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- Europe may have started investigating Chinese electric vehicle subsidies, but no assumptions should be made about the probe's outcome, the head of trade for the European bloc's executive branch said Tuesday.
- The U.S. Department of Commerce added 28 entities to the U.S. Entity List on Monday, citing national security concerns.
- Kids whose dads read, sing and draw with them may have an advantage once they start school and get better grades, new research shows.
- New technology has identified rising numbers of vessels that appear to be manipulating their location data to ship Russian oil — and evade the G7's price cap.
- China's urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector, according to China economist Hao Hong.
- Former President Donald Trump is skipping another debate, while Hutchinson is the only candidate who made the first debate to miss the second one.
- Tech giant Meta is facing an "identity crisis" and is best avoided, according to one portfolio manager. But not everyone agrees.
- The Wall Street bank said one of its luxury favorites looks particularly cheap, despite a 45% gain in its share price this year.
- Jeff Bezos' Blue Origin will replace CEO Bob Smith with outgoing Amazon exec Dave Limp, CNBC has learned.
- Trump announced last week he would skip the second GOP debate in California and meet with striking UAW members instead.
- by Loren Grush, Matt Day, BloombergAmazon devices and services chief Dave Limp will succeed CEO Bob Smith.
- by Paolo ConfinoAnthropic will get $1.25 billion upfront as well as access to tools Amazon is creating for AI developers.
- by Sian Mughan, Akheil Singla, The ConversationNew research shows that judges in cities facing red ink often use their positions to maximize revenue from traffic tickets.
- by Meg Kinnard, Adriana Garriga-López, The Associated PressSeveral major GOP candidates have said they want to ban TikTok, but they also want to reach younger audiences that don’t watch TV and use social media instead.
- by The Associated PressDuring the third act of the play “Our American Cousin,” John Wilkes Booth entered the theater's presidential box, and fatally shot Lincoln.
- by Josh Eidelson, BloombergThe rights group terminated a staffer for engaging in collective action about working conditions, according to the National Labor Relations Board.
- by Matthew Perrone, The Associated Press“FDA is the 800-pound gorilla here, and if they’re convinced that the drug doesn’t work, it’s very hard to change their minds,” Marc Scheineson, a former associate FDA commissioner who now consults for drugmakers, told the Associated Press.
- by Alex Tanzi, BloombergThe pandemic-era financial surplus that many Americans had is now gone, after adjusting for inflation.
- by Bill Sullivan, The ConversationGiven the severity, it's beneficial to know how to prevent infection.
- by John Rennie Short, The ConversationThe Reagan White House moved to lower tax rates for developers in the 1980s and then years of low interest rates glutted downtowns with office buildings. Time's up.
- by zee businessOla scooters were replaced by the ICE two-wheelers for on-ground support activities, including marshall support. In alignment with MotoGP's commitment to sustainable operations, Ola lent the organisers a fleet of its revolutionary S1 scooters for use during the MotoGP.
- by zee business"The decision to lower the basmati MEP would help farmers who were losing money on account of falling exports," said Prem Garg, president of the Indian Rice Exporters Federation.
- by zee businessRice stocks rally: Chaman Lal Setia Exports hit a record high of Rs 256 on the BSE. KRBL, too, was trading 4.62 per cent higher at Rs 420.90 while LT Foods was trading nearly 4 per cent higher at Rs 169.80 on the BSE
- Electric motorcycle startup Raptee receives $3 million in pre-Series A round led by Bluehill Capitalby zee businessRaptee will use the funding to augment the manufacturing facility, acquire machinery and tools for the soon-to-be-launched motorcycle, and scale up the team.
- by zee businessAshish Ramchandra Kacholia sold 15 lakh shares, or a 0.56 per cent stake, at Rs 144.65 apiece through a bulk deal. The total deal size was worth Rs 21.69 crore. This move came after the stock lost over 17 per cent in Monday's trading session.
- abCoffee gets $2 million in seed round led by Tanglin Venture Partners; eyes to expand product rangeby zee businessIn the round, other investors like 100X.VC, Panthera Peak, OTP Venture Partners, and a few unnamed angel investors also participated.
- by zee businessRoyal Enfield parent Eicher Motors' shares rose sharply on Tuesday after Jefferies maintained its 'buy' call on the stock and raised its price target by Rs 150.
