Biden revokes Keystone XL pipeline permit

New York (CNN Business)President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last fall. Last week, the Biden administration imposed a 60-day suspension of new oil and gas leasing and drilling permits on federal lands unless the Interior Department’s leaders approved them. Biden is expected […]

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Norwegian Air Targets April Exit From Irish Insolvency Process

Norwegian Air Shuttle ASA aims to exit Irish insolvency proceedings in April as the carrier jettisons its low-cost long haul business to focus on flying in the Nordics. The airline expects to raise as much as 5 billion kroner ($580 million) in capital, including up to 2.5 billion kroner from existing creditors through a hybrid debt instrument, according to an […]

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TRANSFORMING USER EXPERIENCE IN BANKING: Here are the strategies winning financial institutions are using to deliver a superior user experience

This is a preview of the Business Insider Intelligence Transforming User Experience In Banking research report. Purchase this report here. Business Insider Intelligence offers even more banking coverage with our Banking Briefing. Subscribe today to receive industry-changing banking news and analysis to your inbox. As digital channels become a more critical part of the overall banking journey, banks' design teams […]

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Jon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image.

Jon Gray is Blackstone's No. 2 and has ushered in a massive transformation. Gray helped put together Blackstone's deal for Bumble, a dating app that's gearing up for an IPO.  We talked to 50 insiders to understand Gray's rise and what it meant for the private-equity giant.  Visit Business Insider's homepage for more stories. It was a meeting that Jon […]

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Richemont Stock Up On Higher Q3 Sales

Shares of Compagnie Financiere Richemont AG were gaining around 2 percent in Swiss trading after the luxury goods group reported that its third-quarter total sales rose about 1 percent on a reported basis and 5 percent at constant exchange rates, despite a continuously volatile environment. In its trading statement, the company said its third-quarter sales reached 4.19 billion euros, higher […]

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Dear Nirmalaji: Please CREATE JOBS!

On February 1, 2021, Finance Minister Nirmala Sitharaman will present the Budget for Financial Year 2021-2022. Nirmalaji has asked us to send the finance ministry inputs so that the government can prepare an all inclusive Budget, one that will incorporate the needs of its people. In a month-long series, A Ganesh Nadar/Rediff.com speaks to Indians across the land about what […]

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Indonesia Boosts Steps to Curb Climate Risks as Disasters Hit Growth

Indonesia is expanding programs to mitigate the impact from climate change following a recent spate of natural disasters that has added pressure to economic recovery. A mangrove planting campaign to boost the ecosystem and landscape resilience will target areas of 600,000 hectares across the nation, a jump from 15,000 in 2020, Environment and Forestry Minister Siti Nurbaya, said in a […]

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People Magazine Delves Deeper Into Royal Coverage With New Magazine

Do you have a burning desire to find out what the British royal family’s favorite tipple is, hear what Princess Diana’s astrologer has to say about your zodiac sign or how Prince Albert of Monaco is navigating the pandemic? People magazine has you covered. The Meredith Corp.-owned publication, which covers royal gossip every day across its multiple platforms, is delving […]

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