The world has come back to narmalcy and if you are crazy to watch Singapore's Formula 1 race this time, it can cost you as high as 40 to 50 thousand dollars enjoying just a week of fun.

Singapore Grand Prix: Night race on F1's calender

The S&P 500 fell Tuesday, after struggling to hold onto gains as investors remained wary of making big bets on stocks.

WION Business News | S&P 500 falls as tech struggles to hold gains

Tesla has recalled over a million of vehicles in the US due to an issue with the window automatic reversal system. The National Highway Traffic Safety Administration said that the vehicles failed to comply with the requirements of the federal motor safety system on power windows.

WION Business News: Tesla to orders to recall over million US cars; to fix issues with software

Japanese car manufacturer Honda asked hundreds of employees to pay back part of the bonuses after claiming it overpaid them. The employees at the Honda motor Factory in Ohio will have to return part of their bonuses by tomorrow, 22nd September.

World Business Watch | Honda to employees: Return extra bonus

Global banking giant Goldman Sachs is embarking on its biggest job cuts since the start of the pandemic. Without any layoffs, the number of employees in the company has grown to 47,000 globally, which is 15% increase from last year.

WION Business News: Goldman Sachs plans to lay off hundreds of employees

Google CEO Sundar Pichai reviewed a plan to consider India as a manufacturing base, earlier this year but a decision has not been made yet. The plan is a result of disruptions in China from Covid lockdown and Beijing's rising tensions with the US.

WION Business News: Google may consider India to be manufacturing base for producing high-end phones

As data security is at the center of every debate, truecaller is planning to improve its data security mechanism. The company globally employs 350 people and India accounts for majority of that workforce.

WION Business News: Truecaller focuses on growth & expansion; to improve data protection regulations

Do you like your boss? Does he understands your needs? Is he emotionally intelligent? It's high-time we start asking these questions to ourselves. Young people leaving the workforce has become a norm now. How has this feeling been sparked in people after Covid? Watch the video to know more about it.

WION Business News: Do you like your boss? Is he emotionally intelligent?

Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels per day to bolster prices.

Oil up nearly 3% as OPEC+ agrees to small oil output cut

Snap Inc said on Wednesday it will lay off 20% of all staff and shut down projects, including mobile games and novelties like a flying drone camera, as high inflation and a deteriorating economy ravage the advertising industry.

Snapchat to cut 20% of staff citing high inflation, deteriorating economy

Tesla has been criticized on various occasions for the lack of safeguards in its autopilot system. The effectiveness of Tesla's self-driving feature has been questioned for failing to detect child sized objects.

Report: Tesla's self-driving tech fails to detect kids on road

At a time when there are recession fairs across the world, in India there is no dearth of buyers for luxury cars. Lamborghini yesterday launched its Huracan Tecnical car while Mercedes-Benz has launched a new electric car.

Lamborghini Huracan Tecnica launched in India, priced at Rs. 4.04 crore

Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drug maker said on Thursday, more than two years after it ended US sales of a product that drew thousands of consumer safety lawsuits.

Johnson & Johnson to end global sales of talc-based baby powder

JetBlue Airways announced that it has sealed the deal to buy Spirit Airlines for $3.8 billion. This acquisition would make it the fifth-biggest carrier in the United States. &nbsp;

In a statement, JetBlue said it would pay $33.50 per share in cash for Spirit. This would include a prepayment of $2.50 per share in cash payable after Spirit stockholders approve the transaction and a ticking fee of 10 cents per share per month starting in January until the deal is closed.

CEO of Jetblue Airline Robin Hayes said that Spirit and JetBlue would continue to advance the shared goal of bringing down fares from the big four airlines of the American sky.

The four airlines that dominate the sky are United Airlines, American Airlines, Southwest Airlines and Delta Air Lines. &nbsp;

The agreement comes after Spirit Airlines ended the merger agreement with Frontier Airlines announced in February this year. It marks the end of a months-long competition between Jetblue and Frontier Airlines for Spirit. &nbsp;

JetBlue has increased its offer to buy Spirit over recent months, creating a bidding war against Frontier. JetBlue had earlier offered to buy Spirit in spring for $3.6 billion. However, Spirit rejected the bid and agreed to a $2.9 billion merger with Frontier in February.&nbsp;

Spirit's board declined Jetblue, reasoning that JetBlue's offer involved "an unacceptable level of closing risk."&nbsp;

JetBlue then allegedly tried to carry out a hostile takeover attempt for Spirit. Plans to launch a tender offer for Spirit shareholders' shares were designed to pressure the airline's management to re-engage in merger negotiations. &nbsp;

However, things will not end here as Jetblue still needs the approval of antitrust regulators. In addition, the Justice Department has been concerned that airline competition is declining due to mergers. &nbsp;

As a result, the Justice Department is suing Jetblue and American Airlines. The trial is scheduled to begin this fall.&nbsp;

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JetBlue Airways announced that it has sealed the deal to buy Spirit Airlines for $3.8 billion. This acquisition would make it the fifth-biggest carrier in the United States.

