Business

Airbus is slashing costs and halting hiring after a potential bounce back from Boeing and tough Chinese competition on the cards

Boeing was plunged into a crisis earlier this year, putting the safety of its aircraft under scrutiny. Earlier this month,…

7 months ago

NRA civil trial over gun group leader’s extravagant spending

The second phase of the civil trial against the National Rifle Association and its top executives is set to begin Monday in…

7 months ago

Trump injured but ‘fine’ after assassination attempt; FBI identifies gunman

Former President Donald Trump was the target of an assassination attempt Saturday at a Pennsylvania rally, days before he was to accept…

7 months ago

Third Space CEO Colin Waggett scopes out new locations by standing outside tube stations and grading potential members

While exclusive gym Third Space might be best known for its celebrity clients, including David Beckham and Prince Harry, executives…

7 months ago

Uniqlo owner Fast Retailing shares drop after warning of ‘turning point’ in China strategy

Foreign brands like Apple, Nike, and L’Oreal have a China problem: The world’s second-largest economy, traditionally a revenue driver, is…

8 months ago

U.K. faces highest level of financial distress in Europe with corporate deleveraging at its peak since 2008

The UK saw Europe’s steepest jump in the proportion of companies in financial distress last year as the country went…

8 months ago

Stranded by sanctions: 53 Russian oil tankers are currently drifting empty and idle across the globe

From the frigid waters of Russia’s Baltic Sea to the Pacific shores of Vladivostok, dozens of tankers that previously moved…

8 months ago

Highest-paying trade job in U.S. is elevator and escalator installers

With AI threatening to steal corporate jobs and recent graduates finding themselves “unemployable”, trade jobs are becoming increasingly attractive—and lucrative,…

8 months ago

Thailand probes BYD EV discounts as Buffett-backed Chinese carmaker opens Thai factory

BYD is leading the charge into Thailand as Chinese EV makers search for overseas markets. On Thursday, the Warren Buffett-backed…

8 months ago

Nvidia will win the race to a $4 trillion market cap, experts say

A surprisingly resilient economy and profit-filled AI boom are driving the United States’ big tech giants toward a milestone that…

8 months ago