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08 Feb, 2023
Latest News:
New York Times to acquire sports site The Athletic for $550 mln
For some reason Megalovania played during an audience with the Pope
Monday Night Football: T.J. Watt’s four sacks carry Steelers to 26-14 win over Browns

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Category: Business

New York Times to acquire sports site The Athletic for $550 mln

January 18, 2022January 12, 2022 cranktipcom

The New York Times Co (NYT.N) said on Thursday it has agreed to buy subscription-based sports site The Athletic for $550 million in cash, as the 170-year-old newspaper adds more digital content to grab subscribers. Founded in 2016, The Athletic Read more

Business

Shimao Group shares slump, trading of flagship unit’s bonds paused

January 17, 2022January 12, 2022 cranktipcom

Shares of Shimao Group Holdings (0813.HK) trading in Hong Kong fell on Friday as well as the price of bonds issued by its flagship unit, prompting the Shanghai Stock Exchange to suspend trading of three of the bonds. Shimao Group Read more

Business

U.S. flights still face risks from new 5G service -FAA

January 16, 2022January 12, 2022 cranktipcom

The U.S. Federal Aviation Administration (FAA) on Thursday issued fresh warnings that new 5G wireless service could still disrupt flights, saying there were “big differences” between U.S. aviation protections and those used in France. Late Thursday, the FAA launched a Read more

Business

Japan’s household spending extends declines, raises recovery doubts

January 15, 2022January 12, 2022 cranktipcom

Japan’s household spending posted an annual drop for the fourth straight month in November, a weaker-than-expected reading that threw into doubt hopes that a consumer demand recovery will give a major boost to the economy in the final quarter of Read more

Business

Another year of dollar dominance ahead as the Fed lifts rates

January 14, 2022January 12, 2022 cranktipcom

Most currencies will struggle to make any gains against the U.S. dollar in coming months, as monetary tightening expected from the Federal Reserve will provide the greenback with enough impetus to extend its dominance well into 2022, analysts said. Nearly Read more

Business

Qatar Airways seeks more than $600 mln in Airbus A350 dispute

January 13, 2022January 12, 2022 cranktipcom

Qatar Airways is seeking more than $600 million in compensation from Airbus (AIR.PA) over surface flaws on A350 jetliners, according to a court document shedding new light on an escalating business feud worth $4 million a day. The Gulf carrier Read more

Business

Exxon rejects union’s modified proposal in Texas refinery lockout

January 12, 2022January 12, 2022 cranktipcom

Exxon Mobil Corp (XOM.N) on Thursday rejected a proposal by the United Steelworkers union (USW) to end an eight-month lockout of about 600 workers at the company’s Beaumont, Texas, refinery, the company said. The union’s proposed modifications to contract language Read more

Business

Recent Posts

  • New York Times to acquire sports site The Athletic for $550 mln
  • For some reason Megalovania played during an audience with the Pope
  • Monday Night Football: T.J. Watt’s four sacks carry Steelers to 26-14 win over Browns
  • Q and A: Making New Year’s resolutions that stick
  • Heart-shaped Walkers crisp in original salted flavour listed for £250 on eBay

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