JetBlue Airways announced that it has sealed the deal to buy Spirit Airlines for $3.8 billion. This acquisition would make it the fifth-biggest carrier in the United States. In a statement, JetBlue said it would pay $33.50 per share in cash for Spirit. This would include a prepayment of $2.50 per share in cash payable after Spirit stockholders approve the transaction and a ticking fee of 10 cents per share per month starting in January until the deal is closed. CEO of Jetblue Airline Robin Hayes said that Spirit and JetBlue would continue to advance the shared goal of bringing down fares from the big four airlines of the American sky. The four airlines that dominate the sky are United Airlines, American Airlines, Southwest Airlines and Delta Air Lines. The agreement comes after Spirit Airlines ended the merger agreement with Frontier Airlines announced in February this year. It marks the end of a months-long competition between Jetblue and Frontier Airlines for Spirit. JetBlue has increased its offer to buy Spirit over recent months, creating a bidding war against Frontier. JetBlue had earlier offered to buy Spirit in spring for $3.6 billion. However, Spirit rejected the bid and agreed to a $2.9 billion merger with Frontier in February. Spirit's board declined Jetblue, reasoning that JetBlue's offer involved "an unacceptable level of closing risk." JetBlue then allegedly tried to carry out a hostile takeover attempt for Spirit. Plans to launch a tender offer for Spirit shareholders' shares were designed to pressure the airline's management to re-engage in merger negotiations. However, things will not end here as Jetblue still needs the approval of antitrust regulators. In addition, the Justice Department has been concerned that airline competition is declining due to mergers. As a result, the Justice Department is suing Jetblue and American Airlines. The trial is scheduled to begin this fall. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

US airline JetBlue agrees to buy Spirit Airlines for $3.8 billion

India's Infosys Ltd reported June-quarter profit that missed estimates, hurt by higher employee expenses, but the IT services company raised its annual revenue outlook, citing a strong demand outlook.

Infosys misses profit estimates in Quarter 1

Oil prices edged down on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in US crude inventories as product demand weakens.

Oil falls on inflation concerns, anticipated stock builds

Oil prices ran out of steam after gaining more than $5 a barrel in the previous session with concerns that surging crude will feed into a demand-killing recession.

After gaining more than $5 a barrel, oil prices ease

The rupee on Tuesday dropped to the mark of 80 against the US dollar, taking its year-to-date fall to about 7 per cent. Our Business Editor Sumit Chaturvedi brings you more on this.

Rupee hits 80 mark vs Dollar for first time ever

China's economy has contracted sharply in second quarter while annual growth here also slowed significantly. The data has come just a while ago and lockdowns has jolted industrial production and consumer spending.

Global economic risks darken China's economy outlook

Join Sumit Chaturvedi and Hem Saroya discuss inflationary pressures on India and the world on 'The Full Context'.

The Full Context: Rupee hits record low against Dollar

The euro slid to a 20-year low and came closer to parity against the dollar on Monday on concerns that an energy crisis will tip the region into a recession.

Euro slid to a 20-year low, approaches parity with dollar

United States has said that 14 companies they had been awarded contracts for the latest sale of oil from its petroleum reserve, this is part of the administration's efforts to ease disruption caused by war in Ukraine.

14 firms to get oil from US strategic reserve in latest sale

A company that tracks counterfeit and fraud in the chip industry said on Tuesday that severe chip shortage has resulted in record wire fraud cases last year.

Chip shortages result in record wire fraud, cases reported by desperate buyers

India will introduce a safety rating system for cars. The government said that it will assign a rating of one to five stars for cars, based on tests assessing adult and child occupant protection as well as safety assist technologies.

India plans safety rating system for cars

As the inflation woes in Europe grow, Lufthansa airlines has canceled 3000 flights due to a shortage of staff. The company is planning to cancel thousands of flights this summer as workers continue to strike.

Commuters across Europe face travel disruptions as union workers demand pay hike

Sri Lanka is struggling to secure fresh fuel supplies, as the crisis-hit country of 22 million people is down to just 15,000 tons of petrol and diesel to keep essential services running in the coming days.

Sri Lanka struggles to get fresh oil supplies, left with only 2-day of oil stocks

The world's biggest gambling hub and hot tourist destination for China, Macau has launched the third round of mandatory Covid-19 testing for its more than 600,000 residents.

China: World's biggest gambling hub Macau tests more for covid

After two-wheelers and passenger cars, the electrification of buses is picking up the pace around the world. Experts believe India would be one of the leading markets.

Electric buses market expected to reach 70,000 units by 2027

In United States, inflation is rocking American consumers at levels not experienced in over 40 years. From the weekly groceries to filling up the gas tank, rising prices have hit up Americans.

US inflation hits 40-year-high, Americans worry about price hikes

South Korean won fell below the psychological threshold of 1,300 per US dollar for the first time in 13 years amid global economic recession worries.

South Korean won falls the most for first time in 13 years

Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets. As per reports, EVs accounted for 8% of global sales last year.

Electric Vehicles could take 33% of global sales by 2028

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