Economy- Page 123

PayPal Rejects Stripe’s $53B Bid, Pushes for Higher Price in Acquisition Talks

PayPal's board rejected Stripe and Advent International's opening bid of $60.50 per share, roughly $53 billion, and is pushing for a higher price as both sides continue negotiating. A deal announcement could

August 15, 2026

by Economy Desk

Iran crisis Strait of Hormuz US negotiations ceasefire

US Retail Sales Fall Most in Over a Year; Iran Ceasefire Expires Sunday

American consumers pulled back on spending in July for the first time in nine months, retail sales falling 0.6 percent in the sharpest monthly decline since May 2025. The drop came despite Iran ceasefire energy relief, which expires Sunday with

August 14, 2026

by Amanda Graham

Iran conflict and Strait of Hormuz oil standoff as Bessent threatens unprecedented sanctions

Bessent Warns Iran of Economic Measures ‘Never Seen in History’ as Hormuz Standoff Tightens

Treasury Secretary Bessent threatened Iran with economic measures 'never seen in the history of economic isolation'

US and China flags over shipping containers at a port

White House Names 40 Nations in China Tariff Evasion Crackdown

The Trump White House named more than 40 nations in what it calls the 'Great Transshipment

In Shanghai, Macron calls for “European play” against China

In full commercial rivalry between Washington and Beijing, Emmanuel Macron began his second visit to China on Monday, calling on Europeans to speak and act together to better weigh up against the

February 20, 2020

Economy·Government and Politics·News

A plane conducting aerial pesticide spraying over desert locust swarms in Samburu County Kenya in January 2020

Locusts attack South Sudan after Somalia, Kenya and Ethiopia

A devastating locust invasion has reached South Sudan after sweeping through Somalia, Kenya, Ethiopia, and neighboring East African nations. The UN's FAO has called it the worst locust crisis in a quarter

February 19, 2020

Business·Climate·Economy·News

Recession threatens the Japan’s economy

Japan's GDP fell 1.6% in the fourth quarter of 2019, its steepest quarterly decline since 2014, after an increase in the consumption tax from 8% to 10% suppressed household spending. The contraction

February 17, 2020

Economy·Government and Politics·News

Pakistan at the brink of Financial agony

Pakistan's economy posted a nine-year low of 3.3% GDP growth in fiscal 2018-19 as its rupee fell over 20% against the dollar and inflation surged. With FATF blacklisting looming over its terrorist

September 25, 2019

Economy·Government and Politics·News·Opinion

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