After more than two and a half years of discussions and adjustments, the European Union looks set to pass its landmark crypto regulations. The comprehensive suite of new rules is…
Economy
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EconomyFeaturedGlobal NewsLifestyleNewsSpainWorld News
Cheap Fuel: Number of Automated Fuel Stations in Spain Offering Lower Cost Fuel SKYROCKETS
by Eric Alamedaby Eric AlamedaIN the wake of rising fuel prices, people in Spain are turning to a more economical option, automated fuel stations. These futuristic fuel stations, have witnessed a remarkable 49 per…
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According to bourgas.ru, today Bulgaria owes more than 40 billion leva, and recently the debt has increased by 2.9 billion leva. Interest expenses exceed 600 million leva, each new issue will…
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ChinaEconomyFeaturedGlobal NewsKazakhstanNewsPoliticsRussiaWorld News
Xi visits Kazakhstan ahead of summit with Putin
by Nate Sharpby Nate SharpAstana, Kazakhstan (22/10 – 49). Chinese President Xi Jinping on Wednesday started his first foreign trip since the outbreak of the pandemic with a stop in Kazakhstan ahead of a summit…
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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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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…