- by zee businessAn offshore earthquake with a preliminary magnitude of 6.6 rocked the Davao Occidental province in the southern Philippines on Tuesday, authorities said, adding that there was no threat of a tsunami.
- by zee businessThose willing to retire at an early age can opt for the FIRE strategy as it encourages individuals to save more and retire early to achieve financial independence in their 30s and 40s.
- by zee businessPoonawalla Corp, a non-banking finance company, said that the card was aimed at targeting customers with good credit score and history.
The Latest Business News
- by Business MattersScreenwriters in the US say they have reached a tentative deal with studio bosses that could see them end a strike that has lasted nearly five months. Read more: Hollywood writers in deal to end US studio strike
- by Business MattersNissan has pledged to go fully electric in Europe by 2030, outpacing the watered-down ambitions announced by Rishi Sunak of the British government. Read more: Nissan pledges to go fully electric in Europe by 2030
- by Business MattersBritain’s last remaining manufacturer of alloy wheels has been rescued by a 21-year-old who is also vying to buy Morecambe Football Club. Read more: West Midlands tycoon, 21, saves Britain’s last remaining alloy wheel manufacturer
- by Business MattersBrussels is resisting an “urgent plea” for the European Union to extend zero-tariff Brexit trade rules on electric vehicles amid car industry concerns over a deadline of New Year’s Day that could lead to job losses. Read more: Brussels urged to delay Brexit deadline amid fears of huge job losses for car industry
- by Business MattersAmazon is making an investment of up to $4 billion in Anthropic in the latest in a series of alliances between big tech and artificial intelligence start-ups as hype around generative AI technology accelerates. Read more: Amazon pledges $4bn to Anthropic in race for chatbot dominance
- by Business MattersBritish renewable heat scale-up Naked Energy announces its latest funding round targeting £30M Read more: British solar innovator Naked Energy opens £30m funding round
- by Business MattersBusiness Matters spoke to Ozgecan Üstgül, the Founder of fashion and textiles AI platform Ai Myth-Ai to find out how the co pay was founded and who Ozgecan admires. Read more: Getting to Know You: Ozgecan Üstgül, Founder, Myth-Ai
- by Business MattersPolicy experts have joined University of Manchester (UoM) academics and guests at Manchester Art Gallery for the launch of a new publication crammed with evidence-based solutions to tackle regional inequalities and boost the levelling up agenda. Read more: Regional disparities can be tackled by more devolution and local decision-making
- by Business MattersNew research has found staggering dissatisfaction with HMRC service levels. Read more: ‘Nosedive’ in HMRC service levels impacting millions of self-employed taxpayers
- by Business MattersThe Bunsen burner, a familiar apparatus with its modest metallic body and controllable flame, stands as a cornerstone of scientific experimentation. Read more: The Indispensable Bunsen Burner: Why Laboratories Rely on This Classic Tool
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- Britam General Insurance has introduced a health insurance targeting children aged between 37…
- Standard Chartered Bank Kenya is closing accounts of small businesses that fail to hit a…
- The African Growth and Opportunities Act (Agoa) is a great example of a beneficial programme…
- Expend4ble, marks the fourth instalment in a franchise specifically crafted to pay homage to…
- Standard Investment Bank's multi-asset strategy fund Mansa-X has posted its highest half-year…
- In the past 18 months, Wendy Buckley has been an anxious plant parent.
- Africa has been through turbulent times in recent months but whatever the political events…
- Players in the electric vehicle industry are lining up to assemble in Kenya.
