Sunday, 29 Sep 2024

Business

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

Oil rises as Russia indicates open to cuts with OPEC

NEW YORK (Reuters) – Oil reversed course and rose as much as 2 percent on Thursday, after industry sources said Russia had accepted the need to cut production, together with OPEC ahead of its meeting next week. Prices in November were down nearly 22 percent so far, set for the biggest monthly fall since the […]

Wall Street dips on trade uncertainty ahead of G20 Summit

(Reuters) – U.S. stocks dipped in choppy trading on Thursday as uncertainty over the outcome of a high-stakes meeting between the United States and China at the upcoming G20 Summit kept investors on edge. President Donald Trump sent conflicting signals on a potential trade deal with China after he said Washington was close to making […]

For Carmakers, Auto Shows Are No Longer Can’t-Miss Events

PARIS — At the Paris Motor Show last month, the first international extravaganza of the new-car season, the press had to scramble to find the special among the predictable. The excitement among the media scrum — short-lived as it was — flowed from a stand introducing the VinFast, a generic-looking S.U.V. that was to be […]

Deutsche Bank offices raided in money laundering probe

FRANKFURT (Reuters) – Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers”, the public prosecutor’s office in Germany’s financial capital said. Investigators are looking into the activities of two unnamed Deutsche Bank employees alleged to have helped clients set up offshore firms to […]

Starbucks to enforce ban on accessing porn through its free WiFi

Well you were warned…Starbucks looks like it’s staying true to its word by blocking porn accessed through its free in-store WiFi. According to Business Insider, the global coffee chain is following through on a promise it made two years ago, initially prompted by pressure from Enough is Enough. Following no action from Starbucks since 2016, […]

Funeral sector faces probe over soaring prices

The Competition and Markets Authority (CMA) said the price of organising a funeral had risen by more than two-thirds in the last ten years – more than three times the rate of inflation. An interim report by the CMA found people were typically spending between £3,000 and £5,000 organising a funeral. For those on the […]

Deutsche Bank searched in money laundering probe over Panama Papers

Around 170 police officers, prosecutors and tax inspectors searched six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations, the Frankfurt public prosecutor’s office said in a statement. Investigators are looking into the activities of two Deutsche Bank staff members who are alleged to have helped clients set up off-shore firms […]

A Farmer’s Tough Choices in Coping With the Trade War

Justin Knopf finished harvesting soybeans as November’s first snowflakes started falling on his fields in Gypsum, Kan. Then he did what thousands of farmers throughout the grain belt are doing: He got an application for some of the $12 billion in federal emergency relief intended to blunt the economic fallout from President Trump’s trade policy […]