Business

Uber is posting an operating profit for the first time in more than a decade. On a net basis, however, the company is still loss-making because its investment in a Chinese competitor is declining in value. Uber has been the…

Major US oil and gas companies Chevron and ExxonMobil made billions in profits in the third quarter thanks to high energy prices. A year ago, those companies were still losing because of the corona pandemic. ExxonMobil posted a…

The Dutch company Booking.com was sentenced on Monday to a fine of 1,234 million euros by the Paris court for not respecting some provisions of the tourist regulations of Paris. Booking also allegedly failed to provide the city…

The Chinese housing market also suffered greatly in September from the country's real estate sector crisis. Real estate group Evergrande's payment problems have spread to other developers, raising concerns among buyers in the country.…

The global oil demand increases more strongly because more oil is being consumed due to the lack of natural gas and coal. According to the International Energy Agency (IEA) in a new report, that is also driving up oil prices. …

The United States has taken over from China as the largest "producer" of bitcoins. Previously, powerful computer systems in the Asian country accounted for most of the bitcoins arriving worldwide. But the Chinese government is…

Many households in the UK struggle to purchase essential goods such as food and fuel due to the country's severe lack of lorry drivers and other supply disruptions. As a result, many shops and gas stations cannot be sufficiently…

Food items may become even more expensive in the near future, for example, in the supermarket. A primary United Nations food cost index has risen to its highest level in a decade. The indicator rose 1.2 percent in September and has…

The Tokyo stock market plunged sharply on Tuesday. In addition, a sharp rise in oil prices further fueled inflation concerns. However, investors seem less and less convinced that the rise in the general price level is only a temporary…

Stock markets in Asia and Australia mostly fell sharply on Friday. Following on from the US markets, concerns about higher interest rates and the approaching debt ceiling for the United States weighed on key indicators. Tokyo's…