- World over, tea-producing nations are embracing new technology through the implementation of…
- Following the coup in Niger in July 2023, a worrying belt of uncertainty has emerged across…
Business News
- by BusinessWorldPhilippine central bank Governor Eli M. Remolona said he’s open to an unscheduled interest-rate hike before the November meeting, doubling down on his hawkish stance as he also ruled out easing in the first half of 2024. “I am open to an off-cycle increase,” he said in an interview with Bloomberg News in Manila on […]
- by BusinessWorldTHE HOUSE of Representatives on Tuesday approved a bill that overhauls the tax system for mining, which the government said will be simplified to make the industry more attractive to investors. However, with the Senate yet to pass its own mining fiscal regime bill, it will be some time before the new rules are implemented. […]
- by BusinessWorldA US appeals court on Monday gave the Biden administration until Nov. 8 to hold an expanded sale of oil and gas leases in the Gulf of Mexico, the latest development in a legal fight over federal protection of an endangered species of whale. The New Orleans-based 5th US Circuit Court of Appeals granted a request by the US Interior Department to […]
- by BusinessWorldPhilippine central bank Governor Eli Remolona signaled officials are intervening to defend the peso at the 57-per-dollar level to prevent the currency from weakening further. “There are resistance levels, and when those are crossed, you’ll suddenly see trades in the same direction. There’s herding,” Mr. Remolona said in an interview Monday, when asked if the […]
- by BusinessWorldLOS ANGELES – Video game voice actors and motion capture performers have voted to authorize a strike if negotiations on a new labor contract fail, setting the stage for another possible work stoppage in Hollywood. After voting closed on Monday, the SAG-AFTRA union said 98.32% of those who cast ballots had voted in favor of authorizing a strike. The union is scheduled to begin contract talks with gaming companies on Tuesday. […]
- by BusinessWorldCIUDAD JUAREZ – Trade across the US-Mexican border has been slowed over the past week as US authorities have shut down crossings and imposed extra security checks amid an increase in migration, sparking concern in Mexico. About 8,000 trailers carrying an estimated $1 billion worth of goods have been stranded on the Mexican side over the past week, said Manuel Sotelo, president of the transport association of Ciudad Juarez, […]
- by BusinessWorldWASHINGTON – President Joe Biden met Pacific island leaders for a second White House summit in just over a year on Monday, part of a charm offensive aimed at curbing inroads by China into a region Washington considers strategically crucial. Before welcoming the island leaders, gathered under the umbrella of the 18-nation Pacific Islands Forum (PIF), Mr. Biden announced US diplomatic recognition of two more Pacific islands nations, the Cook Islands and Niue. “The […]
- by BusinessWorldA jury must decide the outcome of a lawsuit by information services company Thomson Reuters accusing Ross Intelligence of unlawfully copying content from its legal-research platform Westlaw to train a competing artificial intelligence-based platform, a Delaware federal judge said on Monday. The decision by US Circuit Judge Stephanos Bibas sets the stage for what could be one […]
- by BusinessWorldMANILA – The Philippines on Tuesday said China’s coastguard had removed remnants of a floating barrier severed by its Filipino counterparts at a fiercely contested shoal the South China Sea, adding there was no standoff or signs of aggression. The Philippines on Monday executed what it called a “special operation” to cut a 300-meter barrier […]
- by BusinessWorldFollow us on Spotify BusinessWorld B-Side For the longest time, the Philippines has maintained a modest relationship with its Southeast Asian neighbors. Recurring tensions in the South China Sea have left the ten-member Association of Southeast Asian Nations (ASEAN) seeking clarity on how to navigate potential conflicts with China, even with the involvement of the United […]
- by The state’s biggest olive farm, representing more than one in every six commercially-cultivated trees, has been put on the block. Owned by the Letari family the plantations have 260,000 trees across two properties in Frankland River and Gingin.
- by Women inside and outside the force are working hard to lift representation and recognition.
- by The economic value Western Australia’s racing industry exceeded $1 billion in the 2021-22 financial year, up more than $330 million against pre-pandemic figures.
- by Collapsed residential builder Babylon Homes and Construction has been fined $23,000 after it carried out work without a permit, supervisor or home indemnity insurance.
- by There are legitimate reasons to vote no if you so choose, but those put forward by the anti-Voice camp aren't it
- by Vanadium explorer Technology Metals has won support of major shareholders for a $217 million merger with fellow rare earths company Australian Vanadium Limited.
- by RAC Group ended the financial year with a $46 million profit, significantly up from the $7.97 million recorded in the previous reporting period.
- by Tony Poli-chaired Aigle Royal Group has received approval to build a multi-million-dollar commercial precinct around its $80 million Costco warehouse.
- by ANZ has been ordered to pay a $15 million penalty after admitting to misleading more than 186,000 customers over fees and interest charged.
- by Chris Ellison’s Mineral Resources plans to raise more than $1 billion through five-year senior unsecured notes to generate capital expenditure funds.
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