1. Home
  2. Business

Category: Business

Canada’s CPKC expands freight embargoes ahead of looming work stoppage By Reuters

Canada’s CPKC expands freight embargoes ahead of looming work stoppage By Reuters

By Promit Mukherjee OTTAWA (Reuters) – Canadian Pacific (NYSE:) Kansas City said on Saturday it would halt any new rail shipments originating in Canada, and all new U.S. shipments destined for Canada starting on Tuesday…

Read More
How a currency devaluation in Kazakhstan made the country’s poor worse off

How a currency devaluation in Kazakhstan made the country’s poor worse off

It is the job of the government to keep a country’s economy in check. But sometimes policies don’t work out as planned. Governments often take economic decisions that follow specific political agendas, and these decisions…

Read More
Autry Stephens, Texas oil billionaire and wildcatter, dies at 86 By Reuters

Autry Stephens, Texas oil billionaire and wildcatter, dies at 86 By Reuters

By Arathy Somasekhar HOUSTON (Reuters) -Autry Stephens, the billionaire founder and chairman of Endeavor Energy Resources, has died aged 86, the company disclosed on Friday, after a prolonged battle with cancer. Stephens died early on…

Read More
A double whammy of winter fuel payment cuts and scrapping a planned cap on social care costs is set to hit older people

A double whammy of winter fuel payment cuts and scrapping a planned cap on social care costs is set to hit older people

Before the general election, former prime minister Rishi Sunak was asked on TV why he “hated pensioners”. After her recent speech in parliament, the same question might be directed at Chancellor Rachel Reeves. She has…

Read More
Supermoons are boring – here are 5 things in the sky worth your time

Supermoons are boring – here are 5 things in the sky worth your time

A supermoon may sound exciting, but it’s a modest coincidence. As the Moon orbits Earth, its distance from us varies from 357,000 to 407,000 kilometres. When the Moon and the Sun are in almost opposite…

Read More
California pot farmers feel the heat from low pricing, wildfires By Reuters

California pot farmers feel the heat from low pricing, wildfires By Reuters

By Mrinalika Roy (Reuters) – Small-scale cannabis farmers in California are calling it quits, crushed by crop damage from devastating wildfires and sliding prices, and industry experts expect the exodus to continue near-term in the…

Read More
Ethiopia’s bold economic reforms target stability and growth, but they come with risks

Ethiopia’s bold economic reforms target stability and growth, but they come with risks

Ethiopia’s recent macroeconomic reforms, supported by the International Monetary Fund (IMF) and the World Bank, could have profound implications for the country and the region. The key reforms include the use of a floating exchange…

Read More
Meta just closed a vital online research tool. It’s bad news for the fight against misinformation

Meta just closed a vital online research tool. It’s bad news for the fight against misinformation

For more than a decade, researchers and journalists have relied on a digital tool called CrowdTangle to track and fight the spread of viral falsehoods online. But earlier this week, the owner of CrowdTangle, Meta,…

Read More
Oil prices edge lower, but set for positive week as economic outlook improves By Investing.com

Oil prices edge lower, but set for positive week as economic outlook improves By Investing.com

Investing.com– Oil prices fell slightly in Asian trade on Friday, but were set for a second straight week of gains as optimism over a resilient U.S. economy and falling interest rates pushed up hopes of…

Read More
Why not knowing what to do isn’t always a bad thing for leaders

Why not knowing what to do isn’t always a bad thing for leaders

In 2002, after a Pentagon news briefing, the then US secretary of defence Donald Rumsfeld was widely ridiculed for his thoughts about knowledge. Discussing the issue of whether Iraq was supplying weapons of mass destruction…

Read More