Global oil prices eased by a significant amount yesterday as a barrel of crude oil dropped below the $107 mark. The development would be welcome news to consumers and businesses who have faced high energy costs in recent weeks. A…
The closure of the Strait of Hormuz could trigger a serious global food price crisis over the next six to twelve months if governments do not take urgent action, the United Nations Food and Agriculture Organization (FAO) warned today. The…
Meta will lay off 10 percent of its workforce, a move that had been expected for nearly a month. In an internal letter to employees, CEO Mark Zuckerberg explained the reasons behind the decision and the direction the company is…
Elon Musk’s SpaceX is planning to go public in the US, allowing ordinary individuals to purchase shares of the company on the stock market for the first time. Expected to be the biggest ever float on Wall Street, the IPO…
