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THE WALL STREET JOURNAL

Apple Looks to Boost Production Outside China

The iPhone maker has told some of its suppliers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons, and is giving India and Vietnam a closer look, people involved in the discussions said.... Read more...

The Market Is Melting Down and People Are Feeling It. 'My Stomach Is Churning All Day.'

Many are watching the investments they meant for down payments, tuition or retirement shrink day after day.... Read more...

Musk's Planned Twitter Takeover Creates a 'Chaos Tax' for Employees

The deal has left employees bewildered about their jobs and how to keep operating a platform that its would-be owner has used to publicly assail the company.... Read more...

Elon Musk Eyes Satellite Deal in Brazilian Amazon

The SpaceX chief pledged to connect thousands of schools to the internet and improve monitoring of the rainforest.... Read more...

IRS Leaders Still Wait for Answers on Leaked Bezos, Musk Tax Data

Treasury Secretary Yellen, IRS Commissioner Rettig and lawmakers say they want findings from investigations, and have so far received none.... Read more...

CNBC

More people are dying on U.S. roads, even as cars get safer. Here's why it's a tough problem to solve

The increase in fatalities stems from a combination of factors including reckless or distracted driving and record levels of vehicle performance and weight.... Read more...

Prices are surging, but fans are still paying top dollar to watch live sports

People are eager to get out and experience live sports, even as inflation rises everywhere.... Read more...

Automakers are jacking up prices on electric vehicles to bake in rising materials costs

Automakers have begun raising EV prices as commodity costs surge. Will mainstream consumers be priced out? ... Read more...

NBA champion Dwyane Wade shares his three best tips for managing money

Three-time NBA champion and entrepreneur Dwyane Wade shares his money-managing lessons learned on and off the court.... Read more...

Asian grocery start-up Weee draws shoppers with tradition, tech and a dash of Hollywood

The company, which specializes in Asian and Hispanic groceries, encourages shoppers to share videos of favorite foods and recipes on its app.... Read more...

FINANCIAL TIMES

Eni plans €2.5bn UK investment as calls for energy windfall tax grow

Italian group’s commitment follows spending plans from BP, Shell and Harbour ... Read more...

Truss warns Sunak against windfall tax on UK energy sector

Chancellor under mounting pressure to help households cope with rising utility bills... Read more...

The UK needs a windfall tax on North Sea oil and gas companies

Rishi Sunak can ease the cost of living by targeting the profits of firms gaining from the war in Ukraine... Read more...

Australia’s Labor faces ‘ugly news’ on economy after sweeping election win

New government must deal with growing cost of living crisis, analysts say ... Read more...

The cold call is back and worse than ever

We all had a break from nuisance calls during the pandemic — so now they seem even more intrusive... Read more...

FORTUNE

Biden says monkeypox spread concerning, advisers examining

The growing monkeypox outbreak is “something everyone should be concerned about,” President Joe Biden said. ... Read more...

One less excuse for avoiding the office: Your dog might not care if you’re gone, vets say

Does your dog miss you when you go to the office? The experts say maybe not.... Read more...

Mental health at work: how accommodations can help employees—and companies—thrive

Experts explain what mental health accommodations are available to employees, and how leaders can help create a supportive environment.... Read more...

It’s looking a lot like the dot-com crash again. Is the economy headed for an early 2000s-style recession?

"People don't want to admit it, but psychology has the biggest impact on stock prices," investment firm manager George Ball tells Fortune. And investors' "psychology has turned negative." ... Read more...

The U.S. is in a sixth COVID wave—but it doesn’t look like it on a new CDC map

The CDC is 'gaslighting' the American public, one doctor says: 'Tell me why I'm wrong about this.'... Read more...

FINANCIAL EXPRESS

Team India Update: J&K pace sensation Umran Malik earns national call-up for T20 series vs South Africa; Pujara, Hardik return for England Test

As reported on July 14 by PTI, regular captain Rohit Sharma, star batter Virat Kohli, pacers Jasprit Bumrah and Mohammed Shami have all been rested for the white-ball series in which Rishabh Pant will be the vice-captain.... Read more...

Serum Institute of India seeks permission for Phase-3 trial of Covovax as booster dose in children aged 2 to 18 years

In an application, SII Director for Government and Regulatory Affairs Prakash Kumar Singh has sought permission to conduct the Phase-3, observer-blinded, randomised, controlled study in children aged two to 18 years in India who have already received primary vaccination against COVID-19 with Covovax at least six months ago.... Read more...

Amazon writes to Future independent directors, accuses them of facilitating fraudulent stratagem

Amazon said FRL had on March 9 stated for the first time that termination notices were issued by entities affiliated to the MDA Group.... Read more...

HCL, UNLEASH join hands to develop solutions for aquatic ecosystem conservation

During the process, they will be guided by industry experts and receive hands-on support to ensure that solutions are relatable to the context and feasible in practice.... Read more...

