The UK government is set to scrap the energy subsidies for businesses in the next financial year by 85 percent, leaving small businesses in a dire economic situation, as the …
Business
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Business
Anti-monarchists: King Charles’ coronation ‘slap in the face for people’ amid high inflation
British anti-monarchists say they have planned a protest for the day of King Charles’ coronation, which is expected to take place amid much pomp and circumstance as the public continue…
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As many as 700 Russian banks and 106 non-Russian banks from 13 countries can exchange financial messages with Iranian banks, the deputy governor of the Central Bank of Iran (CBI)…
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Iran has officially raised the cap on interest rates that banks in the country can charge weeks after media reports suggested the government is trying to use the monetary policy…
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Fast food giants will report their next quarterly earnings in the coming weeks. What’s Wall Street looking out for? Among other things, the impact of inflation on the numbers like…
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Ford (F) is slashing prices and boosting production of its Mustang Mach-E electric vehicle (EV), in a move that likely comes as a response to Tesla’s big price cuts earlier…
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President Joe Biden and House of Representatives Speaker Kevin McCarthy will meet at the White House on Wednesday for talks in the standoff over the federal debt ceiling and prospect…
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Business
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
For the first time in more than a year, owners of traditional gas-powered cars saved more money at the pump than those driving their electric counterparts, according to a consulting firm. As inflated…
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American Express (AXP), one of the world’s top credit card companies, has also long been a favorite of Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett. “You can’t create another American Express,”…
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`From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn. Vox Media,…