Business Profiles

The commodities giant Glencore will pay $1.1 billion to settle bribery and price-fixing charges. WASHINGTON — Glencore, the mining and commodity-trading giant, has agreed to pay $1.1 billion to settle charges that two of its units bribed…
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EUROPE Stocks trade lower on GDP data with eyes central bank meetings European stock markets were lower on Tuesday, 31 January 2023, as risk-off sentiment amid weaker than expected euro zone GDP data and on caution ahead of this week's…
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South African rand held steady after surge on U.S. Fed comments Reuters: The South African rand held steady on Thursday, after surging a day earlier when the U.S. Federal Reserve signalled it had turned a corner in the fight against…
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Business models should factor in social cost of carbon now: James H Stock Synopsis Social cost of carbon means estimating the monetary value of the damages caused by emitting one ton of carbon. Emitting carbon causes damages both today…
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Goldman Sachs layoffs 2023: 3,000 employees sacked after calling for business meetings at 7.30 AM The New York Post reported that Goldman Sachs' CEO David Solomon "e-mailed calendar invites that called targeted employees to phony 'business…
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Russia-Ukraine war: US to send Kyiv longer-range bombs in latest turnaround The U.S. will provide ground-launched small diameter bombs as part of a $2.17 billion aid package it is expected to announce Friday, several U.S. officials said…
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MicroStrategy’s Software Business Turns Profitable As Bitcoin Stash Appreciates MicroStrategy MSTR +9%, the bitcoin investment vehicle attached to a business-software company, is likely to report its first quarterly profit in two…
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The role of trust in business More than ever before, organizations, and companies specifically, face global trends that negatively impact people’s trust. Economic and social polarization, concern for privacy in the face of the…
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Alphabet Disappoints On Sales As Ad Business Slips After Pandemic Run-Up Shares of Alphabet were down nearly 5% in after-hours trading, after losing about 40% of their value in 2022. Alphabet Inc on Thursday posted…
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US-India Business Council Meet Discusses Steps To Strengthen Defence Ties It further said, "Attendees discussed how greater engagement with global defense companies can support India's role as a major defense partner to the US and a net…
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