business news
Britain will reveal crypto regulation plans in coming weeks, sources say
Britain’s Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022. Daniel Leal | AFP | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar […]
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Hoping to attract billions in Chinese investment, Taliban now preserve buddhas
An Afghan archaeologist looks at the remains of Buddha statues discovered inside an ancient monastery in Mes Aynak, in the eastern province of Logar on November 23, 2010. The archaeological dig is located at the world’s second-biggest unexploited copper mine. Shah Marai | AFP | Getty Images The ancient buddha statues sit in serene meditation […]
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Saudi Arabian GP Qualifying: Sergio Perez beats Ferraris to pole, Lewis Hamilton 16th as Mick Schumacher, Nicholas Latifi crash
Pole position qualifier Sergio Perez of Mexico and Oracle Red Bull Racing celebrates in parc ferme during qualifying ahead of the F1 Grand Prix of Saudi Arabia at the Jeddah Corniche Circuit on March 26, 2022 in Jeddah, Saudi Arabia. Lars Baron | Getty Images Sergio Perez claimed pole position in a dramatic Saudi Arabian […]
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Biden says Putin ‘cannot remain in power’ in sweeping speech on Russian invasion of Ukraine
US President Joe Biden delivers a speech at the Royal Castle in Warsaw, Poland on March 26, 2022. Brendan Smialowski | AFP | Getty Images President Joe Biden on Saturday said Russian leader Vladimir Putin “cannot remain in power,” ratcheting up international pressure and further uniting NATO allies against Putin over his invasion of Ukraine. […]
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China finds second black box of crashed China Eastern Airlines Boeing plane, state media says
Rescuers disinfect themselves near the site of the China Eastern Airlines Boeing 737-800 plane crash on March 26, 2022 in Tengxian County, Wuzhou City, Guangxi Zhuang Autonomous Region of China. Yu Jing | China News Service | Getty Images Recovery crews on Sunday found the second black box — the flight data recorder — from […]
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President Joe Biden to propose new 20% minimum billionaire tax
US President Joe Biden addresses media representatives as he arrives for a European Union summit at EU Headquarters in Brussels on March 24, 2022. John Thys | AFP | Getty Images President Joe Biden is expected to propose a new minimum tax that would largely target billionaires when he unveils his 2023 budget, according to […]
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Russian oligarchs are welcome in Turkey, foreign minister says
Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he’d welcome sanctioned Russian oligarchs into his country as both tourists and investors, as long as any business dealings were kept within the realms of international law. Turkey has been in the spotlight this week with its coastal waters seeing the arrival of two multimillion-dollar superyachts, reportedly […]
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With Russian sanctions, small companies may be in for a big surprise
U.S. President Joe Biden speaks on developments in Ukraine and Russia, and announces sanctions against Russia, from the East Room of the White House February 22, 2022 in Washington, DC. Drew Angerer | Getty Images Over 400 multinational corporations have pulled out of Russia as a result of its invasion of Ukraine. It’s not only […]
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Uber wins 30-month London license, ending a lengthy battle with city regulators
Peter Summers | Getty Images LONDON — Uber has secured a 30-month license to continue operating in London, ending a protracted battle with city regulators over whether the ride-hailing app was “fit and proper.” “Uber has been granted a London private hire vehicle operator’s license for a period of two and a half years,” a […]
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Companies are betting these employee benefits will help them in the ‘Great Reshuffle’
Paul Bradbury | OJO Images | Getty Images Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas such as remote work, flexible hours, four-day workweeks, compensation and more. This story is part of a series […]
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