Category: Business

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Russia Lowers Interest Rates Again, Bucking Global Trend

Russia’s central bank cut its interest rate to 8 percent on Friday, lower than before the invasion of Ukraine, citing “subdued” consumer demand.  » mehr lesen

The Economy Putin Didn’t Actually Ruin

Ukrainian technology companies have earned billions. But with most executives unable to meet foreign clients, the good times may not last.  » mehr lesen

Germany Takes a Stake in Struggling Gas Provider Uniper

The German government agreed to acquire a 30 percent stake in the company, one of the country’s largest suppliers of natural gas, and expanded a crucial credit line.  » mehr lesen

Twitter’s Earnings Falter as It Fights with Elon Musk

The social media company swung to a loss in the second quarter and cited “uncertainty” over its pending takeover by the billionaire Tesla chief executive as a factor.  » mehr lesen

The Markets and Economy Are Reaching a Fork in the Road

Amid rising inflation and the threat of recession, corporate earnings are coming under pressure.  » mehr lesen

How to Lower Your Summer Electric Bill

Start with a seasonal tuneup of your air-conditioning system, experts say. Close shades or blinds during the day. And raise your thermostat — even by just one degree.  » mehr lesen

Amazon Acquires One Medical in Push Into Health Care

The internet giant acquired One Medical, a national chain of primary care clinics, for $3.9 billion.  » mehr lesen

The ECB Has a New Tool to Keep Bond Markets in Check: the TPI

Rapidly rising borrowing costs for Italy in recent months intensified focus on so-called market fragmentation.  » mehr lesen

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