Category: Business News

Surveillance camera footage shows a nondescript suburban scene: a dark SUV pulls up in the parking lot of an upscale grocery store. A woman with sunglasses comes out. She grabs a purple gift bag from the backseat, glances over her shoulder, then tosses it into the trash can on the way to the grocery store….

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Joe Biden has pardoned his son Hunter Biden, who was found guilty of gun charges in Delaware and tax charges in California, reversing earlier promises not to use executive powers to benefit his…

Anant Chandak BENGALURU (Reuters) – The Bank of Korea will accept a January pass but will cut interest rates by a quarter of a point in February after an unexpected cut on Thursday to support a weakening economy, according to economists in a Reuters early poll. To boost activity in Asia’s fourth-largest economy, which narrowly…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Stellantis’ revenue fell 27 percent in the third quarter as the owner of Peugeot, Fiat and Jeep suffered a sharp decline in sales in the US and Europe. But shares in the group rose more than…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Stellantis blamed UK rules on the sale of electric vehicles as it announced plans to close its van factory in Luton, putting around 1,100 jobs at risk. The owner of Vauxhall and Peugeot said on Tuesday…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. The UK government is set to unveil plans for a new military industry council with business, in a bid to deepen Whitehall’s engagement with technology companies and smaller start-ups as well as the sector’s giants. On…

They call it the closest the world has ever come to a vaccine against AIDS virus. The twice a year was 100% effective in preventing HIV infections in a study in women, and results released Wednesday show it worked almost as well in men. Drug manufacturer Gilead said it would allow cheap, generic versions to…

A week ahead in Asia Source link

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Negotiations on the first legally binding UN treaty on plastic pollution collapsed in the final phase of discussions, after oil-producing countries led by Saudi Arabia and Russia blocked efforts by 100 countries to limit new production….

Christmas came early this year at the box office. “Moana 2” brought in a tidal wave of moviegoers over the Thanksgiving weekend, setting records with $221 million in ticket sales, according to studio estimates on Sunday. That, combined with “Wicked” and “Gladiator II”, made for an unprecedented weekend in theaters and a set of hits…