Federal Reserve Chairman Jerome Powell appears before Congress with a tall task.Story Published at: March 06, 2023 at 08:04PM
Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full
Toblerone chocolate to cut iconic Matterhorn logo from packaging due to ‘Swissness’ laws
Switzerland requires milk-based products promoting themselves as Swiss to be made entirely within the country. Story Published at: March 06, 2023 at 03:52PM
Saudi Arabia drops $5 billion in Turkey’s central bank to help its struggling economy
The news comes as Turkey struggles with an economy battered by years of high inflation and a recent series of devastating earthquakes.Story Published at: March 06, 2023 at 03:42PM
Tesla cuts Model S and Model X prices in the U.S. to stoke demand
Tesla has cut prices on its two most expensive models in the U.S., the Model S and Model X, in a renewed bid to stoke demand for its cars.Story Published at: March 06, 2023 at 01:26PM
Embattled Adani Group receives a vote of confidence from U.S. asset manager
Rajiv Jain is the co-founder and CIO of GQG Partners and is best known for investing in stable growing companies in the tobacco and energy sectors.Story Published at: March 06, 2023 at 01:17PM
China takes a cautious approach to its economy in 2023
China’s leaders struck a cautious tone about the outlook for the country’s economic rebound, after ending most Covid restrictions on business activity.Story Published at: March 06, 2023 at 08:25AM
Meet the woman who invented a whole new subsection of tech set to be worth $1 trillion
Ida Tin coined the term “FemTech” in 2016, which describes all tech that aims to tackle health issues that only, or disproportionately, impact women.Story Published at: March 06, 2023 at 06:51AM
Apple may launch mixed reality device this year — but we’re not scared, HTC CEO says
Apple will likely launch a mixed reality product “very soon” — potentially as soon as this year, HTC CEO and co-founder Cher Wang told CNBC.Story Published at: March 06, 2023 at 06:26AM
As Apple rumors swirl, Chinese rivals launch foldable smartphones to challenge Samsung
Chinese vendors Oppo and Honor have launched foldable smartphones for the international market in a bid to challenge Samsung in the device category it pioneered.Story Published at: March 06, 2023 at 04:38AM
Gender pay gap could cost the world economy $7 trillion, Moody’s says
On average, women make a higher upfront investment in education but tend to land in lower-level and lower-paid positions, employed below their skill level, Moody’s said in a report.Story Published at: March 06, 2023 at 03:07AM