Economy
-
Maersk faces significant port congestion in Asia, Mediterranean
Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish shipping…
Read More » -
S&P downgrades France’s credit rating in blow to president Macron’s government
Ratings agency Standard & Poor’s downgraded France’s credit score on Friday citing a deterioration in the country’s budgetary position, a…
Read More » -
US sues Hyundai, others over child labor at Alabama parts plant
The US Department of Labor on Thursday sued South Korean auto giant Hyundai Motor Co, an auto parts plant and…
Read More » -
Saudi Arabia to sell 0.64 percent Aramco stake
Saudi Arabia is selling a 0.64 percent stake in oil giant Aramco as the Kingdom pushes ahead with Saudi Crown Prince…
Read More » -
US growth slower than estimated in first quarter: Government report
The US economy grew less than initially estimated in the first quarter of this year as consumer spending cooled, the…
Read More » -
Muslim nurse in New York fired after calling Israel’s war in Gaza ‘genocide’
A New York City hospital fired a Palestinian American Muslim nurse after she called Israel’s war in Gaza a “genocide”…
Read More » -
US growth slower than estimated in first quarter: Government report
The US economy grew less than initially estimated in the first quarter of this year as consumer spending cooled, the…
Read More » -
Israel aims to boost Red Sea oil deliveries despite environmental risks
Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as…
Read More » -
All that glitters, isn’t always gold: Silver a niche for safe-haven investment
Gold investing has gained popularity in recent years due to the current economic climate, characterized by persistent inflation that has…
Read More » -
Boeing set to deliver ‘comprehensive’ plan to regulators on upgrading safety
Boeing is expected to deliver on Thursday a “comprehensive action plan” required by US air safety regulators after a near-catastrophic incident…
Read More »