Business News

What is Windfall Tax? Big Oil Comes Under Pressure After Exxon Mobil Smashes Profit Records

US President Joe Biden said late last year the administration would slap a windfall profits tax on oil and gas companies that make huge profits owing to high oil prices.

Feb 1, 2023

By Jacob J

Millionaire Business Coach Adam Stott Ushers A Unique Business Growth Model That Pushes Growth and Success Among Businesses

Adam Stott said Some businesses that experience these struggles often have this belief that business is hard and that maybe they can't do it.

Jan 31, 2023

By Adrian John Ignacio

New IMF Report Shows Global Economy Will Perform Better in 2023; US, Europe to Stay Strong

In its 2023 GDP forecasts, the IMF said it now expected U.S. GDP growth of 1.4%, up from 1.0% predicted in October and following 2.0% growth in 2022.

Jan 31, 2023

By Reuters

Dashdot's Unique Model of Acquiring Property Investments Disrupts The Industry

Goose McGrath says Our purpose is to improve the lives of others by helping the world to make intelligent property decisions. We envision a world where everyone can access and build wealth, so they can live a better life

Jan 30, 2023

By Pau Castillo

Hindenburg Research Report is Deliberate Manipulation, Betrays Conflict of Interest, Says Adani Group

This is rife with conflict of interest and intended only to create a false market in securities to enable Hindenburg, an admitted short seller, to book massive financial gain, says Adani Group.

Jan 30, 2023

By IANS

Why Current Spate of Layoffs in Tech Sector Are Not a True Reflection of the Job Market - Analysis

Some job cuts are attributed to stock market compulsions as US businesses are driven by pressures to show financial results in the short term.

Jan 29, 2023

By IANS

Amid Market Rout for Adani, Major Indian Banks Say Exposure to Group is Within Central Bank Limits

One of the charges made by the research group is that some listed Adani companies had substantial debt that puts the group on a precarious financial footing.

Jan 27, 2023

By Jacob J

Tech Layoffs: Not the End of the World

Prashanth Chandrasekar said When companies downsize, other talented people who are employed there may consider looking elsewhere, as they may not see their company as being stable

Jan 27, 2023

By IBT Desk

US Economy Powers to 2.9% Growth in Fourth Quarter, Records Stronger Than Expected Expansion

The surprisingly strong performance of the US economy happened despite the US central bank aggressively raising interest rates during 2022 in an effort to beat high inflation.

Jan 27, 2023

By Jacob J

Adani Group Slams 'Malicious' Hindenburg Report After Shorting Erases $11 Billion in Investor Wealth

The Adani Group dismissed the allegations and underscored that Hindenburg Research did not make an effort to reach out to the conglomerate over its concerns.

Jan 26, 2023

By Jacob J

How Ari Rastegar Built His Real Estate Empire

Rastegar may have built his empire out of bricks fashioned from hard-won experience, but his attitude today is focused on competitiveness

Jan 25, 2023

By IBT Desk

Stoneweg and Icona Ally to Create a Shared €8 Billion Platform

Despite this trail-blazing formal entente in the global investment stage, a shared Icona-Stoneweg project is not entirely unprecedented.

Jan 25, 2023

By IBT Desk

Binance Moved $346 Million for Seized Cryptocurrency Exchange Bitzlato, Data Show - Report

Binance, the world's largest crypto exchange, was among Bitzlato's top three counterparties by the amount of bitcoin received between May 2018 and September 2022.

Jan 25, 2023

By Reuters

Jonas Muthoni's Guide to Become a Successful Business Leader

Jonas Muthoni said I want to create a culture where my people don't see me as their boss, but more as their team member. By doing this, I have one of the most diverse teams in the world.

Jan 24, 2023

By IBT Desk

Will 'Bankrupt' US Mint $1 Trillion Platinum Coin to Go Around Debt Ceiling and Avoid Default?

As per the Treasury the US government has run out of money to pay its bills and the Congress must pass a resolution that lifts the debt ceiling.

Jan 24, 2023

By Jacob J

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