The U.S. Federal Reserve on Wednesday raised the interest rate by 0.25 percentage points to 5.5 percent. This is the…
Tag: Business & Economy News
TikTok to launch e-commerce platform in U.S. to sell Chinese goods
The popular short form video hosting app TikTok is planning to launch an e-commerce portal in…
Gabon releases tender for Africa’s first ‘debt-for-nature swap’: What is it?
Gabon became the African nation to launch a debt-for-nature swap, on Tuesday (July 25) and plans…
Twitter’s rebrands to X as Musk bids adieu to blue bird
Twitter has been officially renamed to X on Monday. Source link
Blackstone makes history, becomes world’s first $1 trillion private equity manager
Blackstone Inc. has become the first private equity company to reach the historic milestone of managing $1 trillion…
I’m hatin’ it: Over 100 McDonald’s workers report sexual harassment at workplace
One of the world’s largest food chain company McDonald’s has been rocked with a barrage of…
Evergrande, China’s troubled property giant, reports $96 billion loss
Evergrande, the property giant in China, on Monday (July 17) reported that it suffered a loss…
Twitter still sinking under Elon Musk? Platform struggles to reach ‘positive cash flows’
Nearly ten months after billionaire business magnate Elon Musk took over Twitter, the financial health of…
Asian Americans file lawsuits against ‘racial bias’ in Silicon Valley
A group of Asian American tech industry workers have filed a series of lawsuits against what…
