Business

The package includes nearly $3 billion in loans for an island nation that has impeached its president during a devastating economic crisis.

Eurozone price increases hit another record in August, with Estonia hitting 25 percent and eight other countries posting double-digit annual inflation.

Snapchat’s creator shut down some of its products and appointed a Chief Operating Officer amid financial difficulties.

The rate, a new record, came as nine countries registered double-digit inflation during the year through August.

The European Central Bank, meeting next week, is expected to raise interest rates again to curb inflation in the eurozone, which has just set a… Read More »Eurozone inflation sets the stage for another major rate hike

Gazprom said the Nord Stream 1 pipeline will undergo maintenance for three days, raising concerns about a complete halt to Russian gas supplies to Germany.

Even with the Fed raising interest rates, employers are still eager to hire people.

Chip Wade takes over Danny Meyer’s role in running Union Square Hospitality Group, a move that signals a growing conversation between two sides of the… Read More »From Red Lobster to running some of New York’s Marquee restaurants

Gazprom, the Russian energy giant, said it would shut down the Nord Stream 1 pipeline for three days of maintenance, raising concerns about a complete… Read More »Russia plans to stop the flow of natural gas to Germany again.

With digital subscriptions and digital advertising revenue stalling, the company is on track to lose money this year.