One of Russia’s most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in currency other than dollars.
As the year’s biggest U.S. online shopping day got underway on Monday, discount-seekers used their phones and laptops to snap up electronics, clothing, toys, jewelry, appliances and even personal care products.
Amazon reached an agreement with most of its workers in Spain on Monday, avoiding the full impact of a planned one-hour strike per shift on one of the busiest online shopping days of the year, according to local union group CCOO and the company.
U.S. stock index futures slipped on Monday, ahead of a key inflation reading and commentary from Federal Reserve policymakers later in the week, while retailers were in focus as holiday shopping picked up steam with Cyber Monday deals.
Tesla has filed a lawsuit against the Swedish government’s Transport Agency over a workers’ strike that has blocked the U.S. auto maker’s requests for license plates for new vehicles, business daily Dagens Industri reported on Monday.
Choice Hotels International is preparing to nominate directors to the board of rival Wyndham Hotels & Resorts , seeking to break a stalemate in an $8 billion takeover battle, people familiar with the matter said.
Earlier this fall, Morgan Stanley bought $300 million worth of protection against losses on some of its loans from Blackstone Group and other investors, two sources familiar with the matter said.
Economists who have studied employment during the recovery from the coronavirus pandemic agree that Black, Hispanic, and less-educated workers saw outsized gains relative to whites or college degree holders whose fortunes typically outpace others.
