BUSINESS NEWS

California to adopt diesel truck ban

California is expected to be granted a waiver by the EPA in the next few weeks. This will allow them to ban diesel trucks from being sold.

BUSINESS News by Dmitrios Predas on March 22, 2023

Big Money Captivated by Banking Drama as Investors Brace for More Turmoil

Managers of hedge funds and large investors believe that it is too early to declare an end to turmoil in the global financial system, even after more than a week's financial lifelines, central banks assurances and a huge banking rescue deal.

BUSINESS News by Tee Hui Shan on March 21, 2023

Credit Suisse, UBS and the bank are both in trouble.

The deal could lead to thousands of job losses for Credit Suisse, according to Switzerland's finance minister. UBS and the bank are both in trouble.

BUSINESS News by Suzan Goodman on March 21, 2023

Hong Kong - crypto trading platforms to be licensed by the Securities and Futures Commission.

The city's digital asset push is in stark contrast to the mainland, where Beijing effectively banned trading and outlawed crypto-related activities.

BUSINESS News by Lucas Brown on March 21, 2023

Marketing in the Metaverse: A Guide For Marketers

Businesses have a lot of potential to market in the metaverse. Brands can create an immersive and engaging experience for customers by interacting with them in a virtual setting.

BUSINESS News by Alexander Merev on March 21, 2023

McDonald's franchisees claim that McDonald's is on a "destructive path"

McDonald's USA franchisees are experiencing rising unrest. This could be a problem as McDonald's plans aggressive expansion.

BUSINESS News by Gregory Nicola on March 20, 2023

Ukraine Black Sea grain deal extended at least 60 days

Ukraine claims that the grain deal was extended for 120 days. Russia's cooperation is required and Moscow has only agreed to renew the pact by 60 days.

BUSINESS News by Suzan Goodman on March 20, 2023

Indonesians are urged to abandon Western payment methods

President Joko Widodo stated that Indonesia must reduce its dependence on Visa or Mastercard, which pose potential sanctions risks.

BUSINESS News by Carmen Schmidt on March 20, 2023

US Banks Borrow $148B from Fed's Discount Window This week

This week, U. S. banks borrowed $164.8 billion from two Federal Reserve backstops facilities.

BUSINESS News by Ronald Swift on March 19, 2023

Vietnam's energy transition faces challenges

Vietnam's energy transition faces challenges, especially since the transition is expected ensure energy security, power supply and reasonable costs.

BUSINESS News by Selin Meyer on March 19, 2023