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GBO CorrespondentJune 16, 2022

RAC declares national fuel crisis in Britain; petrol hits record £2 per litre

GBO CorrespondentJune 16, 2022
Diesel prices also hit new highs, reaching 185.2p per litre....
Boris JohnsonChina lockdownsDemand-supply divideFuel dutyprice riseRishi SunakRussia-Ukraine CrisisUK chancellorUK EconomyUK fuel demandUK fuel pricesUK governmentUK Inflation
GBO CorrespondentJune 15, 2022

Global markets plunge as Fed mulls biggest rate rise in decades

GBO CorrespondentJune 15, 2022
The Dow Jones Industrial Average tumbled 2.8%, the S&P 500 shed 3.9%,...
Dow Jonesglobal economyNASDAQprice riseS & P 500 indexUS economyUS Federal ReserveUS InflationUS marketsUS stock market
GBO CorrespondentJune 15, 2022June 15, 2022

McDonald’s reopens in Russia with a new name, logo

GBO CorrespondentJune 15, 2022June 15, 2022
The fast-food chain has been named Vkusno & tochka, reassuring Russians can...
Fast-food companyMcDonalds RussiaMoscowRussia-Ukraine warRussian Business exitsRussian embargoSupply-chain crisisVkusno & tochkaWest sanctions
GBO CorrespondentJune 14, 2022June 14, 2022

Tesla China cancels online hiring drive after Musk’s ‘super bad feeling’

GBO CorrespondentJune 14, 2022June 14, 2022
The world's wealthiest man believes the US is already in recession....
China lockdownEconomyElectric vehiclesElon MuskGDPInflationRecessionStagflationSupply-chain crisisTesla ChinaTesla Recriutment
GBO CorrespondentJune 14, 2022

Big tech collects, sells unauthorized user data of US & EU netizens: Study

GBO CorrespondentJune 14, 2022
An average European’s data is shared with advertisers 376 times daily....
Data securityDigital advertisingFacebookgoogleinternetIrish Council for Civil LibertiesOnline marketingReal-time dataSurf
GBO CorrespondentJune 13, 2022

Twitter to reveal fake accounts data with Musk

GBO CorrespondentJune 13, 2022
Musk told Twitter that if the company fails to supply data on...
Data privacyElon MuskParag AgrawalSocial MediatechnologyTwitterTwitter dealTwitter fake accountsTwitter vs Elon Musk
GBO CorrespondentJune 13, 2022June 13, 2022

UK mobile operator raises call charge by 250%

GBO CorrespondentJune 13, 2022June 13, 2022
Calls will go up from 10p a minute to 35p a minute,...
PAYGThree UKUKUK Mobile network operatorsUK Price riseUK telecom
GBO CorrespondentJune 10, 2022

Cazoo to cut 750 jobs in UK & Europe amidst recession fears

GBO CorrespondentJune 10, 2022
The company said business restructuring is necessary to protect earnings during difficult...
CarzamCazooEuropeEuropean EconomyJob cutsLayoffsNew York Stock ExchangeUKUK Economy
GBO CorrespondentJune 10, 2022

Freeport LNG to shut down for three weeks, disrupting global energy markets

GBO CorrespondentJune 10, 2022
It will likely impact European and Asian markets as well....
Alex MuntonFreeport LNGLNG MarketOil and GasRapidan EnergyTexas GulfUSUS Energy Information Administration
GBO CorrespondentJune 9, 2022

Biden nominee Michael Barr approved by Senate as Fed vice-chairman

GBO CorrespondentJune 9, 2022
The Senate Banking Committee voted 17-7 on Wednesday to confirm Barr....
Federal PoliciesFederal Reserve BoardMichael BarrPresident Joe BidenSarah Bloom RaskinSecurities and Exchange CommissionSenate Banking CommitteeUS Senate
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GBO Apr-Jun 2025 IssueCURRENT
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Trump’s $2 trillion deals recast US-Gulf relationsBeyond the dollar signs, Donald Trump’s Middle East agreements are poised to reshape the region’s development trajectory…

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