Business Posts

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Business

Brits brace for 'perfect storm' of tax rises, spiraling inflation and an energy crisis

British households are facing the worst cost of living crisis for decades, as inflation, declining wages and an energy crisis eat into household incomes.

02/09/2022

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Business

European markets head for buoyant open ahead of U.S. inflation data

European stocks are expected to open in positive territory on Wednesday as investors await key U.S. inflation data due to be released Thursday.

02/09/2022

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Business

Putin weaponizing gas supplies to Europe will be 'deeply damaging' for Russia, says Dan Yergin

Russia's president will have to pay the price if he were to "weaponize" gas supplies to Europe as Russia-Ukraine tensions rise, says IHS Markit's Dan Yergin.

02/08/2022

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Business

Hong Kong's Hang Seng index leads gains as Asia markets rise; SoftBank Group shares soar almost 6%

Hong Kong's Hang Seng index led gains among Asia-Pacific's major markets, rising 1.97% by Wednesday afternoon in the city.

02/08/2022

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Business

Stock futures gain slightly with more big earnings ahead

U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings.

02/08/2022

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Business

Biden finally acknowledges Tesla's EV leadership after a year of silence

President Joe Biden on Tuesday acknowledged Tesla and the company's status as the nation's largest producer of electric vehicles.

02/08/2022

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Business

House passes short-term government funding bill that would prevent shutdown, sends it to Senate

The Senate plans to pass the temporary government funding bill before a Feb. 18 deadline to prevent a shutdown.

02/08/2022

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Business

Apple's acquisition history shows why a Peloton buy is out of the question

There are more reasons Apple would be against buying Peloton than for it, based on how it has acquired companies in the past.

02/08/2022

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Business

Facebook market cap falls below $600 billion — which could help it dodge new antitrust scrutiny

The milestone points to one of the challenges of crafting laws that target the tech industry.

02/08/2022

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Business

Lyft posts revenue beat but falls short on riders

Lyft reported 18.73 million active riders in the last quarter of 2021.

02/08/2022