Business News
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06.01.20230 125
Tesla forced to slash prices in China – Reuters
Cheaper EVs reportedly present stiff competition © Sebastian Ng/SOPA Images/LightRocket via Getty Images Tesla has reduced prices for its vehicles…
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06.01.20230 133
Energy major warns of gas shortages
Governments across Europe will have a hard time filling up storage facilities given the dearth of Russian supplies, Equinor head…
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06.01.20230 122
Top routes for Russian oil after price cap revealed
Traditionally Europe-bound Arctic oil grades are now heading East, Reuters reports © Getty Images / Bloomberg Creative India and China have…
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06.01.20230 121
Brits cutting back on non-essential spending – survey
Inflation driven by rising food, energy, and rent or mortgage costs are hitting households’ disposable income, a report says FILE…
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International deliveries jumped to the highest monthly total ever in November 2022, the news outlet reports, citing customs data © Getty…
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05.01.20230 122
IMF gives opinion on US inflation
The Federal Reserve should continue its efforts to lower prices, IMF deputy head Gita Gopinath told FT © Getty Images /…
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Berlin should not “ignore international law” unless it wants other countries to follow suit, Duma speaker Vyacheslav Volodin says © Getty…
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05.01.20230 125
Amazon to boot thousands of workers – CEO
Layoffs will start later this month, Andy Jassy said in a memo to employees © Getty Images / picture alliance US…
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05.01.20230 133
Economists issue grim 2023 forecast
The global economy is headed for a downturn as inflation remains a major threat, a report says © Getty Images/fotosipsak…
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05.01.20230 129
Sanctions cost Russia’s richest billions – Bloomberg
Many have had their assets frozen in the West © Getty Images / Sadik Demiroz Russian billionaires have lost more than…