Economy

US Signs Deal With The UK to End Steel And Aluminum Tariffs

The two nations reached an agreement on Tuesday after a meeting between Gina Raimondo, US commerce secretary and Anne-Marie Trevelyan,…

4 years ago

Russia And Ukraine Are Powerhouses In The Global Trade Of Food And Agricultural Products, Implications Posed By The Crisis

Prior to the ongoing Russia-Ukraine crisis, global food prices had reached an all-time high stemming from a wide array of…

4 years ago

Russian Oil Ban By EU Heightens, Some Members Of The Bloc Spurn

As Russia’s strikes on Ukraine seem incessant, the EU is retaliating by joining other countries (notably the US) for the…

4 years ago

Berkshire Hathaway To Acquire Alleghany Corporation For $11.6 Billion

Berkshire Hathaway and Alleghany Corporation, on March 21, 2022, entered into a definitive agreement for which Berkshire is set to…

4 years ago

Aramco Hits $110 Billion In Profit, A 124% Increase Compared To 2020

Saudi’s Aramco 2021 full-year profits hit a new record as the company registered a 124% increase to $110 billion compared…

4 years ago

Intel To Set Up A Semiconductor Plant In Germany As Part Of An Investment Of Up To $88 Billion In Europe Over The Next Decade

On March 15, 2022, Intel announced its plans of investing up to 17 billion euros into a semiconductor fab mega-site…

4 years ago

Volvo Cars To Set Up A New 700-Job Tech Hub in Stockholm

Volvo Cars is planning to expand its online presence as one of its biggest transformations by setting up a tech…

4 years ago

Luxury Car Maker Aston Martin Signs A Deal With Britishvolt to Develop The Next High-Performance Battery Technology

The two companies officially signed a memorandum of understanding that would have them co-create the next high-performance battery technology meant…

4 years ago

Better.com To Plunge Into Another Mass Layoff Spree

Late last year, weeks before Christmas, Better’s CEO laid off 900 workers through a Zoom call. The video went viral…

4 years ago

Elon Musk, a Sustainable Energy Advocate Now Wants Oil and Gas Output Increased Immediately

A quick glance at Elon Musk's Twitter will show his interest in memes. Musk even went as far as claiming…

4 years ago