business news
Jeff Bezos takes a swipe at Musk’s Twitter takeover, suggesting it may give China ‘leverage’
Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas. Joe Raedle | Getty Images Amazon’s billionaire co-founder Jeff Bezos has weighed in on Elon Musk’s deal to buy […]
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The threat of nuclear war is real, top Russian official says; U.S. wants to see Moscow ‘weakened’. Follow our live updates
Risk of nuclear war now ‘very, very significant,’ Russia’s foreign minister says Russian Foreign Minister Sergei Lavrov speaks during a news conference after his talks with Bahrain’s Foreign Minister Abdullatif al-Zayani in Moscow, Russia, April 7, 2022. Alexander Zemlianichenko | Reuters The risks of nuclear war are now very significant and should not be underestimated, […]
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The reality of ‘fairytale’ town Gastonia
Olivia Garcia shares her experience taking a detour to Gastonia only to find out it does not look at all like what she thought it would be. Source
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Russia and India in talks to restart coking coal supplies: Reuters, citing sources
This photograph taken on April 6, 2022, shows coal stored outdoors at the National Thermal Power Corporation (NTPC) plant in Dadri, India. Russian and Indian officials met last week in an effort to resolve an impasse over the shipping of coking coal to Indian steelmakers, which has dried up since March over payment methods, a […]
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Investment banks slash expectations for China’s economic outlook — one sees GDP growth of less than 4%
Prolonged lockdowns in Shanghai have snarled supply chains and prompted banks to cut China GDP forecasts. Here, a truck leaves a port on April 13, 2022, with healthcare supplies for Shanghai. Tang Ke | Visual China Group | Getty Images BEIJING — In just about a week, several investment banks have cut their China growth […]
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Here’s what the world’s first floating city in Busan, South Korea, could look like
Artist rendering courtesy Oceanix, BIG-Bjarke Ingels Group. The United Nations, a floating city architecture firm called Oceanix, and the South Korean city of Busan on Tuesday unveiled the prototype for a floating, sustainable version of the key shipping hub. Floating cities could be a way to mitigate the effects of sea level rise caused by […]
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HSBC’s first-quarter profit slides as Ukraine conflict, inflation bite
Pedestrians walk past a HSBC Bank branch in Hong Kong. HSBC reported a 27% fall in quarterly profit on Tuesday, as the Asia-focused bank suffered from decreased revenues and slowing growth in Hong Kong. Budrul Chukrut/SOPA Images | Lightrocket | Getty Images HSBC reported a 27% fall in quarterly profit on Tuesday, as the Asia-focused […]
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The unexpected reality of the Saturnia hot springs
Ana Mihaljevic documents her less than ideal experience at Terme di Saturnia. Source
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The reality of ‘fairytale’ town Gastonia
Olivia Garcia shares her experience taking a detour to Gastonia only to find out it does not look at all like what she thought it would be. Source
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Credit Suisse loves these tech stocks, says 3 have upside of more than 130%
Credit Suisse has named a raft of tech stocks it believes will outperform, saying all of them have more than 40% potential upside. Source
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