[ad_1] Germany’s last remaining major department store chain has filed for insolvency protection, its third filing in less than four years, after its owner ran into difficulties January 9, 2024,…
Tag: World News
What it would mean for the global economy if the US defaults on its debt
[ad_1] WASHINGTON (AP) — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a…
Nigeria’s Tinubu Suspends Humanitarian Minister Facing Financial Probe
[ad_1] ABUJA (Reuters) – Nigeria’s president has suspended the minister of humanitarian affairs with immediate effect and asked the corruption watchdog to investigate financial transactions involving her ministry, the president’s…
Honda considers $18.4-billion plan for EV production in Canada: media report
[ad_1] A Japanese news outlet is reporting that Honda Motor Co. Ltd. could invest upward of $18.4-billion in an electric vehicle plant in Canada. Nikkei Asia says the company is…
U.S. says tin mill products from China, Canada, Germany being dumped onto market
[ad_1] The U.S. Commerce Department said on Friday it found that imports of tin mill products from Canada, China, Germany and South Korea are being dumped onto the U.S. market…
Stock Market Today: Wall Street Rises as Reports Raise Hopes for Perfect Landing for the Economy
[ad_1] NEW YORK (AP) — Wall Street is drifting higher Friday after reports showed a strong job market is giving workers bigger raises, but key parts of the economy still…
Farmers prevent Germany’s vice chancellor leaving a ferry in a protest that draws condemnation
[ad_1] A group of farmers prevented Germany’s vice chancellor from disembarking a ferry hours after the government partially climbed down on cost-saving plans that had infuriated the agricultural sector By…
PepsiCo Products Are Being Pulled From Some Carrefour Grocery Stores in Europe Over Price Hikes
[ad_1] PARIS (AP) — Global supermarket chain Carrefour will stop selling PepsiCo products in it stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s…
Ottawa confirms a third of Accenture employees working on CEBA are based in Brazil
[ad_1] Open this photo in gallery: The logo of Irish services and consulting company Accenture at a temporary office during the World Economic Forum in the Alpine resort of Davos,…
Canadian service sector shrank for seventh straight month in December
[ad_1] Activity in Canada’s service sector deteriorated for a seventh consecutive month in December as elevated borrowing costs weighed on the housing market, S&P Global Canada services PMI data showed…