Business

Thousands of Royal Mail employees in UK go on strike for 48 hours

West News Wire: Picket lines have been set up in front of Royal Mail sorting and delivery offices in the UK after employees went on a 48-hour strike over a deteriorating pay dispute. On Friday, members of the Communication Workers...

US economy down again from April through June

West News Wire: The government has reported that the United States economy contracted at a 0.6 percent annual rate from April through June, which is unchanged from its prior estimate for the second quarter. This decline was caused by...

Economic Policy under Truss Is ‘Greatest Risk’ to UK: Citigroup

West News Wire: Liz Truss, who succeed Boris Johnson as Conservative Party leader, Citigroup Inc. claims Liz Truss policies represent the greatest risk to the stability of the UK economy. As part of her campaign to derail the "business as...

IMF criticizes United Kingdom for taxes

West News Wire: International Monetary Fund (IMF) specialists have cautioned that the tax cuts proposed by the UK government last week should be reevaluated since they offer the Bank of England poor prospects in the face of high inflation. The...

China’s imports of Russian coal reach five year high as ties increase

West News Wire: The latest indication that Chinese trade is giving Moscow an economic lifeline as it faces international isolation due to its conflict in Ukraine is the five-year high in Russian coal shipments to China in August.  According to...

Musk wants to exempt Iran from sanctions for Web access

West News Wire: The Treasury Department, which stated on Tuesday that it welcomes applications to boost internet freedom in the nation that is mostly cut off from Western markets, must grant Elon Musk's request for approval in order for...

South Korea penalizes Google, Meta for violating privacy laws

West News Wire: Google and Meta were each fined 100 billion won ($72 million) by South Korea's privacy authority for tracking internet activity of users without their permission and utilizing that information to target adverts. Following a meeting where officials...

California files lawsuit against Amazon citing antitrust violations

West News Wire: Amazon is being sued by the state of California, which claims that by limiting competition and engaging in methods that encourage sellers to maintain higher pricing on products on other websites, the business has violated the...

Twitter shareholders accept Musk’s $44 billion takeover proposal

West News Wire: Twitter's shareholders have approved Elon Musk, the CEO of Tesla $44 billion offer to acquire the firm, thereby postponing a legal battle over the billionaire's takeover of the social media behemoth. The results were announced during a...

UPS to recruit new 100,000 employees for the holidays

West News Wire: In order to handle an increase in package deliveries during the crucial holiday season, United Parcel Service announced on Wednesday that it would be hiring more than 100,000 additional workers. That's similar to the holiday seasons of...
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Thousands of Royal Mail employees in UK go on strike for 48 hours

West News Wire: Picket lines have been set up in front of Royal Mail sorting and delivery offices in...
- Advertisement -spot_img