Business

Argentina and Brazil, South America’s two biggest economies, are reviving an often-discussed plan that would face numerous political and economic hurdles by renewing discussions on forming a common currency for financial and commercial transactions. In […]

Follow

The clock is now ticking on the nation’s debt ceiling drama. Congress is gearing up for a debt ceiling standoff.  The U.S. is expected to hit its borrowing cap as soon as today, Thursday. But […]

Follow

Saudi Foreign Minister Prince Faisal bin Farhan Al Saud spoke on the Kingdom’s economy, oil, Iran, and U.S. ties at Davos.  Speaking at a panel at the World Economic Forum, he said the Saudi-US partnership […]

Follow

Saudi Arabia is becoming a regional leader in attracting the best talent, according to recruiters who work in the Middle East.  John Armstrong, founder and managing director of recruitment agency JCA Associates, wrote for the […]

Follow

Laid-off Twitter workers who are suing the social media company over their termination must pursue claims in individual arbitration and not a class-action lawsuit after a judge ruled that they must drop their group suit. […]

Follow

Adidas lost a trademark infringement lawsuit over the sportswear giant’s famous “three stripes” logo design. Adidas brought the suit against Thom Browne, after it claimed the luxury fashion brand used the design without its permission. The […]

Follow

For the first time in nearly three years, inflation fell on a monthly basis. Consumer prices decreased by 0.1 percent in December, the Bureau of Labor Statistics reported in its Consumer Price Index.  The last […]

Follow

The Federal Trade Commission has put under preliminary investigation beverage giants Coca-Cola and PepsiCo over potential price discrimination in the soft drink market as the agency strives to dust off a decades-old, but long-dormant price-discrimination […]

Follow

Elon Musk’s satellite internet service Starlink is partnering with Dubai-based marine electronics company Elcome International to provide internet services to the maritime industry.  The service uses Starlink’s low-Earth orbit satellites. It will connect vessels, like […]

Follow

Saudi Arabia’s Public Investment Fund (PIF) has remained among the top 10 world’s sovereign wealth funds, maintaining the sixth spot in the list with assets worth $607.42 billion, the latest data snows. With $1.350 trillion […]

Follow

Millions of workers are subjected to non-compete agreements. That could be coming to an end.  The Federal Trade Commission took a bold move aimed at shifting the balance of power from companies to workers. The FTC […]

Follow

Following this week’s operations that were severely hampered by a winter storm, Southwest Airlines got back to its regularly scheduled operations on Friday, Reuters reported. During the bustling Christmas holiday rush, Dallas-based Southwest struggled to […]

Follow

Twitter is down to the bare bones under Elon Musk’s leadership, The New York Times reported. Musk has taken drastic steps to stabilize Twitter’s finances since the billionaire bought the social media platform for $44 […]

Follow

Upwards of one year after New York made marijuana legal, the first licensed marijuana shop in the state finally opened its doors to customers on Thursday, Reuters reported. This came despite delays in creating the […]

Follow

It has been a brutal year for Tesla stock. Shares of the electric-vehicle maker have lost a massive 68 percent in 2022. It makes Tesla the worst performing company among any major S&P Company. Tesla stock crashed […]

Follow

The new Red Sea Global in Saudi Arabia is helping deliver the Kingdom’s Vision 2030 strategy.  The Red Sea Global aims to develop a world-class tourism industry within Saudi Arabia. It is the multi-project developer […]

Follow

Travel nurses took high-paying jobs during the Covid pandemic. But now far away from home, many are finding their salaries cut, sometimes in half, at renewal time.  A series of lawsuits are pushing back.  The boom […]

Follow

The Russian rouble dropped even more on Tuesday as the market comes to terms with sanctions and restrictions against Russian oil.  The latest round of Western sanctions against Russia over its invasion of Ukraine is […]

Follow