Britain angers climate campaigners after committing to issue hundreds of new oil and gas licenses
Environmental groups were highly critical of the plans.
Heineken CEO on Bud Light campaign fallout: ‘You need to stand for your values’
“You have to be balanced,” Heineken CEO Dolf van den Brink told CNBC. “At the same time, you need to stand for your values and your principles.”
Robinhood rival eToro agrees $120 million share sale at discounted valuation
Stock trading platform eToro agreed to a $120 million secondary share sale giving it a slightly lower valuation than the $3.5 billion it was last valued at.
Iran’s drones could reach a new South American market as Bolivia expresses interest
Previously only supplying drones to a few Middle Eastern allies, Iran is now expanding its reach after using Ukraine as a launchpad for its technology.
A.I. is on a collision course with white-collar, high-paid jobs — and with unknown impact
Technology has disrupted many workplaces. Artificial intelligence like ChatGPT may have an outsized impact on higher-paid office jobs, experts said.
Euro zone economy shows resilience as second-quarter GDP beats expectation, inflation slips
Despite falling inflation and surprisingly strong growth figures, economists still fear a recession could be in the cards for the ero zone.
Saudi Arabia’s economic growth slows as oil cuts, price drops bite into revenues
The International Monetary Fund had dubbed Riyadh the fastest growing economy in the Group of 20 in 2022.
Europe markets mixed as investors look to euro zone inflation data
European markets were mixed Monday as investors look ahead to euro zone inflation data and a key policy decision from the Bank of England.
Bank of Japan needs to move sooner to a new normal as current policy is ‘very harmful’, says strategist
BOJ kept its ultra low interest rates unchanged but shocked financial markets by loosening its yield curve control — or YCC — in a sudden move that has wide-ranging implications.
Telecoms giant BT Group appoints Allison Kirkby as CEO
Britain’s telecoms titan BT Group on Monday appointed Allison Kirkby to replace Philip Jansen as chief executive, saying the switch would take place toward the end of January 2024 at the latest.
