LogisticsTop StoriesSouth Korea truckers’ union threatens to interrupt computer chip productionGBO CorrespondentJune 16, 2022 GBO CorrespondentJune 16, 202201343 The group is protesting the rising fuel prices and wants a guaranteed minimum salary.
Oil and GasTop StoriesRAC declares national fuel crisis in Britain; petrol hits record £2 per litreGBO CorrespondentJune 16, 2022 GBO CorrespondentJune 16, 202201480 Diesel prices also hit new highs, reaching 185.2p per litre.
MarketsTop StoriesGlobal markets plunge as Fed mulls biggest rate rise in decadesGBO CorrespondentJune 15, 2022 GBO CorrespondentJune 15, 202201321 The Dow Jones Industrial Average tumbled 2.8%, the S&P 500 shed 3.9%, and the Nasdaq Composite plunged 4.7%.
BusinessTop StoriesMcDonald’s reopens in Russia with a new name, logoGBO CorrespondentJune 15, 2022June 15, 2022 GBO CorrespondentJune 15, 2022June 15, 202201758 The fast-food chain has been named Vkusno & tochka, reassuring Russians can still maintain a western lifestyle.
Asset ManagementTop StoriesTesla China cancels online hiring drive after Musk’s ‘super bad feeling’GBO CorrespondentJune 14, 2022June 14, 2022 GBO CorrespondentJune 14, 2022June 14, 202201274 The world's wealthiest man believes the US is already in recession.
TechnologyTop StoriesBig tech collects, sells unauthorized user data of US & EU netizens: StudyGBO CorrespondentJune 14, 2022 GBO CorrespondentJune 14, 202201145 An average European’s data is shared with advertisers 376 times daily.
TechnologyTop StoriesTwitter to reveal fake accounts data with MuskGBO CorrespondentJune 13, 2022 GBO CorrespondentJune 13, 202201284 Musk told Twitter that if the company fails to supply data on spam accounts, he may walk away from the $44 billion offer.
TelecomTop StoriesUK mobile operator raises call charge by 250%GBO CorrespondentJune 13, 2022June 13, 2022 GBO CorrespondentJune 13, 2022June 13, 202201305 Calls will go up from 10p a minute to 35p a minute, and texts from 10p to 15p.
EconomyTop StoriesCazoo to cut 750 jobs in UK & Europe amidst recession fearsGBO CorrespondentJune 10, 2022 GBO CorrespondentJune 10, 202201379 The company said business restructuring is necessary to protect earnings during difficult times.
Oil and GasTop StoriesFreeport LNG to shut down for three weeks, disrupting global energy marketsGBO CorrespondentJune 10, 2022 GBO CorrespondentJune 10, 202201213 It will likely impact European and Asian markets as well.