Business News

The Critical Role of Managers in Shaping Strategy

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Strategic management has long been dominated by theories that overlook the critical role of managers in driving firm success. However, a recent paper titled "Bringing...
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China’s Economic Slowdown Deepens, Calls for Stimulus Grow

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China’s economy is facing increasing pressure as industrial output, retail sales, and investment all slowed in August 2024. The latest data shows a weakening...
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Boeing Workers Strike After Rejecting Union-Backed Contract

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Thousands of Boeing factory workers have gone on strike after rejecting a tentative contract that was backed by their own union leadership. The walkout, involving...
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Mastercard Acquires Recorded Future for $2.65 Billion

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Mastercard acquires Recorded Future for $2.65 billion to enhance cybersecurity. Recorded Future specializes in AI-driven threat intelligence, serving over 1,900 clients globally. The...
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UK National Debt Set to Triple by 2070 Due to Climate and Health Crises

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UK national debt is projected to nearly triple by 2070, reaching up to 310% of GDP, OBR report warns. Rising healthcare costs and...
European Central Bank

ECB Cuts Rates to 3.5% Amid Slowing Inflation and Weak Growth

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The European Central Bank (ECB) has cut interest rates again, continuing its efforts to combat slowing inflation and sluggish economic growth in the Eurozone. On...

US Inflation Moderates to 2.5% in August 2024: Key Trends and Impact

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Inflation slowed to 2.5% in August 2024, the lowest annual rate since February 2021, offering some relief to consumers. Energy prices dropped sharply,...

U.S. to Enforce Airline Compensation for Delays Starting in 2025

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U.S. airlines must soon provide cash compensation for delays of more than three hours. New rules standardize refund policies for cancellations & service...