Business

Business

Yellen hopes Biden-Xi G20 meeting will boost U.S.-China economic engagement By Reuters

© Reuters. U.S. Treasury Secretary Janet Yellen looks on after her interview with Reuters in New Delhi, India, November 11, 2022. REUTERS/Altaf Hussain By David Lawder NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen said she hopes President Joe Biden’s meeting on Monday with Chinese President Xi Jinping leads to increased engagement on …

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Fed’s Waller warns rates will ‘keep going up’ despite prices cooling

Federal Reserve Governor Christopher Waller said “we’ve still got a ways to go” before the US central bank stops raising interest rates, despite good news last week on consumer prices. At the same time, policymakers can start considering whether to downshift their speed after four straight hikes of 75 basis points, and the Fed is …

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The G-20 summit kicks off Tuesday. Here’s what to expect.

Indonesian Finance Minister Sri Mulyani (C front) attends the G20 Finance Ministers Meeting in Nusa Dua, on Indonesia’s resort island of Bali, on July 16, 2022. SONNY TUMBELAKA | POOL | AFP via Getty Images World leaders are kicking off a meeting Tuesday on the holiday island of Bali, Indonesia as the global economy grapples …

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Beach, Warrego shake on $245m takeover

Warrego Energy has agreed to a takeover offer from Kerry Stokes-backed Beach Energy, bypassing a competing offer from its joint venture partner, the John Poynton-chaired Strike Energy. Alexander JayJay Alexander james is a prolific News and Content marketer.Based Leeds United kingdom Jay Has vastly contributed to the Upliftment of the news Standards in United Kingdom …

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[B-SIDE PODCAST] Rehabilitating the Cultural Center of the Philippines

  Follow us on Spotify BusinessWorld B-Side  Designed by National Artist for Architecture Leandro V. Locsin, the Cultural Center of the Philippines (CCP) will be rehabilitated after 53 years. Opened on Sept. 8, 1969, the CCP, a brainchild of former first lady Imelda Marcos, in its first year mounted 195 performances, 35 of which were foreign. …

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Kenya’s move to tap FDI dollars in green project deals is timely

Columnists Kenya’s move to tap FDI dollars in green project deals is timely Friday November 11 2022 President William Ruto addressing the COP 27 meeting in Sharm El-Sheikh, Egypt. Kenya is one of the African countries expected to benefit from the new Africa Carbon Markets Initiative (ACMI). NMG PHOTO I have followed global climate forums …

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How can businesses fund new stock purchases?

During the current economic climate, many businesses are realising the importance of enhanced financial literacy. It’s important that you understand the issues surrounding cash flow, especially when you’re going to a time of reduced sales or increased spending, as many businesses are at the moment. For businesses that sell physical goods, and have a substantial …

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Cybersecurity co Varonis lays off over 100

Varonis has announced streamlining and cost savings measures that include laying off 5% of its workforce, including 40 employees in Israel. Israel-US cybersecurity company Varonis (Nasdaq: VRNS) has announced streamlining and cost savings measures that include laying off 5% of its workforce, or more than 100 employees including 40 in Israel. Before …

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LIC Shares Logs Biggest Intraday Jump Since Listing As Q2 Profit Jumps Tenfold

Shares of Life Insurance Corporation of India gained the most in a day after its second-quarter profit jumped tenfold. Standalone after-tax profit jumped 10 times year-on-year to Rs 15,952 crore in the quarter ended September from Rs 1,434 crore, according to an exchange filing. LIC Q2 FY23 Highlights (Standalone, YoY) Revenue rose by 19% to …

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