
Rates rise to 1.35% – and there's no stopping now the RBA's on a mission to whip inflation
Jul 07, 2022 16:12 pm UTC| Economy Central Banks
There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much. Would it be a regular increase of 25 basis points? Or a double-whammy of...
Inflation, recession fears and tax cuts: any new UK chancellor faces an unenviable in-tray
Jul 07, 2022 15:59 pm UTC| Insights & Views Economy
The flood of ministerial resignations from UK prime minister Boris Johnsons government in recent days started with Rishi Sunaks resignation as UK chancellor of the exchequer on July 5 2022, alongside health secretary Sajid...

Ben & Jerry's sues Unilever to stop the sale of its biz in Israel
Jul 07, 2022 09:53 am UTC| Business Economy
Ben Jerrys, the popular ice cream brand, has brought its parent company, Unilever, to court in an attempt to stop the sale of its business in Israel. The British consumer goods company headquartered in London previously...

Juul’s e-cigarette sales ban temporarily suspended by the FDA
Jul 07, 2022 09:02 am UTC| Business Economy
Juul, the American electronic cigarette company, was previously banned from selling its products by the U.S. Food and Drug Administration (USFDA) due to public health-related issues. However, more than two weeks after the...

Netflix, ‘Stranger Things’ Duffer brothers to form a new production company
Jul 07, 2022 08:19 am UTC| Business Economy
Netflix is making new moves to boost its offerings to its subscribers around the world. It was revealed that it will be producing more content based on one of its most popular productions, Stranger Things. As part of...

Asiana Airlines launches its own Asiana Hoppy Lager craft beer
Jul 07, 2022 07:52 am UTC| Business Economy
Asiana Airlines debuted its own craft beer that it has named the Asiana Hoppy Lager. The airline offers the alcoholic beverage to its passengers, and people can also buy them at the CU convenience stores in South...

Subway announces major makeover for its restaurants' menu
Jul 07, 2022 06:43 am UTC| Business Economy
Subway is upgrading its restaurant by introducing a new menu lineup. The move is part of the sandwich companys makeover, which is its most extensive one to date. As per CNN Business, this revamp is so far the largest in...