The European Union is considering fresh sanctions on Russia that would impact Moscow's trade worth about $5 billion. A Bloomberg report quoting sources shows the new sanctions would include export bans on welding machines, chemicals, and other technology used for military reasons.

Ukraine War: EU mulling fresh sanctions on Russia

Consumer confidence in the United States fell for a third straight month in October as gloomier economic forecasts and rising prices dampened optimism. Data released on Tuesday showed that The Conference Board's index dropped from 104.

US consumer confidence hits a five-month low

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. UAW reaches agreements with Detroit automakers, ending strikes After a six-week-long campaign of coordinated strikes, the United Auto Workers (UAW) and General Motors (GM) reached a tentative agreement on Monday, marking the end of the unprecedented strike against Detroit's "Big Three" automakers.

WION Business Wrap | The big global business stories summarised

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Australia halts trade negotiations with EU Australia has withdrawn from trade talks with the European Union on a free trade agreement for the second time in three months.

With companies around the world increasingly focusing on sustainability and net-zero, 'green skills' are the passport to remain relevant in the 21st Century job market.

Decoding the trend: 'Green skills' for the 21st Century workforce

India's Bollywood, the Hindi film industry based out of Mumbai, may now exhale in relief as Shah Rukh Khan's charm shines on screen. Despite worries over several big-screen disappointments in the previous year, it is clear that Indians still adore going to the movies.

Indian audiences embrace blockbuster movies on the big screen

The rules of English grammar came to the rescue of Mumbai-headquartered Yes Bank as a London court ruled in its favour while rejecting a $7.5 million lawsuit filed by US financial services firm Cantor Fitzgerald.

Adjective or noun? English grammar saves Yes Bank in London court

The Nobel Prize Committee's decision to award the Nobel Prize in Economic Sciences to Professor Claudia Goldin is a big win for women economists and economic historians.

Claudia Goldin: A 'detective' who won the 2023 Nobel Prize in Economics 

India added two billionaires every three weeks last year and now has 259 billionaires, states the 360 ONE Wealth Hurun India Rich List 2023. , The latest rich list, a collaboration between 360 ONE Wealth and Hurun India, notes that India’s rich are cumulatively worth Rs 108 lakh crore (approximately $1.

Decoding the 360 ONE Wealth Hurun India Rich List 2023 

To combat climate change and reduce fuel consumption, the Biden administration presented a bold proposal to elevate fuel economy standards by 2032, Reuters reported.

The road to sustainability: Auto industry braces for NHTSA's green revolution

Will the US government shut down on October 1 if the Congress fails to pass several federal spending bills? That is the question on everyone's mind. If the Congress fails to pass 12 key appropriation bills by September 30, the last day of the US government fiscal year, the federal administration would come to a standstill and employees would not be paid for an unspecified period of time.

Flashback Friday: How an obscure law triggered the first US shutdown in 1980

At a time when enacting a global framework for regulating crypto assets is the talk of the town, a new report by a global crypto research firm shows that developing countries are leading the race to adopt crypto assets.

Developing countries lead in crypto adoption, India ranks first: Report 

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