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  • IMF warns of weak economic outlook: Top economy news
    Economy News

    IMF warns of weak economic outlook: Top economy news

    April 15, 2023 /

    This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: IMF says medium-term growth outlook weakest in 30 years; US inflation slows to lowest level in nearly two years; Wages in Japan not keeping up with rising prices. 1. IMF warns medium-term growth outlook weakest in 30 years The global economy is heading for its weakest medium-term growth in more than 30 years as the world grapples with geopolitical fragmentation, slower labour force growth and weaker prospects for previously fast-growing economies such as China, the International Monetary Fund (IMF) warns in its latest World Economic Outlook. It expects global growth to be…

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    Francis McGee Comments Off on IMF warns of weak economic outlook: Top economy news

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    As Parts of Egyptian Economy Face Crisis, Others Appear More Resilient

    As Parts of Egyptian Economy Face Crisis, Others Appear More Resilient

    March 7, 2023
    Slowing Inflation, Resilient Consumers Bolster Optimism on the Economy | Economy

    Slowing Inflation, Resilient Consumers Bolster Optimism on the Economy | Economy

    December 6, 2022
    US consumer spending, inflation cool in November | Business and Economy News

    US consumer spending, inflation cool in November | Business and Economy News

    December 24, 2022
  • FAA Warns of Air Traffic Controller Shortage Ahead of Summer Travel Season
    Travel News

    FAA Warns of Air Traffic Controller Shortage Ahead of Summer Travel Season

    April 3, 2023 /

    by Laurie Baratti on April 2, 2023 Final up-to-date: 5:20 PM ET, Sunlight April 2, 2023 In an energy to prevent a repeat of past summer’s tumultuous air vacation scene, The Federal Aviation Administration (FAA) is warning the sector of staffing shortages at a important facility and requesting that airways make some operational changes.  Past 7 days, the FAA held a conference with aviation market leaders to confer about the very best techniques of controlling the New York area’s by now congested airspace. Precisely, the agency requested that airlines work less flightswhile employing larger planes in order to enable simplicity airspace and airport targeted traffic in the course of the…

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    Francis McGee Comments Off on FAA Warns of Air Traffic Controller Shortage Ahead of Summer Travel Season

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    Travel news: The world’s biggest-ever passenger plane goes green

    Travel news: The world’s biggest-ever passenger plane goes green

    December 10, 2022
    Florida NAACP calls for travel advisory amid political tensions

    Florida NAACP calls for travel advisory amid political tensions

    March 23, 2023
    MakeMyTrip Sees Indians Opting for Longer Summer Holidays

    MakeMyTrip Sees Indians Opting for Longer Summer Holidays

    April 6, 2023
  • Disney begins process of cutting 7,000 jobs as CEO Bob Iger warns ‘challenges ahead’
    Finance News

    Disney begins process of cutting 7,000 jobs as CEO Bob Iger warns ‘challenges ahead’

    March 28, 2023 /

    Disney (DIS) CEO Bob Iger declared the start out of the firm’s mass layoffs on Monday immediately after the company very last thirty day period outlined designs to lower 7,000 workers this year in an exertion to slash $5.5 billion in expenses. “This 7 days, we get started notifying staff members whose positions are impacted by the company’s workforce reductions,” Iger wrote in an inside memo attained by Yahoo Finance. “Leaders will be communicating the information straight to the to start with group of impacted staff members in excess of the upcoming four times. A next, bigger round of notifications will take place in April with many thousand a lot…

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    Francis McGee Comments Off on Disney begins process of cutting 7,000 jobs as CEO Bob Iger warns ‘challenges ahead’

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    Stocks rise, bond yields, bank stocks fall on SVB fallout

    Stocks rise, bond yields, bank stocks fall on SVB fallout

    March 14, 2023
    Stocks give up gains, close lower amid more earnings

    Stocks give up gains, close lower amid more earnings

    February 10, 2023
    Macy’s is bucking the trend of retail’s woes: Morning Brief

    Macy’s is bucking the trend of retail’s woes: Morning Brief

    November 29, 2022
  • Rules for winding up big banks do not work, Swiss finance minister warns
    Finance News

