Donald Trump has threatened to levy tariffs against the European Union if the bloc does not buy more oil and gas from the United States, in the latest economic warning from the…
Category: Business News
USA: Biden cancels another $4.2bn in US student loans before leaving office
US President Joe Biden’s administration is cancelling student loans for another 55,000 people in the United States, amounting to $4.2bn in debt forgiveness just weeks before his time in office ends. The…
USA: Amazon hit by ‘strike’ during holiday season scramble
One of America’s most powerful labour unions is staging a protest against Amazon, aiming to put pressure on the tech giant as it rushes out packages in the final run-up…
UK: Man convicted for repeatedly lying about inventing Bitcoin
A computer scientist has been found to have committed contempt of court for falsely and persistently claiming to be the mysterious inventor of Bitcoin, Satoshi Nakamoto. In March, the High Court…
El Salvador: World’s first Bitcoin nation scales back crypto dream
El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies. The global lender said risks related…
N Korea: Hackers stole $1.3bn of crypto this year – report
A total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study. Research firm…
USA: Starbucks baristas to strike in US- union
A union representing more than 11,000 Starbucks baristas in the US says its members will hold a five-day strike starting Friday morning, in a dispute over pay and working conditions.…
USA: Musk joins Bezos and Trump dinner at Mar-a-Lago
Amazon founder and Washington Post owner Jeff Bezos has become the latest billionaire to meet Donald Trump at his Florida resort. He was seen entering Mar-a-Lago on Wednesday night on…
USA: Congress in disarray and shutdown looms as Trump, Musk slam spending deal
A US government shutdown could be two days away after President-elect Donald Trump called on Republican lawmakers to reject a cross-party funding bill.Trump urged Congress to scrap the deal and…