EconomyTop StoriesUS cosmetics giant Revlon files for bankruptcyGBO CorrespondentJune 21, 2022 GBO CorrespondentJune 21, 202201242 Revlon's sales have suffered as a result of supply shortages and a failure to quickly move to in-demand skincare.
TechnologyTop StoriesTesla’s driver-assist crashed hundreds of times within ten months: NHTSAGBO CorrespondentJune 21, 2022June 21, 2022 GBO CorrespondentJune 21, 2022June 21, 202201187 US safety authority reported almost 273 crashes involving Tesla's ADAS systems between July 2021 and May 15.
EconomyTop StoriesWhy is inflation so high in the US?GBO CorrespondentJune 20, 2022June 20, 2022 GBO CorrespondentJune 20, 2022June 20, 202201447 Prices have been soaring since last year, and the US has been the worst hit among major economies
EconomyTop StoriesSri Lanka announces Friday off for govt employees to grow crops amidst crisisGBO CorrespondentJune 20, 2022 GBO CorrespondentJune 20, 202201151 Sri Lanka is grappling with a dire shortage of food, foreign exchange, fuel, and medicines.
EconomyTop StoriesHere’s how Ghana’s crop production is getting affected by climate changeGBO CorrespondentJune 17, 2022June 17, 2022 GBO CorrespondentJune 17, 2022June 17, 202202786 Climate change has an impact on agricultural production in Ghana, particularly in the north.
LogisticsTop StoriesSouth Korea truckers’ union threatens to interrupt computer chip productionGBO CorrespondentJune 16, 2022 GBO CorrespondentJune 16, 202201280 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, 202201399 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, 202201230 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, 202201657 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, 202201158 The world's wealthiest man believes the US is already in recession.