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business news

American Airlines, Spirit cut summer profit forecast on costs

by Leila Aboulela

An American Airlines plane sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on february 23, 2023 Daniel Slim | Afp | Getty Images American …

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EU should have ‘isolated’ the Ukraine war, Hungarian foreign minister says

by Betti Alver

Hungary’s Foreign Minister Peter Szijjarto. Thierry Monasse | Getty Images News | Getty Images The European Union should have “isolated” the Ukraine war, Hungary’s foreign minister told CNBC in an …

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RBI to banks: Return property papers within 30 days of loan repayment, or pay Rs 5000 fine

by Adam Aitken

MUMBAI: The Reserve Bank of India (RBI) has issued guidelines to banks regarding the release of documents related to movable and immovable property upon full repayment of loans by customers. …

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Mortgage demand stalls at a level not seen since 1996

by Betti Alver

A “For Sale” sign hangs in front of a home in San Mateo County, California, Aug. 22, 2023. Liu Guanguan | China News Service | Getty Images Higher mortgage rates …

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X (formerly Twitter) hate speech running rampant: CCDH

by Claribel Alegria

Hate speech continues to flourish on the messaging service formerly known as Twitter, according to The Center for Countering Digital Hate. The CCDH said Wednesday that X fails to remove …

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Biden impeachment inquiry gives White House a fight it’s ready for

by Peter Abrahams

WASHINGTON — The White House’s oversight and investigations war room finally got the battle on Tuesday that they’d been arming themselves for. House Speaker Kevin McCarthy’s announcement that he has directed …

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European Union launches anti-subsidy probe into Chinese EVs

by Betti Alver

China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found. Yi Fan | Visual China Group …

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UK economy contracts in July as mild recession looms

by Betti Alver

Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images LONDON — U.K. …

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Amazon follows Microsoft, investing big in carbon capture

by Claribel Alegria

Amazon CEO Andy Jassy. CNBC After a recent infusion of government money into technology that sucks carbon out of the air, big business is getting in as well. Amazon announced …

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Demand for oil, gas, coal will peak by 2030, says IEA chief

by Lotfi Akalay

Fatih Birol, Executive Director of the International Energy Agency (IEA), poses for a photograph during an interview with AFP at the Africa Climate Summit 2023 at the Kenyatta International Convention …

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