Libya’s eastern parliament has agreed to appoint Naji Mohamed Issa Belqasem as the new central bank governor after the former governor, Sadiq al-Kabir, was fired last month by the presidential council in the capital, Tripoli CAIRO — Libya’s eastern parliament on Monday agreed to appoint Naji Mohamed Issa Belqasem as the new central bank governor … Read more
PETALUMA, Calif. — In a stretch of Northern California known for scenic shorelines and celebrated vineyards, hundreds of brown-bodied hens waddle around a large barn at Weber Family Farms. “You provide them a stress-free environment with water, with food, with fresh air at all times, make them free of illness — and they’re going to … Read more
Kay Masterson has always wanted to make her Boston-area restaurant more sustainable, partnering with an organic farm to get some vegetables close by and offering reusable containers for customers’ takeout. When Massachusetts was weighing whether to block restaurants from dumping food waste into landfills, her restaurant started composting without waiting on a law. Right away, … Read more
NEW YORK — The COVID-19 pandemic and the resetting of the economy that followed it made hourly workers more aware of their value. Some experts think employers should expect to field demands for flexible hours and other workplace incentives even as the labor market weakens. WorkJam, an online platform that was founded in 2014, has … Read more
Laurene Powell Jobs speaks onstage during TechCrunch Disrupt SF 2017. (Photo by Steve Jennings/Getty Images for TechCrunch) Steve Jennings A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. News that Laurene Powell … Read more
Getty Images Luxury carmaker Aston Martin’s share price sank more than 20% after it said profits will be lower than expected this year. The company, famed for its links to fictional superspy James Bond, has been hit by supply chain issues and falling sales in China. The share price of Stellantis, the owner of brands … Read more
Business & FinanceEconomy 06 September 2024, 11:06 am 1 minute Reuters exclusively reported that one of the frontrunners to become Japan’s next premier said that any U.S. move to block Japan’s Nippon Steel from buying U.S. Steel on national security grounds would be “very unsettling.” Shigeru Ishiba, a former defence minister, told Reuters in an … Read more
The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Ford Motor is aiming to boost sales of its electric vehicles by addressing potential customer concerns through a new program that includes free home-charging installation and other benefits. The “Ford Power Promise” program … Read more
Luxury handbag maker Mulberry has received a takeover approach from Mike Ashley’s Frasers Group. The offer values Mulberry, which has seen sales fall sharply following a downturn in the luxury sector, at £83m. Frasers Group, which owns several chains including Sports Direct, Flannels and Evans Cycles, already holds a 37% stake in the firm. Its … Read more
Hampshire is set to become the first English county cricket club to be owned by an overseas franchise after entering into a “phased acquisition” with the part-owner of Indian Premier League team Delhi Capitals. The deal was described by Hampshire, a county in the south of England, as “the start of a significant strategic partnership” … Read more