by Charbel Lebbos | Jul 29, 2022 | business, World News
Amazon and Apple posted better than expected sales, reassuring investors that the tech giants will be able to weather slowdowns in global economies. Amazon forecast in a trading update that higher fees for its Prime membership would boost its bottom line, while Apple...
by Charbel Lebbos | Jul 29, 2022 | business
China has signalled that it may miss its annual economic growth target, as Covid restrictions weigh on the world’s second largest economy. On Thursday, the Politburo – the ruling Communist Party’s top policy-making body – said it aims to keep...
by Charbel Lebbos | Jul 27, 2022 | business
European Union members have agreed to cut gas use in case Russia halts supplies but some countries will have exemptions to avoid rationing. EU members, locked in talks since the idea was suggested last week, have now agreed to voluntarily reduce 15% of gas use between...
by Charbel Lebbos | Jul 27, 2022 | business
Runaway inflation in Lebanon continued in triple digits as the formation of a new government stalls more than two months after parliamentary elections were held, delaying the implementation of reforms that are a prerequisite to securing $3 billion from the...
by Charbel Lebbos | Jul 27, 2022 | business, Local News
A Cleveland-Cliffs worker at a steel mill in Southwest Ohio died Tuesday in an accident during “routine maintenance,” according to multiple reports. The cincinnati Enquirer reports the company confirmed the accident in a statement released Tuesday afternoon. The...
by Charbel Lebbos | Jul 26, 2022 | business
US retail giant Walmart has warned over its profits for the second time since May, as the soaring cost of food and fuel hits customer spending. The company says it now expects profits to fall by as much as 13% this year. One expert told the BBC that Walmart’s...
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