West News Wire: As the oil supermajor benefited from the spike in energy prices brought on by Russia's invasion of Ukraine, Shell reported record earnings of nearly £10 billion between April and June and planned to pay out dividends...
West News Wire: In an effort to decrease expenses, American multinational financial technology company PayPal has announced a wave of layoffs that would affect almost 2,000 workers. PayPal is one of the numerous tech companies to make similar announcements.
President...
West News Wire: According to the deputy governor of the Central Bank of Iran (CBI), as many as 700 Russian banks and 106 foreign banks from 13 different countries are able to communicate financially with Iranian banks.
On Sunday, the...
West News Wire: The Philippine economy finished 2022 with the highest growth in more than 40 years, supported by a strong last quarter. However, analysts and policymakers warn that the coming year would be challenging due to the global...
West News Wire: After a US investment firm said that Gautam Adani, the richest man in Asia, had engaged in "brazen" corporate fraud, shares of his business empire fell, resulting in losses of $48 billion.
After Hindenburg Research raised concerns...
West News Wire: As its cloud computing clients analyze their spending and the business prepares for a potential recession, Microsoft Corp. has announced it will cut 10,000 positions and incur a $1.2 billion loss.
The layoffs, which were announced on...
West News Wire: Retail sales in the United States decreased more than anticipated in December, with losses in purchases of cars and various other commodities being the main contributors. This puts consumer spending and the economy as a whole...
West News Wire: In an effort to reduce emissions and establish itself as a major exporter of green hydrogen, India authorized an incentive program worth 197.4 billion rupees ($2.4 billion) on Wednesday.
Hydrogen that is renewable or "green" can be...
West News Wire: Chancellor Olaf Scholz said on Friday that Germany is in discussions with Iraq about the prospect of importing natural gas from the oil-rich nation as Berlin works to diversify its energy supplies to replace a decline...
West News Wire: Apple CEO Tim Cook will receive a pay reduction of more than 40% from the previous year as a result of changes made to the way his remuneration is determined, some of which were suggested by...
