business news

Marc Benioff, co-CEO of Salesforce.com Inc., speaks on a panel session at the World Economic Forum in Davos, Switzerland, on Tuesday, May 24, 2022.Hollie Adams | Bloomberg | Getty ImagesSalesforce shares rose 5% in extended trading on…

A JetBlue Airlines plane takes off near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesProxy advisory firm Institutional Shareholder…

Faced with a worsening political predicament, President Joe Biden is pressing aides for a more compelling message and a sharper strategy while bristling at how they've tried to stifle the plain-speaking persona that has long been one of…

The war between Russia and Ukraine — both major producers of food commodities and energy — has disrupted global production, trade and supply in these areas, leading to a surge in prices.Solstock | E+ | Getty ImagesQueen Maxima of the…

EU leaders reached an agreement to ban 90% of Russian crude by the end of 2022.Joe Klamar | Afp | Getty ImagesOil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.During…

During the first four months of the year, investment in real estate development fell by 2.7% from a year ago. Pictured here is a project in Qingzhou, Shandong province, on May 15, 2022.CFOTO | Future Publishing | Getty ImagesBEIJING —…

A general view of the Bahia Principal as Hurricane Agatha moves toward the southern coast of Mexico, in Puerto Escondido, Oaxaca state, Mexico, May 30, 2022.Jose De Jesus Cortes | ReutersBands of rain and gusty winds lashed Mexico's…

Boehly's simple refusal to countenance any distractions has proved central to the Connecticut billionaire's successful Chelsea takeover.Nurphoto | Nurphoto | Getty ImagesThe Todd Boehly-led consortium have completed a £4.25bn takeover of…

Cryptocurrency markets have seen a steep sell-off after the collapse of controversial blockchain project Terra.Dan Kitwood | Getty ImagesA new version of the collapsed luna cryptocurrency is already live on major exchanges — and it's…

A global recession is not imminent, but brace for rising costs and slower growth, economists say. "There will be no sudden 'after' of stagflation," said Simon Baptist, global chief economist at the Economist Intelligence Unit, referring…