Industry

US Sanctions Are Compromising Russian Imports of Chinese Cars

US Sanctions Are Compromising Russian Imports of Chinese Cars

US sanctions have created obstacles for Russian imports of Chinese cars. US sanctions have created obstacles for Russian imports of Chinese cars, which have been crucial for the domestic market in recent years.


US FTC to File Lawsuit Against 3 Biggest Prescription Drug Middlemen Over Insulin Prices: Report

The US Federal Trade Commission (FTC) is reportedly filing a lawsuit against the three biggest prescription drug middlemen over insulin prices.

BMW Recalls More Than 390,000 US Cars Over Potential Issues With Takata Airbags

BMW has issued a recall for 394,000 cars in the US because of defective Takata airbag inflators that might cause severe or fatal injuries.

UK Economy Grows 0.4% in May: Official Statistics

The United Kingdom’s Office of National Statistics released the latest economic figures, which revealed that the country’s economy grew by 0.4% in May.


Latest News

Anonymous Messaging App NGL Banned From Serving Minor Users Following FTC Directive
The Federal Trade Commission (FTC) took a historic step by prohibiting the online messaging platform NGL from catering to users younger than 18.
Fifth Third Bank has agreed to pay $20 million to settle allegations about creating fake customer accounts and selling unnecessary car insurance.
Elon Musk's Starlink to Enter Telecoms Market of Sri Lanka After Changing Decades-Old Law
Sri Lanka has approved changes to its telecommunications law to allow Elon Musk's Starlink to establish operations in the South Asian nation.
Walt Disney Expands Cruise Business With the Introduction of New Ship in Tokyo
Walt Disney and Japan's Oriental Land Company have announced plans to introduce a new Disney cruise ship.
Oil Companies in Texas Pursuing to Restore Operations After Hurricane Beryl
Oil and gas companies in Texas began resuming business operations on Tuesday after Hurricane Beryl battered the state.
Texas Energy Industry Evaluates Hurricane Beryl's Damages to Shipping Ports, Production
The Texas energy industry is assessing the damage from Hurricane Beryl after the storm struck the US Gulf Coast.
Citi to End Operations in Haiti After 50 Years
Citi has decided to end its operations in Haiti, concluding more than 50 years of presence in the country.
Hyundai Motor Reaches Tentative Wage Deal With South Korean Union
Hyundai Motor Co. reached a tentative wage deal with its labor union in South Korea on Monday. Hyundai Motor Co. reached a tentative wage deal with its labor union in South Korea on Monday, potentially averting a strike at its main manufacturing hub.
UK Card Spending Drops for First Time Since 2021, Barclays Says
Spending on credit and debit cards decreased last month, marking the first monthly decline since February 2021, according to the June statistics released by London-based Barclays bank.
Ryanair Flight Makes Emergency Landing After Violent Brawl Breaks Out Mid-Air
A Ryanair aircraft had to make an emergency landing in Marrakech, Morocco, following a heated altercation among passengers.
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