Modern Business America - Modern Business America

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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U.S. begins inquiry into industry’s role in infant formula supply shortages. A severe shortage of baby formula has prompted the Federal Trade Commission to begin an inquiry into the industry’s consolidation and whether online resellers…
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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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Adani made scheduled U.S. bond payments, to release credit report Friday Adani Group entities made scheduled coupon payments on outstanding U.S. dollar-denominated bonds on Thursday, a bondholder and a source with direct knowledge of the…
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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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Rupee Gains 12 Paise To 81.76 Against US Dollar Ahead Of Union Budget The rupee opened on a positive note and gained 12 paise to 81.76 against the US dollar in early trade on Wednesday ahead of the Union Budget presentation. At the…
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US House Panel to Hear Twitter's Role In Censorship Of Biden Family Business Schemes A hearing on Twitter employees' role in concealing reports about the Biden family’s questionable business activities will be held by the US Oversight…
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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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