The latest Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into UK and global markets.

Cars Of The Future

Passenger vehicles, motorcycles, bikes and commercial vehicles made their presence felt at the Munich Auto Show.                                                                       Photographs curated by Manisha Kotian/Rediff.comFeature Presentation: Ashish Narsale/Rediff.com Source: […]

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10 Most Recent Medical Safety Recalls: September 6, 2023

The U.S. Food and Drug Administration (FDA) issues safety alerts as needed to provide timely new safety information on human drugs, medical devices, vaccines, and other products, including biologics, dietary supplements, and cosmetics. The alerts are publicly available at the agency’s MedWatch website and contain “actionable information that may impact both treatment and diagnostic choices for healthcare professional and patient.” […]

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European Shares Seen Slightly Higher On Improved China Data

European stocks are likely to open higher on Thursday as investors react to better-than-expected Chinese PMI data and the latest batch of stimulus measures from Beijing to resurrect an economic revival. China’s manufacturing activity fell for a fifth consecutive month in August, but the PMI rose to 49.7 – beating forecasts and showing improvement from the July reading. At the […]

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Wall Street Might Open Slightly Down

A slew of economic announcements, especially second quarter GDP, Employment Report as well as Corporate Profits, might be the focus on Wednesday morning trade. Asian shares finished mostly up, while European shares are trading lower Early signs from the U.S. Futures Index suggest that Wall Street might open lower on Wednesday. As of 7.34 am ET, the Dow futures were […]

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These 33 US Senators Are Becoming More Popular

Of all major government institutions, the U.S. Congress is the least trusted by the American people. A recent poll conducted by public opinion research company Morning Consult found that only 39% of adults in the U.S. have at least some trust in Congress, a smaller share than all five other public sector institutions covered in the survey, including the Supreme […]

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US Job Cuts Rise Over 200%

According to Challenger, Gray & Christmas, layoffs at U.S. companies soared 217% in August to 75,151, compared to July. The increase was 267% from August of 2022. Year to date, the increase is 210% to 557,057. (These industries are laying off the most workers.) “Job openings are falling, and American workers are more reluctant to leave their positions right now. […]

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Asian Shares Mostly Higher On Fed Hopes

Asian stocks hit two-week highs on Wednesday, while the dollar wobbled as weak U.S. labor market data bolstered bets that the Fed’s rate hike cycle could be nearing the end. Overnight data showed U.S. job openings dropped to the lowest in nearly two-and-a-half years in July, signaling easing labor market pressures and allowing the Fed room to forgo more rate […]

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‘One Piece’ Cleared “A Very High Bar,” Netflix Co-Chief Greg Peters Says, Making A Statement For The Streaming Giant’s “Evolving” Content Approach

Netflix Co-CEO Greg Peters, who oversaw the launch of Netflix in Japan in a previous exec role, said the strong debut of the series One Piece cleared “a very high bar” and attests to the company’s “evolving” content approach. “This is a very high bar to meet, to basically take a storied manga and deliver it in English-language, live action,” […]

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