Starbucks To Open Its First Milan Chain
Starbucks announced its partnership with Percassi to open its first store in Milan, Italy.
Europe
Goldman Sachs Removes Bonus Cap for UK Bankers
After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.
US Accuses Russia of Quietly Shipping Refined Petroleum to North Korea at Levels Violating UN Cap
The US has revealed that Russia has been discreetly supplying refined petroleum to North Korea at levels that seem to exceed UN Security Council limits...
Uber Sued by London Black Cab Drivers for £250 Million Over Taxi Booking Rules
Uber is facing a multi-million-pound lawsuit filed by nearly 11,000 black cab drivers in London, England...
Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology
The administration of President Joe Biden has announced nearly 300 new sanctions targeting international suppliers of military equipment technology accused of helping Russia in its war against Ukraine..
Finnish Passenger Jets Forced to Turn Around After Navigation Hit by 'Extremely' Dangerous Russian GPS Jamming
Finnair, Finland's national airline, announced Monday that it will cea...
EU Launches Investigation Against Meta Platforms Over Suspected Election Interference, Foreign Disinformation
The EU is preparing to initiate formal procedures against Meta, the co...
Latest News
Greece Recalls Its Ambassador in Austria Over Migrant Dispute
Greece recalled its ambassador from Austria, following Austria's decision to close its border for migrant. While majority of people are not satisfied with government's way in handling economic crisis.
Fitch Also Degrades Economic Outlook of Azerbaijan After S&P And Moody’s
S&P and Moody’s have downgraded economic outlook of Azerbaijan during the previous month. On Friday, the other US Stock Exchange Commission recognized rating agency, Fitch Ratings, has also downgraded
Human Regains The Lead In Mercedes-Benz Production Line
Robots are the best performer in repeating predefined tasks while lags behind in adapting with changes. Offering changed features in versatile range of models appear as the trend for recent day’s auto
Anheuser-Busch InBev Q4 profit drops by 10% due to sluggish US Market
Anheuser-Busch InBev NV has reported a10 percent drop in profit for fourth quarter of 2015. The brewer is suffering from sluggish market in the US. As a result, revenues for fourth quarter fell to $3.
Ofcom Pauses Split of Openreach From BT, Instructs To Ensure Universal Broadband right
Openreach provides broadband internet service to BT and other operators in the UK. Since BT remains as the controlling authority of Openreach, so dependence appears as a major hurdle in rendering equa
Zoopla sets new record as 58mln homebuyers visits in January 2016
British property website Zoopla has set a new record in attracting more number of visitors to its webpage. About 58 million visits to Zoopla website and app by homebuyers was recorded in January 2016.
Exxon may face downgrading by Moody's amid bleak oil prices
Exxon Mobil Corp may lose credit rating from Moody's Investors Service. Moody's on Thursday lowered its outlook for Exxon from stable to negative. Exxon is suffering from cash flows in the wake of con
UK's Finance Minister pushes G20 against Brexit
UK's Finance Minister George Osborne may take leverage of Group of 20 to support Britain to stay with the European Union (EU). G20 meeting is being held on 26-27 February in Shanghai. Brexit may be a
UK's GDP growth rate remains at 0.5%; IMF cautions about global growth
UK's GDP growth rate was remained unchanged at 0.5 percent for the fourth quarter of 2015. Services sector contributed the most to the GDP growth. Meanwhile, International Monetary Fund (IMF) has caut
