BUSINESS

Sri Lanka Rushes To Find Fuel As Shortages Hit Schools, Workers

Sri Lanka's Air Force members distribute tokens to people queueing for fuel due to fuel shortage, amid the country's economic crisis, in Colombo, Sri Lanka June 27, 2022.
A Sri Lankan government minister was in Qatar on Tuesday and another will travel to Russia at the weekend in search of energy deals to alleviate a severe fuel shortage that is crippling the economy of the island nation and forcing many schools to close.
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021.

Credit Suisse Tempers Growth Plans In Turbulent Market

Credit Suisse may "temper" some of its key growth initiatives in wealth management as it focuses efforts on a risk turnaround and bolstering technology, executives said in their first update to investors since a new strategy was set out.
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A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Japan's Nikkei index and various countries' stock market index prices outside a brokerage in Tokyo, Japan, February 22, 2022.

Stocks Swing Higher As China Eases Quarantine Rules

Asian shares swung into positive territory in afternoon trade on Tuesday, propelled by China's decision to ease some quarantine requirements for international arrivals, with Hong Kong stocks particularly supported.
A shopper pays with a ten Euro bank note at a local market in Nice, France, June 7, 2022.

Euro Holds Below $1.06 As Lagarde Sticks To Script

The Aussie and the Canadian dollar climbed on Tuesday on firmer oil prices while the euro held below $1.06 as European Central Bank (ECB) President Christine Lagarde offered no fresh insight on the central bank's policy outlook.
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021.

Bankman-Fried's FTX Says No Talks To Acquire Robinhood

Sam Bankman-Fried's FTX crypto exchange said it is not in talks to acquire Robinhood Markets Inc, after a report https://www.bloomberg.com/news/articles/2022-06-27/sam-bankman-fried-s-ftx-seeking-to-buy-robinhood-hood on Monday claimed the exchange was exploring such a deal.
A sign at the approach road leads to Albemarle's lithium evaporation ponds at its facility in Silver Peak, Nevada, U.S., January 9, 2019.

Albemarle Plans Major U.S. Lithium Processing Plant

Albemarle Corp plans to build a lithium processing plant in the United States that would produce as much of the electric vehicle battery metal as the entire company produces today, a bullish bet on America's all-electric future, an executive said on Monday.
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6 Industry-Shaping Startups to Watch in 2022

The global economy may still be far from recovering its pre-pandemic strength, but startups are out to prove that they are fearless in proving that they can weather inhospitable conditions and emerge as game changers and industry trailblazers.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Wall St Set To Extend Bounce As Inflation Fears Ease

Wall Street's main indexes were set to open higher on Monday and extend gains from the previous week after a slide in commodity prices allayed concerns about an overly aggressive Federal Reserve that is seeking to tame inflation.

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