Excise Cut: Industry, traders urge states to follow suit and bring more relief to consumers

He expressed hope that following the Centre, state governments will also respond in the same manner, bringing further relief.... Read more...

FINANCIAL POST

Indian steelmakers face hit on Europe deals over export tax -JSPL exec

NEW DELHI — Indian steel firms could be forced to cancel European orders and suffer losses after an overnight decision to impose export taxes on steel products, V R Sharma, managing director at Jindal Steel and Power told Reuters. India imposed an export tax of 15% on eight steel products... Read more...

Fuel Poverty Looms For Many as UK Wavers on Windfall Tax Plan

By Bill Lehane (Bloomberg) — A windfall tax on UK energy company profits would come with “costs,” a top Cabinet official said, highlighting divisions among Prime Minister Boris Johnson’s allies over steps that could ease the country’s cost-of-living crisis. Nadhim Zahawi’s comments on Sunday came as the chief executive of... Read more...

China’s Wang Yi Says US’s Indo-Pacific Strategy ‘Doomed to Fail’

Bloomberg News (Bloomberg) — Chinese Foreign Minister Wang Yi said the US’s Indo-Pacific strategy is “doomed to fail,” making his remarks while President Joe Biden is in the region to increase engagement with allies and counter China’s rise and influence. “Facts will prove that the so-called ‘Indo-Pacific strategy’ is essentially... Read more...

India considering spending additional $26 billion to fight inflation -sources

NEW DELHI — The Indian government is considering spending an additional 2 trillion rupees ($26 billion) in the 2022/23 fiscal year to cushion consumers from rising prices and fight multi-year high inflation, two government officials told Reuters. The new measures will be double the 1 trillion rupees hit government revenues... Read more...

Paytm payments bank expects central bank curbs to be lifted in three-five months

MUMBAI — India’s Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, expects the central bank to allow it to resume taking on new customers in the next few months, a top executive told Reuters. In March, the Reserve Bank of India ordered a comprehensive audit of the... Read more...

Moneyweb

Water outages loom over major SA hub

The water shortages have evoked memories of Cape Town’s plight four years ago, when a drought forced the city’s more than 4 million residents to halve their daily consumption.... Read more...

Ukraine latest: Polish president to address parliament in Kyiv

President Joe Biden signed into law a $40bn US aid package for Ukraine.... Read more...

Your employees want you to post on social media

CEOs who think having a Twitter account is optional may want to think again.... Read more...

Cratering markets blowing a bigger hole in consumer psychology

A 2020 study says every dollar lost in stocks leads to a 3-cent reduction in spending.... Read more...

Food shocks will also destabilise the ESG world

Russia and Ukraine are responsible for about 25% of the world’s wheat exports, 65% of sunflower oil, 20% of barley and 18% of corn.... Read more...

strategy+business

A philosopher's guide to messy transformations

What if the freshest insight on how to talk about 21st century transformations isn't found in a snappy TEDx Talk or an MBA program but in the works of a philosopher born almost 2,500 years ago? Pia Lauritzen makes a case for using Aristotle's four domains of knowledge as... Read more...

Positioning your chief sustainability officer for success

Stakeholders, from investors to consumers, are demanding information about sustainability from companies. New research from PwC shows businesses that have empowered chief sustainability officers receive better ESG ratings and deliver greater impact.... Read more...

Time to get serious about the realities of climate risk

Many companies overlook the pressing, often surprising, array of climate risks they face. By understanding them better, leaders can safeguard their business and identify opportunities to compete in a decarbonizing world.... Read more...

A time-tested strategy for leaders facing a "perfect storm"

The great Antarctic explorers such as Ernest Shackleton and Robert Scott had seconds-in-command. Having a second-in-command is a management strategy that can help leaders today navigate the "perfect storm" they face today: one that combines the pandemic, digital disruptions, and political upheaval.... Read more...

Why businesses need to help employees build friendships

The loss of work friendships in remote-work environments has taken a toll on employees' morale and productivity. Aaron Hurst and Andrea Herron report that peer coaching programs can help colleagues connect with each other and their own purpose--and inspire action.... Read more...

BUSINESS DAILY

Inside the Italian food, alcohol expo

Artcaffé Group is running an Italian Month at the food market store this month, to showcase the...... Read more...

Kibera rapper defies critics

This week sees the release of a new EP from a young artist who has emerged to chart his career...... Read more...

Men, these drugs can make you infertile

Should you be using these drugs and have difficulty initiating pregnancy, you should seek...... Read more...

Dowgate Properties sets up electric cars charging station in Naivasha

Real estate firm Dowgate Properties has set up an electric vehicle charging station in...... Read more...

Sidian Bank profit up 3pc in three months

Sidian Bank has posted three percent rise in net profit for the first quarter to Sh117.35 million... Read more...
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