Archives

Russia's Sokol Crude Backlog Near Clearing as China Emerges as Key Importer

Russia's Sokol crude faces a backlog, with tankers stranded off Singapore and South Korea due to US sanctions. China emerges as a key importer, aiding clearance.


UniCredit Increases Bonus Pool to $140 Million for Top Executives After Record Profits

The 12% increase in employee bonuses followed a year of exceptional financial performance, during which time approximately €128 million ($140 million USD) was allocated for bonuses.

Coca-Cola, Bud Light Listed Among Slow Payers in UK! Making Suppliers Wait for Over 100 Days

Coca-Cola and Bud Light are listed among the slow payers in the U.K., making suppliers wait for over 100 days!

Kohl’s Partners with Babies R Us Owner WHP Global to Bring Baby Gear to 200 Stores Nationwide

Kohl's partners with WHP Global, bringing Babies R Us to 200 stores, targeting younger shoppers and expanding offerings despite recent mixed earnings.


Latest News

The Insurance Institute for Highway Safety (IIHS) recently assessed advanced driver assistance systems like Tesla Autopilot, with 11 out of 14 systems receiving a "poor" rating, prompting the need for standardized safety measures.
Boeing whistleblower John Barnett died after raising concerns about the aircraft maker's production standards.
The new Apple Shenzhen laboratory will improve the testing and research of devices like iPhones and iPads in China as part of its efforts to boost product quality amidst declining sales in the region.
Former President Donald Trump confirmed that he had recently met with Elon Musk, but they disagreed about electric vehicles (EVs).
Russia's President Vladimir Putin could decide to increase taxes after this month's election to fund the country's war in Ukraine.
The Body Shop has ceased operations in the US and is closing dozens of stores in Canada and the UK amid deepening financial troubles.
Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.
Airbnb has announced a worldwide ban on the use of indoor security cameras in listed properties. Airbnb announced on Monday a worldwide ban on the use of indoor security cameras in listed properties.
Ford Motor has agreed to pay $365 million to settle the US government's allegations that it violated a federal tariff law.
JPMorgan Chase CEO Jamie Dimon is urging the US Federal Reserve to exercise patience and refrain from cutting interest rates until after June.