Doug Ramsey, the chief operating officer of Beyond Meat, was detained this past weekend after being accused of biting a man’s nose in a parking garage in Arkansas after a college football game. Ramsey, 53, was arrested on suspicion of… Read More ›
Regulations & Legal
Europe Scrambles To Get Ready For This Winter’s Energy Shortage
With Russian gas flows still running at significantly reduced rates due to the Ukraine war, European governments outlined new measures on Monday to deal with potential energy shortages this winter and sped its strategy to upgrade energy networks to share… Read More ›
WHO Says World Best Positioned To End Covid-19 Pandemic
According to the chief of the World Health Organization, the current position of the world to ultimately bring an end to the COVID-19 pandemic is at its best than ever. This was the most optimistic assessment yet by the global… Read More ›
Starbucks Raises Its Long-Term Financial Forecast As It Reveals Its Reinvention Strategy
Starbucks raised its long-term financial forecast on Tuesday, following the announcement of a series of changes to its cafes as part of its reinvention plan. The Seattle-based company anticipates annual earnings per share growth of 15 per cent to 20… Read More ›
G-7 Wants To Include More Nations To Engage In Russian Oil Cap Prior To Deal Negotiation
According to U.S. and European officials, the G-7 nations are still looking for additional nations to join their efforts before entering more in-depth discussions about the specifics of the policy, two months after agreeing to investigate price caps on Russian… Read More ›
Putin Says He’ll Let Europe “Freeze” This Winter, Increasing The Likelihood Of Energy Rationing
Even as Europe gets ready to phase out all Russian imports, the continent had been already facing a challenging and unpredictably cold winter when it came to its energy supplies. But on Wednesday, Russian President Vladimir Putin once more threatened… Read More ›
U.S. Bank Regulator Issues A Crisis Risk Warning Due To The Growth Of Fintech
Michael Hsu, Acting Comptroller of the Currency, a significant U.S. bank regulator, warned on Wednesday that the growth of fintech services and digital banking could lead to long-term financial risks and possibly a crisis. “I believe fintechs and big techs… Read More ›
CEO Of Deutsche Bank Foresees An Impending Recession And Urges Germany To Reduce Its Reliance On China
Christian Sewing, the CEO of Deutsche Bank, urged Germany’s leaders on Wednesday to quicken the country’s decoupling from China and issued a dire warning that a recession is imminent. Sewing stated in a speech at the Handelsblatt Banking Summit in… Read More ›
US Bans “Advanced Tech” Companies From Constructing Factories In China For Ten Years
The Biden administration has stated that US tech companies that receive federal funding will be prohibited for ten years from constructing “advanced technology” facilities in China. The policies were unveiled as part of a $50 billion (£43 billion) plan to… Read More ›
Russia Ascribes The Shutdown Of Its Gas Pipeline To Western Sanctions
Russia has issued a warning that until sanctions are lifted, it will not resume gas supplies along a vital pipeline to Europe. The Nord Stream 1 pipeline was closed for three days for maintenance, and Moscow has blamed Western nations… Read More ›
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