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Meta Plans to Charge $14 a Month for Ad-Free Instagram
Business

Meta Plans to Charge $14 a Month for Ad-Free Instagram

European users would have the option to pay a fee or agree to personalized ads, according to the company’s pitch to regulators. Source link

Rupert Murdoch to Step Down as Chair of Fox and News Corp
Business

Rupert Murdoch to Step Down as Chair of Fox and News Corp

Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman emeritus. Source link

German Industry Defies Rising Pressure to Limit China Exposure
Business

German Industry Defies Rising Pressure to Limit China Exposure

Companies with sizable Chinese operations in recent months have been scrambling to insulate those businesses from possible Western sanctions. Source link

With CEO Out, BP Faces Choice of Whether to Abandon Push to Go Green
Business

With CEO Out, BP Faces Choice of Whether to Abandon Push to Go Green

The surprise departure of Bernard Looney presents an opportunity for the oil giant to again prioritize fossil fuels. Source link

Italy Defined Fashion. Then It Got Old.
Business

Italy Defined Fashion. Then It Got Old.

Armani. Prada. Tod’s. Brunello Cucinelli. They have set luxury tastes for decades. As their visionary leaders hit their 70s and 80s, their business model is

He Took On the World's Most Valuable Company---and Won
Business

He Took On the World's Most Valuable Company—and Won

Apple’s new iPhone is expected to include a big change. Why? Ask someone from the EU’s smallest country. Source link

U.K. Flights Disrupted by Air-Traffic-Control Glitch
Business

U.K. Flights Disrupted by Air-Traffic-Control Glitch

The U.K. restricted the number of flights into its airspace for several hours after a technical issue disrupted its air-traffic-control system. Source link

Why a Zara Bet Big on the Maxi Dress This Summer
Business

Why a Zara Bet Big on the Maxi Dress This Summer

Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of rivals Source link

Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies
Business

Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies

EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link