‘Fairytale’ cottage in sleepy Maine town sparks bidding war
A gorgeous stone ‘fairytale’ cottage in a sleepy Maine town has sparked a furious bidding war. The charming two bedroom home in Veazie was on the market for just under $300,000. The 1,150 square foot cottage dates from the early 1900s…
Japanese Restaurant Benihana Open At Place Vendome
(MENAFN– The Peninsula) The Peninsula Doha, Qatar: Food lovers can now enjoy the famous ‘Benihana Experience’ in Qatar as the latest member of this multinational restaurant company that specialises in Japanese cuisine, opened at Place Vendome mall on Wednesday. The…
Jerome Powell’s Hawkish Shift May Be Just Beginning
Jerome Powell’s Hawkish Shift May Be Just Beginning Bloomberg Will the Fed Cut Rates? What 60000 Headlines Say About Its Next Move Bloomberg Bloomberg Businessweek: Powell Pivot Bloomberg What 60,000 Headlines Say About the Fed’s Next Move Forex Factory Jerome Powell’s Crucial Week Analyzed Barchart
Saudi Finance Minister Says Geopolitics World Economy’s Top Risk
Saudi Arabia’s finance minister warned geopolitics may be the single biggest concern for the world economy that’s already facing slower growth and elevated interest rates. “Today, to me, geopolitical risks are possibly the No. 1 risk as you look at…
Donald Petersen, CEO Who Turned Around Ford, Dies at 97
Donald Petersen, the Ford Motor Co. chief executive officer who helped pull the automaker out of a financial crisis in the 1980s with the introduction of the Taurus sedan, the best-selling car in America for four years, has died. He…
Dollarization Sweeps Over Lebanon, Dragging Inflation Below 100%
Lebanon’s inflation rate fell to double digits for the first time in almost four years as businesses and shops in the crisis-wracked country increasingly price their goods in dollars instead of the local pound. Consumer prices in Lebanon rose by…
Charting the Global Economy: Fed Delay Recalibrates All Rates
Federal Reserve Chair Jerome Powell signaled US central bankers will wait longer to cut borrowing costs following a series of surprisingly high inflation readings, which reduces room for easier policy around the world. Global finance chiefs convening in Washington for…
Google tells staff not to ‘debate politics’ after firing workers who protested Israel contract
Employees from Alphabet Inc, its Google unit and members of Jewish and Palestinian organizations, protest cloud computing work by Google and Amazon for the Israeli governmentPhoto: Paresh Dave (Reuters) Google CEO Sundar Pichai told employees not to “fight over disruptive…
The EV Bust in Europe Is a Red Flag for Region’s Climate Goals
Europe’s plunging electric-vehicle sales are painful proof the market isn’t ready to stand on its own, putting governments on notice for more support until affordable EVs become a reality. The glut is clogging up ports and factories are cutting production…
Sony Is in Talks With Apollo on a Joint Paramount Bid
Apollo Global Management Inc. and Sony Group Corp. are considering a joint offer for Paramount Global, sparking a jump in shares of the film and TV giant as investors weigh the potential for a bidding war with technology mogul David…