Automakers and car buyers are taking a second, harder look at hybrids after leaving them behind for electric vehicles. Source link
Category: Business
Business News
Chinese Companies Set Their Sights on Brazil
Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names in Latin America’s […]
Bank Transfer Signals Syria Is Making Strides in Ending Economic Isolation
The bank-to-bank transfer using the SWIFT system was symbolically important, indicating the war-torn country was reintegrating into the global financial community. Source link
TikTok Hits Cannes, Where a U.S. Ban Seems a Distant Dream
TikTok executives hosted happy hours and played pickleball with influencers on the French Riviera this week, even as a U.S. ban loomed over the company. […]
Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, comes amid increased reports of GPS jamming. Source […]
Cannes Lions Festival Plays Host to a Messy Business Divorce
Michael Kassan, a ringmaster in the media industry, is going head to head at its top event with United Talent Agency, a company that has […]
Fed’s Interest-Rate Approach Keeps It on Collision Course With Trump
The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs. Source link
New Digital Comics Store Takes Aim at Amazon
Two veterans of Comixology, a site that the e-commerce colossus bought in 2014, are now starting a rival to compete with it. Source link
Zero Interest Rates Are Back in Europe
The Swiss National Bank lowered rates to zero after consumer prices fell last month. Other European central banks are grappling with uncertainty caused by President […]
Record Debt Limit Increase Would Break Republican Precedent
A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility. Source link