Sunday, 12 Jan 2025

Business

Business News Today: Get all the Latest Business News, Economy News, International Business News on the news24x7world.com. Read Business News …

DealBook Briefing: A Model to Alleviate Student Debt Gains Traction

Good Tuesday morning. (Was this email forwarded to you? Sign up here.) Could venture capitalists make student debt obsolete? Silicon Valley is captivated by a new concept that could eliminate student debt, Andrew writes in his column. Students were saddled with $1.5 trillion in debt last year, a record high. An idea called Income Share […]

U.S.-China trade talks extend into evening of second day: source

BEIJING (Reuters) – A second day of U.S.-China trade talks in Beijing extended into Tuesday evening, a source with knowledge of the meetings said, as the world’s two largest economies looked to resolve a bitter trade dispute. The source confirmed to Reuters that talks were “ongoing”, but few other details had emerged. U.S. Commerce Secretary […]

German foreign minister warns no-deal Brexit can still happen 'despite serious damage'

German foreign minister Heiko Mass has warned that a no-deal Brexit can still happen “despite the serious damage that this would cause on both sides.” Mr Mass delivered a speech at a conference in Dublin where Tánaiste Simon Coveney also gave a key-note address. Both men urged British politicians to ratify British Prime Minister Theresa […]

Ryanair's Spanish cabin crew unions call off Tuesday strike

DUBLIN (Reuters) – Unions representing Ryanair (RYA.I) cabin crew in Spain called off plans to strike on Tuesday to allow time for further talks, the SITCPLA and USO unions said in a statement. The unions, which are due to meet representatives of Ryanair on Tuesday morning, have not cancelled plans for one-day strikes on Thursday […]

LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins

SEOUL (Reuters) – South Korea’s LG Electronics Inc (066570.KS) said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below analyst expectations. The world’s second-biggest television set maker behind compatriot Samsung Electronics Co Ltd (005930.KS) estimated profit of 75.3 billion won ($67.03 million) for October-December […]

Karen Peetz to retire from Wells Fargo board

(Reuters) – Wells Fargo & Co (WFC.N) said on Monday board member Karen Peetz has decided not to stand for reelection after roughly two years on the board. The fourth-largest U.S. bank by assets also said it has elected Wayne Hewett to join the board. Peetz was named to the board in February of 2017 […]

Karen Peetz to retire from Wells Fargo board

(Reuters) – Wells Fargo & Co (WFC.N) said on Monday board member Karen Peetz has decided not to stand for reelection after roughly two years on the board. The fourth-largest U.S. bank by assets also said it has elected Wayne Hewett to join the board. Peetz was named to the board in February of 2017 […]

Incredible 1.4 million families lose child benefits thanks to a single policy

For decades child benefit was paid to all families with children the right age – often directly to the mother. But six years ago the Government decided that should change – with well off families seeing their benefits stripped from them. But the cut offs for what was considered "well off" have been frozen ever […]