Business
Latest stories
Biden Goes to U.S. Heartland for Support on Massive Economic Package

U.S. President Joe Biden is sidestepping a divided Congress and going straight to the nation Tuesday with a televised town hall in Wisconsin seeking support for his $1.9 trillion economic rescue package.

W140 Full Story
U.S. Stocks Open Higher, Adding to Records

Wall Street stocks added to records early Tuesday, extending a positive run for equities ahead of key housing and retail data later in the holiday-shortened week.

W140 Full Story
UK Wants to Target Deals with EU Members on Creative Work Permits

Britain's government said Tuesday it intends to seek individual deals with each of the 27 EU member states on work permits for the creative industries, as anger grows among performers shut out of the bloc since Brexit.

W140 Full Story
Bitcoin Surges Past $50,000 for First Time

Bitcoin soared above $50,000 for the first time on Tuesday after jumping almost 75 percent so far this year as heavyweight companies back the world's most popular virtual currency.

W140 Full Story
Saudi Arabia Pushes Companies to Relocate Headquarters to Kingdom

Saudi Arabia will stop doing business with foreign companies with regional headquarters outside the kingdom starting in 2024, state media said Monday, in a move aimed at boosting investment amid high unemployment.

W140 Full Story
Russian Govt. to Roll Out New Virus Subsidies for Businesses

Russian officials are preparing new relief measures for the business sector, which has received little state support since the start of the pandemic, a pro-Kremlin newspaper reported Monday.

W140 Full Story
Markets Extend Rally on Recovery Hopes

Global stock markets and oil prices soared on Monday, boosted by progress on Covid vaccinations and increasing chances of a vast U.S. stimulus, dealers said.

W140 Full Story
Pandemic Threatens New York's Iconic Yellow Taxis

They were omnipresent on the streets of New York day and night, as emblematic of the Big Apple as the Empire State Building or Yankees caps. But the pandemic has made yellow taxis scarce and facing an uncertain future.

On a February morning in a parking lot near La Guardia Airport, a few dozen of the yellow cabs patiently queue in the freezing cold to catch a fare from one of the terminals.

W140 Full Story
Red Sea Coral Reefs 'under Threat' from Israel-UAE Oil Deal

Israeli environmentalists are warning that a UAE-Israeli oil pipeline deal threatens unique Red Sea coral reefs and could lead to "the next ecological disaster." 

W140 Full Story
Asian Markets Extend Rally on Recovery Bets, Eyes on Stimulus

Asian markets rallied again Monday, extending a global advance after another record on Wall Street as traders were cheered by the prospect of a huge new US stimulus as well as further falls in coronavirus infection and death rates.

W140 Full Story