1. Home
  2. Business

Category: Business

Philadelphia’s minimum wage has been stuck at $7.25 an hour since 2009 – here’s why efforts to raise it have failed

Philadelphia’s minimum wage has been stuck at $7.25 an hour since 2009 – here’s why efforts to raise it have failed

In Philadelphia, the poorest big city in the U.S., the minimum wage has been stuck at $7.25 per hour for the past 15 years. That’s the minimum wage everywhere in Pennsylvania, and it matches the…

Read More
Exclusive-Banking bottleneck causing six-month delays for Russia-China payments, sources say By Reuters

Exclusive-Banking bottleneck causing six-month delays for Russia-China payments, sources say By Reuters

MOSCOW (Reuters) – As the threat of secondary sanctions deters Chinese banks from facilitating trade with Russia, companies are flocking to the one Russian bank with a Chinese branch and facing up to six months…

Read More
An anonymous coder nearly hacked a big chunk of the internet. How worried should we be?

An anonymous coder nearly hacked a big chunk of the internet. How worried should we be?

Outside the world of open-source software, it’s likely few people would have heard about XZ Utils, a small but widely used tool for data compression in Linux systems. But late last week, security experts uncovered…

Read More
If you have money anxiety, knowing your financial attachment style can help

If you have money anxiety, knowing your financial attachment style can help

The number of people struggling with money in Britain is at a record high. Financial charities say that people are contacting them for help with debt, paying bills and insolvency. The campaign group Debt Justice…

Read More
Oil prices rise on concerns of lower supply, signs of U.S. economic growth By Reuters

Oil prices rise on concerns of lower supply, signs of U.S. economic growth By Reuters

By Laura Sanicola (Reuters) – Oil prices rose in early Asian trade on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth…

Read More
Ghana’s decades-old ambition to build an integrated aluminium industry faces a new hurdle: the clean energy transition

Ghana’s decades-old ambition to build an integrated aluminium industry faces a new hurdle: the clean energy transition

It has been more than 60 years since Ghana’s first post-independence leader Kwame Nkrumah first mooted the idea that Ghana should produce aluminium from the country’s ample supply of bauxite. Under the Volta River Project,…

Read More
Africa now emits as much carbon as it stores: landmark new study

Africa now emits as much carbon as it stores: landmark new study

A landmark new study has found that, in the last decade, the African continent has started emitting more carbon than it stores. When the total amount of carbon that is sequestered by natural ecosystems (such…

Read More
Lack of immunity raises risk of bird flu pandemic, EFSA says By Reuters

Lack of immunity raises risk of bird flu pandemic, EFSA says By Reuters

By Sybille de La Hamaide PARIS (Reuters) – The EU’s Food Safety Agency (EFSA) warned on Wednesday of a large-scale bird flu pandemic if the virus becomes transmissible between people as humans lack immunity against…

Read More
what that means and what must happen next

what that means and what must happen next

Kenya and Namibia are the latest African countries to be placed on the Financial Action Task Force’s grey list over their weak measures against money laundering and terrorism financing. Being on the grey list is…

Read More
an earthquake scientist on what we know so far and what may happen next

an earthquake scientist on what we know so far and what may happen next

Earlier today, a major earthquake of magnitude 7.4 struck the central east coast of Taiwan, roughly 20 kilometres south of the city of Hualien. Locals near the epicentre described severe to violent ground shaking during…

Read More