It’s been roughly one year since Dick’s Sporting Goods CEO Ed Stack took a controversial stance on guns, pulling high-capacity magazines from stores and halting the sale of firearms to anyone under 21 years old. Dick’s Sporting Goods’ decision marked one of the strongest stances taken by corporate America in the national gun debate. Retailers […] Read more
By Philip Whiteside Crown Prince Mohammed bin Salman says he sees the chance to invest $100bn in India as he meets prime minister Narendra Modi. India’s PM Narendra Modi (R) shakes hands with Saudi Crown Prince Mohammed bin Salman Saudi Arabia’s crown prince says his country is ready to share intelligence with India, a day […] Read more
By: Maja Zuvela Smoke rises from coal-fired power plant in Obilic near Pristina, Kosovo November 1, 2018. Environmentalists urged EU policy makers on Tuesday to take a tougher stance on air pollution from coal power plants in the Western Balkans, blaming the fumes for 3,900 deaths across Europe each year. The 16 Communist-era plants with […] Read more
By Abbas Al Lawati The worst is yet to come for Dubai’s real estate after prices already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has built up even as demand faltered, feeding what S&P is calling the market’s “long decline” that’s seen […] Read more
By: Michael Safi India’s railways minister has been mocked for sharing a video of the country’s first locally built fast train – using footage that had been sped up to twice its normal speed. Piyush Goyal posted the video of the Vande Bharat Express on his official Twitter and Facebook accounts on Sunday. It’s a bird…It’s […] Read more
By Peter Laca and Krystof Chamonikolas The Czech central bank will probably keep borrowing costs unchanged for a second meeting, prolonging a pause in rate hikes to digest signals of a potential economic slowdown in the euro area. As the European Central Bank faces diminishing prospects of raising its own rates this year, its Czech […] Read more
By Lydia DePillis The US economy added 304,000 jobs in January, a surprisingly strong month of hiring as employers continue to bring in new workers. January was the 100th straight month of job gains. The Labor Department said the government shutdown that lasted more than a month had “no discernible impacts” on hiring and wages, […] Read more
A $1 million settlement for a company with annual revenues of $270 million is not usually enough to bat an eyelash, except when it has to do with North Korea. The U.S. Office of Foreign Assets Control says e.l.f. Beauty imported 156 shipments of false eyelash kits, valued at $4.43 million, from two suppliers located […] Read more
By Hanna Hoikkala The waterfront in the old city area of Stockholm The holding company that manages about $37 billion in assets for Sweden’s Wallenberg family says political risk stemming from trade wars and Brexit could have serious repercussions for a number of its investments. Johan Forssell, the chief executive officer of Investor AB, says […] Read more
By: Gordon Brown Parliament must inflict a second defeat on the government – by voting next Tuesday to extend article 50 for a year. Not as a delaying tactic, but for a purpose: to enable a process of nationwide consultation and reflection. Key to this would be a series of citizens’ assemblies whose thinking would […] Read more
