencerCVS Health reported third quarter earnings Wednesday morning that beat Wall Street’s expectations. Here’s how the pharmacy giant performed compared to Wall analysts’ estimates, according to Refinitiv: Earnings per share $2.09…
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Investigators probing the crowd crush that killed 156 people during Halloween festivities in South Korea raided police stations across Seoul on Wednesday. The Seoul Metropolitan Police Agency said the investigators raided eight…
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EuropeFeaturedGlobal NewsIndiaNewsPoliticsUAEWorld News
Rishi Sunak’s First Big U-Turn After Taking Charge As UK PM
by Nate Sharpby Nate Sharp“There is no long-term prosperity without action on climate change. There is no energy without investing in renewables,” Rishi Sunak wrote on Twitter. London: Britain’s new prime minister Rishi Sunak…
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EuropeFeaturedNewsPolitics
5 takeaways from the Fox News U.S. Senate candidate forum featuring Tim Ryan and J.D. Vance
by Rio Spencerby Rio SpencerCOLUMBUS, Ohio – Democratic Rep. Tim Ryan and Republican writer J.D. Vance each got 22 minutes on national television on Tuesday, via an Ohio U.S. Senate forum in Columbus hosted…
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EuropeFeaturedNewsPolitics
Roberts delays handover of Trump tax returns to House panel
by Nate Sharpby Nate SharpWASHINGTON (AP) — Chief Justice John Roberts on Tuesday put a temporary hold on the handover of former President Donald Trump’s tax returns to a congressional committee. Roberts’ order gives…
