Victoria’s Secret Pays to Sacked Thai Workers $8.3M in Settlement
Lingerie brand, Victoria's Secret, paid a landmark $8.3 million to more than 1,000 sacked Thai garment workers. The payment was in relation...
Amazon Warehouse Workers Form Trade Union in Staten Island, New York
Amazon warehouse workers in Staten Island launched the first Amazon, Inc. trade union in Staten Island in the United States. They have...
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Biden Administration Considering Lifting Tariffs on China
US President Joe Biden is planning to remove high tariffs on products that former president Donald Trump placed on China. This is...
The Great Resignation: Why is Gen Z Leaving the Workforce
Generation Z is known as the generation of the Great Resignation. We have entered the third year of the worldwide pandemic; we’re...
Etsy Invests $25 Million for New Purchase Protection Program
Etsy, the online marketplace, announced that it will launch a new Purchase Protection program for shoppers and sellers on its platform. Buyers...
Recap of Global Economics Intelligence For May 2022
It is now possible to find out growth of about world economy, critical worldwide risks and trends, the impact of climate change...
Germany And Africa are Casting Their Eyes On Energy Ties
Germany wants to discard the Russian oil, gas for good and find new source of energy and Africa is abundant in fossil...
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Federal Reserve Improves Economic Outlook; Joins International Climate Group
The Federal Reserve announced this past week that it plans to continue its monetary policy until the economic recovery is complete. The...
Boy Scouts in Settlement With Sex-Abuse Victims, Exits Bankruptcy
The Boy Scouts of America (BSA) agreed to settle with more than 70,000 victims of sexual abuse for $850 million. The BSA...
Tyra Biosciences’ IPO Soars on Debut
Precision oncology company Tyra Biosciences makes successful market debut.
Seadrill Limited Slowly Emerges from Bankruptcy
Deepwater drilling contractor Seadrill Limited has made progress in its restructuring plans despite disruptions by the pandemic. But they are still addressing...
The Russian Invasion Has Damaged Ukraine’s Economy
Ukraine woke up to the sound of explosions caused by Russian forces on February 24, indicating Russia has launched its war...
