Commercial News

electric cars

Electric cars could increase EU and US rift

Image Source: DW So that Europe can keep up with the US, the European Commission has come up with a plan to speed up the production of electric cars and projects that use renewable energy. The plan calls for green businesses to be able to get

tech war

Tech War: Huawei will no longer recieve US export

Image Source: Giz China The US and China are about to be embroiled in a tech war. Reports say that the US government has stopped giving licenses to American businesses that want to sell most goods to the Chinese tech company Huawei. It comes as the

Flybe

Flybe staff to be snapped up by other airlines

Image Source: Cornwall Live Low-cost airlines EasyJet and Ryanair say that Flybe employees who lost their jobs when the company went out of business should look for work with them. Flybe went out of business on Saturday, putting 277 people out of work. The British Airline

Flybe

Flybe ground all flight to and from the UK

Image Source: Head for Points Flybe stopped all flights to and from the UK when it went out of business. According to the airline’s statement, it stopped doing business and told people not to go to the airport. Flybe was supposed to fly about 2,500 people

US economy

US economy surpassed predictions

Image Source: The Center Square Even though growth slowed because of higher borrowing costs and rising costs of living, the US economy did better than expected at the end of last year. Official numbers show that the US economy grew at a rate of 2.9% per

inflation

US inflation touches lowest in a year

Image Source: Bloomberg The rising cost of living in the US is being slowed down by the sharp drop in energy prices, especially gasoline prices. The US Labor Department said that over the past 12 months, inflation in the US was 6.5%, down from 7.1% in

green trade war

Green trade war becomes more imminent

Image Source: Toledo Blade The race to rid the world of carbon emissions has created a potential green trade war between the United States and the United Kingdom. When Joe Biden’s Inflation Reduction Act was passed by the US Congress last summer, it was a good

cryptocurrency

Cryptocurrency: UK mulls digital pound idea

Image Source: Bloomberg The economic secretary to the Treasury told MPs that the government is thinking about creating a national cryptocurrency or “digital pound.” Andrew Griffith said the UK was determined to become the world’s center for crypto. And the government was “a long way from

government borrowing

Government borrowing touches highest in 30 years

Image Source: Flickr The UK government borrowing peaked more than ever before in December. This happened because it cost money to help people pay their energy bills, and the interest on the debt was going up. The difference between what was spent and what was brought

Venugopal Dhoot

Venugopal Dhoot: Indian tycoon arrested for fraud

Image Source: Scroll.in Venugopal Dhoot, a well-known business mogul in India, was detained this week. This occurred nearly four years after he was accused with fraud and criminal conspiracy by India’s federal investigating agency. His arrest came after Chanda Kochhar, the former CEO of ICICI Bank, and

Flybe

Flybe staff to be snapped up by other airlines

Image Source: Cornwall Live Low-cost airlines EasyJet and Ryanair say that Flybe employees who lost their jobs when the company went out of business should look for work with them. Flybe went

Flybe

Flybe ground all flight to and from the UK

Image Source: Head for Points Flybe stopped all flights to and from the UK when it went out of business. According to the airline’s statement, it stopped doing business and told people

US economy

US economy surpassed predictions

Image Source: The Center Square Even though growth slowed because of higher borrowing costs and rising costs of living, the US economy did better than expected at the end of last year.

inflation

US inflation touches lowest in a year

Image Source: Bloomberg The rising cost of living in the US is being slowed down by the sharp drop in energy prices, especially gasoline prices. The US Labor Department said that over

green trade war

Green trade war becomes more imminent

Image Source: Toledo Blade The race to rid the world of carbon emissions has created a potential green trade war between the United States and the United Kingdom. When Joe Biden’s Inflation

cryptocurrency

Cryptocurrency: UK mulls digital pound idea

Image Source: Bloomberg The economic secretary to the Treasury told MPs that the government is thinking about creating a national cryptocurrency or “digital pound.” Andrew Griffith said the UK was determined to

government borrowing

Government borrowing touches highest in 30 years

Image Source: Flickr The UK government borrowing peaked more than ever before in December. This happened because it cost money to help people pay their energy bills, and the interest on the

Venugopal Dhoot

Venugopal Dhoot: Indian tycoon arrested for fraud

Image Source: Scroll.in Venugopal Dhoot, a well-known business mogul in India, was detained this week. This occurred nearly four years after he was accused with fraud and criminal conspiracy by India’s federal investigating