    Rules for winding up big banks do not work, Swiss finance minister warns

    March 26, 2023 /

    The worldwide regulatory regime for “too massive to fail” banks set up following the 2008 crisis does not do the job, according to Switzerland’s finance minister. In an job interview with Swiss newspaper NZZ on Saturday, Karin Keller-Sutter — who was at the centre of Swiss authorities’ rush to rescue Credit score Suisse final weekend — stated adhering to the unexpected emergency protocols that are at the centre of the regulatory architecture for massive banking companies “would have induced an intercontinental economical crisis”. Capital buffers and additional regulatory regulations on possibility have been practical for navigating moments of tension, Keller-Sutter reported, but in a serious crisis, ideas to facilitate the…

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    Francis McGee Comments Off on Rules for winding up big banks do not work, Swiss finance minister warns

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    Store returns are becoming a bigger hassle

    Store returns are becoming a bigger hassle

    January 30, 2023
    Tesla stock ‘is now officially oversold,’ Fundstrat market technician says

    Tesla stock ‘is now officially oversold,’ Fundstrat market technician says

    January 12, 2023
    Why Silicon Valley Bank’s crisis is rattling America’s biggest banks

    Why Silicon Valley Bank’s crisis is rattling America’s biggest banks

    March 12, 2023
  • Russia-Ukraine war live: war crimes dominate agenda at UN in Geneva; US warns China against arming Russia | Ukraine
    World News Today

    Russia-Ukraine war live: war crimes dominate agenda at UN in Geneva; US warns China against arming Russia | Ukraine

    February 27, 2023 /

    Key events Show key events only Please turn on JavaScript to use this feature Summary of the day so far … Air raid alerts sounded across Ukraine’s Kyiv region late on Sunday night as Kyiv’s regional military administration confirmed the country’s air defences were at work. The nearby northern city of Chernihiv also reported shooting down Iranian-made Shahed drones, according to its regional governor, Vyacheslav Chaus. Ukraine’s ministry of defence claimed in total to have shot down 11 of 14 drones deployed, including nine over Kyiv. Two emergency service workers were killed and three other people injured during a drone attack on Khmelnytskyi, according to city’s mayor. Belarus’s exiled opposition…

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    Francis McGee Comments Off on Russia-Ukraine war live: war crimes dominate agenda at UN in Geneva; US warns China against arming Russia | Ukraine

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    Japanese government offers families 1m yen a child to leave Tokyo | Japan

    Japanese government offers families 1m yen a child to leave Tokyo | Japan

    January 4, 2023
    Hurricane Ian barrels towards Florida as officials warn of looming catastrophe – live | Florida

    Hurricane Ian barrels towards Florida as officials warn of looming catastrophe – live | Florida

    November 19, 2022
    Burning of Qur’an in Stockholm funded by journalist with Kremlin ties | Sweden

    Burning of Qur’an in Stockholm funded by journalist with Kremlin ties | Sweden

    January 28, 2023
  • Russia-Ukraine war live: UK warns conflict could last another year; Russian general ‘under intense pressure in Donetsk’ | Russia
    World News Today

    Russia-Ukraine war live: UK warns conflict could last another year; Russian general ‘under intense pressure in Donetsk’ | Russia

    February 23, 2023 /

    Russian general probably under intense pressure to take Vuhledar, says UK The town of Vuhledar, in southern Donetsk oblast, has experienced heavy shelling again, according to the MoD’s latest defence intelligence update. “There is a realistic possibility that Russia is preparing for another offensive effort in this area despite costly failed attacks in early February and late 2022,” the update on Thursday morning said. Colonel General Rustam Muradov, commander of Russia’s Eastern Group of forces, is likely to be under intense pressure to improve results in Vuhledar after harsh criticism from the Russian nationalist community, according to the MoD. “However, it is unlikely that Muradov has a striking force capable…

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    Francis McGee Comments Off on Russia-Ukraine war live: UK warns conflict could last another year; Russian general ‘under intense pressure in Donetsk’ | Russia

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    Four things to watch out for in the Middle East in 2023

    Four things to watch out for in the Middle East in 2023

    January 5, 2023
    Police: 6-year-old shoots teacher in Virginia classroom | National/World News

    Police: 6-year-old shoots teacher in Virginia classroom | National/World News

    January 8, 2023
    Disney World was our destination. What I found could be the end for a beloved American company

    Disney World was our destination. What I found could be the end for a beloved American company

    February 11, 2023
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