Tag: Business and Economy
Apple's Move to India: A Costly Misstep Reveals Challenges in Shifting Manufacturing Base
The challenges faced by Apple and other companies shed light on the complexities of shifting manufacturing operations and the unique advantages that China offers in terms of skilled labor and a robust supply chain.
New UK Chancellor Jeremy Hunt Warns of Tax Hikes
Jeremy Hunt warns of tax hikes, saying ‘very difficult decisions ahead’, as Prime Minister Liz Truss faces a backlash.
Chinese Economy Sees Progress And Prosperity Under Xi’s Control
Chinese President Xi Jinping is presiding over a new era that prioritises political control over economic development.
Cameroon And Nigeria Want To Join CIGCI
If Cameroon and Nigeria join, the initiative will represent about two-thirds of global cocoa production.
Putin Ready To Boost Gas Supplies To Europe Via Nord Stream 2
Russian leader says mothballed pipeline can ferry energy exports west if it is proven safe following recent explosions.
World Bank Says $17 trillion Is Needed In China To Meet Climate Goals
Climate change poses a significant threat to China, especially for its teeming, economically critical coastal cities.
SpaceX to take tourist Dennis Tito on Starship
Tito’s wife plans to join him on the weeklong trip, but the launch date has yet to be determined.
How Strong Is US Economy Now, Is Recession Coming
The US is facing rising recession fears even as economic indicators point to mixed signals.
Workers of South Africa’s Freight And Rail Operator Transnet commenced Commence Strike Over Pay
South Africa’s freight and rail operator Transnet called on strikers to ‘consider the long-term consequences’.
The Number Of Americans Filing New Claims For Unemployment Benefits Increased
The United States labour market remains tight even as demand for labour cools as interest rates climb.
New Taiwan - US-led Chip Alliance
Deputy economy minister says chipmaking requires collaboration to ensure a ‘very resilient supply chain’.
Swiss Bank’s Plummeting Share Price, Trigging Fear Among Credit Suisse
Swiss bank’s plummeting share price has invited comparisons to the onset of the 2008 global financial crisis.
UK gov`t makes tax reduce U-flip after marketplace turmoil
Chancellor Kwasi Kwarteng says arguable idea to curb pinnacle fee of earnings tax had `grow to be a distraction`
Colombia and Venezuela Are Set to Reopen Two Critical Border Crossings to Cargo Transport
People along shared border hope reopening crossings to cargo will boost the economy after years-long closure.
The UK’s first Black chancellor?
And how does he plan to save the UK’s imperilled economy?