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Year in a word: Greenlash
The seemingly unrelenting rise of populism has spurred a retreat from environmental targets
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Putin apologises to Azerbaijan for Kazakhstan air crash
Russian president calls disaster a ‘tragic incident’ and launches criminal investigation
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De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’
The diamond giant’s $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times.
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Trump backs immigration visas for skilled workers after MAGA followers turn on Elon Musk over H-1Bs
“I have many H-1B visas on my properties. I’ve been a believer in H-1B. I have used it many times. It’s a great program.”
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Big Lots reaches deal to keep hundreds of US stores open after filing for bankruptcy
Variety Wholesalers Inc. plans to acquire between 200 and 400 Big Lots stores and operate them under the Big Lots brand.
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Banks want in on Tether’s billions in stablecoin profits
Tether is on track to close the year with more than $10 billion in net profits, according to CEO Paolo Ardoino.