worldbusinessstar
Day 2 of major Californian seaport closed by a trucker blockade
The third-busiest seaport in California was blocked by truckers opposing the state's new gig worker law for a second consecutive day on Thursday. This threatened...
UK inflation rises to 9.4%, reinforcing bets on a hefty BoE...
British inflation last month reached its highest level in 40 years, according to official statistics, which boosted the chance that the Bank of England...
Russia attacks Ukrainian cities, concentrating on gas supplies
Authorities reported on Tuesday that Russian forces continued to pound Ukrainian cities, launching missiles at Odesa in the south and cluster bombs at Mykolaiv...
Jammed California ports posed new labour concerns from trucking
On Monday, truckers backed up traffic at the port in Oakland, California, in protest against a state law that could limit labour at the...
Rate hikes remind regulators to look into commodity records
Jumps in energy and grain rates after the Russian war enforced on Ukraine in the latter days of February, packed together with the drawn-out...
U.S. Fed on a roll with interest rates; dollar catches its...
After a tumble overnight, the aftermath of two policymakers from the Fed saying they foresaw a marginal rate hike instead of the 100-basis points...
100-bp rate spike from Bank of Canada shakes up markets
On Wednesday, in an attempt to suppress the growing inflation, the Bank of Canada (BoC) increased its benchmark interest rate by an entire percentage...
Teva, Allergan call truce with San Francisco over $58 mln opioid...
On Tuesday, San Francisco had to settle with a $58 million settlement from AbbVie’s Allergan and Israel-situated Teva Pharmaceutical Industries (TEVA.TA) right before a...
Emerging victorious, dollar touches 24-year high on the yen
After Japan’s ruling conservative coalition bagged a majority in the election on Sunday, they had showcased no possible changes to give the monetary policies...
Shares at the edge of their seat for U.S. inflation; gold...
On Monday, Asian markets were seen scrambling as investors put their fists up for an inflation report of the U.S. that might enforce yet...
