After years of setbacks, letdowns, and the change of its name, North Macedonia on Tuesday opened European Union membership talks even as unrest grows at home with a nationalist movement threatening to upend the process.. On Tuesday, officials from North Macedonia take the first symbolic step in Brussels to kickstart the accession process with European Commission President Ursula von der Leyen announcing the launch of talks.
Ghanaian trader Mohammed Biney was already struggling when the government passed a new tax on electronic money transactions this year to try to revive the economy.. "You can’t impose taxes on us under the guise of saving the economy and then overnight come and tell us you’re going to the IMF," trader Biney told AFP. "I think they ran out of ideas."
Elon Musk and Twitter will face off Tuesday in the first court hearing over the Tesla chief's move to abandon their $44 billion buyout deal, a case with massive stakes for both sides.. Billions of dollars are at stake, but so is the future of the platform that Musk has said should allow any legal speech, an absolutist position that has sparked fears the network could be used to incite violence.
The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.. At the same time, the Indian currency has strengthened against the British pound, the Japanese yen and the euro in 2022 so far, Sitharaman added.
The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.. The rupee 80.0600 against the greenback soon after trading started, Bloomberg data showed.
Scandinavian airline SAS and the unions representing their pilots said Tuesday that they had reached an agreement, ending a two-week strike that has cost the ailing airline between $9 and $12 million a day.. The agreement ending the strike after 15 days was confirmed by both the company and the unions after a negotiation session ran through Monday and into the early hours of Tuesday.
Most stocks fell Tuesday after a Wall Street sell-off fuelled by fresh recession worries following a report that Apple planned to ease back on spending due to uncertainty over the economic outlook.. In a sign of concern among big-cap firms about an economic slowdown or recession, Bloomberg News said tech titan Apple was pulling back on hiring and some investments.
Uber will offer several million dollars in compensation to tens of thousands of passengers with disabilities who were charged extra fees, US prosecutors said Monday.. Under the settlement, Uber will issue credits to more than 65,000 eligible riders that are worth double the amount of wait time fees they were ever charged, which could potentially amount to millions of dollars.
Despite mounting worries over inflation, just-released bank earnings painted a resilient picture of the US economy and consumer, generating talk that any recession might be milder than earlier downturns.. "US consumers remain quite resilient," Bank of America Chief Executive Brian Moynihan said Monday.
US-European carmaker Stellantis said on Monday it was ending production in China of its Jeep SUV after failing to acquire a majority stake in its joint venture with local firm GAC. GAC-Stellantis is one of two joint ventures in China embarked on by Stellantis, which was formed in January 2021 last year by the merger of Fiat-Chrysler and PSA. "Stellantis intends to cooperate with GAC Group in an orderly termination of the joint venture formed in March 2010, which has been loss-making in recent years," the group said.. The group had announced in January that the acquisition of the hoped-for majority stake in the joint venture with GAC was the first step towards streamlining its activities in the world's biggest vehicle market.
