Brazil starts blocking irregular online gambling as concern rises over addiction

Brazil starts blocking irregular online gambling as concern rises over addiction

Brazil on Friday started blocking over 2,000 gambling websites designated as irregular, part of a push by the government to regulate the sector, after concern rose about gambling addicts, especially vulnerable people SAO PAULO — Brazil on Friday started blocking over 2,000 gambling websites designated as irregular, part of a push by the government to … Read more

Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles

Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles

ROME — Italian lawmakers on Friday questioned the head of Stellantis, the world’s fourth largest automaker, over the group’s strategy, one day after it announced a management shakeup in an effort to revive sales. Stellantis, which makes Jeep and Chrysler vehicles, is struggling globally, with the Italian government demanding clarity about its production plans for … Read more

United Airlines adding 8 new international destinations to itinerary for next summer

United Airlines adding 8 new international destinations to itinerary for next summer

United Airlines is adding eight new international destinations to its itinerary for next summer. The airline, which said that this is its biggest international expansion ever with more than 760 weekly flights, will also be adding some new routes. Beginning in May, travelers departing from Newark, New Jersey will be able to visit locations including … Read more

McDonald’s CEO predicts 2025 will be a ‘challenging year’

McDonald’s CEO predicts 2025 will be a ‘challenging year’

McDonald’s anticipates that 2025 will be “another challenging year” for the fast food chain which has seen inflation-hit customers pare back discretionary spending. Chris Kempczinski, the company’s chief executive officer, told a business gathering in Boston on Thursday that the Big Mac maker is girding for more turbulence ahead. “We’re starting to talk about 2025, … Read more

Billionaire ex-Harrods boss Mohamed Al Fayed linked to 40 new sex abuse allegations

Billionaire ex-Harrods boss Mohamed Al Fayed linked to 40 new sex abuse allegations

British police said on Friday they had recorded 40 new allegations linked to former Harrods department store owner Mohamed Al Fayed following a BBC documentary in which victims accused the late businessman of sexual abuse and rape. Egyptian billionaire Al Fayed died last year at 94 after decades making newspaper headlines as one of Britain’s best known … Read more

US consumer sentiment slips in October on frustration over high prices

US consumer sentiment slips in October on frustration over high prices

Americans’ outlook on the economy soured a bit after two months of small gains, according to the University of Michigan’s consumer sentiment index, released Friday WASHINGTON — Americans’ outlook on the economy soured a bit this month after two months of small gains, according to the University of Michigan’s consumer sentiment index, released Friday. The … Read more

Stellantis, seeking to revive sales, makes some leadership changes

Stellantis, seeking to revive sales, makes some leadership changes

Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement and the departure of its chief financial officer as it struggles to revive sales in North A… Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the … Read more

Wholesale inflation remained cool last month in latest sign that price pressures are slowing

Wholesale inflation remained cool last month in latest sign that price pressures are slowing

WASHINGTON — Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19. The Labor Department reported Friday that its producer price index — which tracks inflation before it hits consumers — didn’t … Read more