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Cuba opens door to more private business, but red tape looms

Agencies Opening a small business is a bureaucratic headache in many parts of the world. In Cuba, it’s an adventure in largely unknown territory. Most sorts of private businesses have been banned for more than 50 years, even if ..

Soaring energy costs in 
Europe spark winter fears

Agencies Wholesale prices for gas and electricity are surging across Europe, raising the prospect of increases in already-high utility bills and further pain for people who have taken a financial hit from the coronavirus ..

SpaceX launches four amateurs on private Earth-circling trip

Agencies SpaceX’s first private flight blasted off Wednesday night with two contest winners, a health care worker and their rich sponsor, the most ambitious leap yet in space tourism. It was the first time a rocket streaked toward ..

Agencies The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that the spread of the delta variant may have slightly increased layoffs. Applications for jobless aid rose ..

As soaring utility bills raises alarm, governments scrambling to find ways to limit costs to consumers

Agencies Robinhood Markets Inc jumped 82 per cent on Wednesday after a wave of individual investors joined the likes of Cathie Wood to pile on the zero-fee trading platform. The stock traded as high as $85 (€72) earlier in New York ..

Agencies The World Economic Forum’s annual meeting in Davos will return as an in-person event from January 17-21, 2022, under the theme of “working together, restoring trust”. “The pandemic has brought far-reaching changes,” ..

Agencies Growth in China’s retail sales sank in August to a 12-month low, data showed Wednesday, as parts of the country were hit by lockdowns and other containment measures to fight the worst Covid outbreak since its initial spread ..