In a statement on Monday, the French company said it had agreed to sell Renault Russia to the city of Moscow and its stake of nearly 68% in Lada parent Avtovaz to a state-owned industry research center. Renault is keeping open the option of returning to Russia — the deal gives the company various windows […]
Poland’s stance was sharply criticized by European officials, particularly France, whose finance minister, Bruno Le Maire, suggested that Warsaw was instead holding up a final accord in retaliation for a Europe-wide political dispute. Poland has threatened to veto measures requiring unanimous E.U. votes because of an earlier decision by Brussels to block pandemic recovery funds […]
China’s economy contracted in April, with Covid outbreaks and lockdowns dragging the industrial and consumer sectors down to the weakest levels since early 2020 as millions of residents were confined to their homes and factories were forced to halt production. Industrial output fell 2.9% in April from a year ago, worse than the median estimate […]
Lou McAlister has been traveling Arkansas for months and he knows a thing or two about who has broadband, who needs broadband, and how hard it will be to deliver for many remote citizens. McAlister, who appeared on this week’s edition of Talk Business & Politics, said an upcoming meeting to be held soon on […]
King Street business owners who want to be excluded from a new taxing district for the street will have the opportunity to opt out this week. Charleston City Council will host a meeting at 5 p.m. May 17 at city hall to hear objections from business owners. The meeting is part of the standard approval […]
Fareed’s take: The ‘weaponization’ of the dollar CNN Read more…
Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in strict […]
The COVID-19 shock led to a sharp but short-lived downturn, when the US economy staged an epic recovery. In fact, following a GDP collapse of more than 31 percent annualized in Q2 2020, the US economy rebounded strongly, printing robust annualized growth rates over the subsequent quarters to Q4 last year. Today, the US economy […]
Arabella of Kilgore recognizes employees Senior living community Arabella of Kilgore has recognized Administrative Assistant Yami Hale for her 15 years at the facility. An April 11 event celebrated Hale’s work. “We made the day all about her, decorated her work space with balloons, had a huge bouquet of flowers sent to her, and invited […]
The soaring dollar is propelling the global economy deeper into a synchronized slowdown by driving up borrowing costs and stoking financial-market volatility https://t.co/qnaIvgRlKs— Bloomberg (@business) May 15, 2022 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly […]
