News
World Bank slashes economic outlook for Asia over China slowdown
China’s economic growth is behind the rest of the Asia-Pacific region for the first time in more than 30 years,...
Gas leaks from Russian pipelines to Europe raise sabotage fears
Europe is investigating leaks in two Russian gas pipelines in the Baltic Sea, rising concerns about sabotage on energy infrastructure...
Hertz, BP to install thousands of EV chargers
Hertz is teaming up with oil giant BP to build a new network of electric vehicle charging stations across the...
Scotiabank names Scott Thomson to succeed retiring CEO Brian Porter
Scotiabank announced CEO Brian Porter is retiring and named Scott Thomson as his replacement, effective January 31, 2023. Thomson is...
Marsh McLennan CEO Glaser to retire, Doyle to take the reins in 2023
Global insurance and reinsurance broker Marsh McLennan has announced that Daniel Glaser is stepping down as President and CEO and...
Unilever CEO Alan Jope to retire at end of 2023
Unilever CEO Alan Jope has announced his intention to retire from the company at the end of 2023, the company...
IEA says EV sales will hit all-time high in 2022
Electric vehicle global sales are on course to hit an all-time high this year, according to the International Energy Agency....
Oil plunges to eight-month low on strong dollar, recession fears
Oil prices plunged about 5% to an eight-month low on Friday as the U.S. dollar hit its strongest level in...
FedEx raises rates 6.9% for 2023, outlines cost cuts
FedEx Corp. announced late Thursday a 6.9% general rate increase for 2023. According to the company, increases there will range...
Central banks increasing rates send shockwaves to markets
Central banks around the world moved to increase interest rates or support their currencies on Thursday, following the U.S. Federal...
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