The owner of a cement plant in Florence has started design and engineering work with the goal of making it the first such U.S. facility to use carbon-capture technology on a commercial scale. LafargeHolcim, a global building materials supplier, has received a $1.5 million grant from the U.S. Department of Energy to research and develop […]

FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS/Clodagh Kilcoyne/File Photo(Reuters) – It will be a while before the U.S. economy is fully recovered and before the Federal Reserve will raise interest rates […]

Tax authorities from the United States and four other countries have joined forces to stop shadowy global money networks that use international borders to stymie local investigations. Their first coordinated move against a target is not in some far-flung country. It is on U.S. soil. A team of international investigators is scrutinizing Euro Pacific Bank, […]

WASHINGTON (Reuters) – A decade-long Republican campaign to weaken the consumer watchdog’s independence is set to backfire if Democrat Joe Biden wins the presidential election, by handing him the power to swiftly replace the agency’s director with a consumer champion, said nearly a dozen lawyers, lobbyists and policy experts.FILE PHOTO: Signage is seen at the […]

Tourism leaders hope the country will be able to leverage the star power of Prime Minister Jacinda Ardern to help rebuild the battered industry although the existing minister says he wants to keep the job. Tourism Export Council chief executive Lynda Keene said she strongly backed Ardern for the portfolio. ”If she was to become […]

View Gallery Related Gallery They Are Wearing: Shanghai Fashion Week Spring 2021 “Recovery started in June, after the lockdown, but the quantity is still far from the February level,” di Sarli said adding that engagement and reach also suffered, on average, “a decrease of 54 percent and 55 percent, respectively.” “Again, even if, starting from […]

When the pandemic sent consumers home, they logged on and kept shopping — changing the course of retail.  Between February and September, sales at nonstore retailers shot up a seasonally adjusted 22 percent, or $14.9 billion, as Amazon hit the gas and stores of all sorts raced to connect with consumers in the only way […]

By Charlotte Cowles Happy Sunday, and hope you’re staying safe and healthy. Here’s what you need to know in business and tech news for the week ahead. — Charlotte Cowles What’s Up? (Oct. 11-17) Taking a Stand Facebook and Twitter drew a fresh wave of Republican ire this past week in blocking and limiting the […]

OPINION: In terms of electoral success, Jacinda Ardern still has rivals in her party, but only in the ghosts of Michael Joseph Savage and Peter Fraser. In the Greens’ history books, there are no rivals to Marama Davidson’s and James Shaw’s triumph last night. Read More Matthew Hooton – Jacinda Ardern joins the pantheon Election […]

OCBC has been named the best managed bank during the Covid-19 crisis at this year’s Asian Banker Leadership Achievement Awards. Chief executive Samuel Tsien also won the Leadership Achievement Award for best Covid-19 response in Singapore. The Asian Banker said yesterday that OCBC had rolled out various relief measures for customers, including deferring loan repayments. […]