World

Many hotels claim to be eco-friendly.   But are they?   A quick-and-easy test is to look for two items, said Sonu Shivdasani, founder of Soneva and Six Senses hotel brands. First, sustainable hotels should not have branded water of any sort, he told CNBC Travel.   “When you have …

Aaron P | Bauer-Griffin | GC Images | Getty Images HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 billion in the same period last year. Profit before tax for the quarter rose by $4.5 billion to $7.7 billion, …

In an aerial view, the Valero Houston refinery seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Oil prices dipped even after Israel sent ground forces into the Gaza Strip, raising tensions in the Middle East, as investors closely monitor the U.S. Federal Reserve’s monetary policy meeting …

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan September 29, 2023. Rebecca Cook | Reuters DETROIT — Contract negotiations between the United Auto Workers and General Motors are reconvening midday Friday after intense talks occurred Thursday night and into the …

Shares of Amazon jumped more than 6% Friday after the company released third-quarter earnings that beat analysts’ estimates and showed the company’s cost-cutting efforts are working. Amazon’s revenue rose 13% to $143.1 billion in the third quarter. The company’s net income more than tripled to $9.9 billion, or 94 cents …

Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday. The core personal consumption expenditures price index, which the Federal Reserve uses as a key measure of inflation, increased 0.3% for the month, in line with the Dow Jones estimate and …

The Saudi National Bank headquarters and other buildings in Riyadh. Bloomberg | Bloomberg | Getty Images RIYADH — Saudi Arabia is holding on to its ultimatum that foreign companies will need to base their regional headquarters in the kingdom or be barred from lucrative government contracts. The deadline: Jan. 1, …

Visitors line up in front of the Huawei flagship store on Nanjing East Road, one of the city’s main commercial and tourist area, in Shanghai, China, on Sept. 30, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech giant Huawei reported revenue figures Friday that showed only a …

Courier handing over package asking female customer to do electronic signature, delivering, receiving, efficiency 10’000 Hours | Digitalvision | Getty Images Shares of Indonesia’s J&T Express fell 1.33% when it went public on Friday. The logistics service provider traded at 11.84 Hong Kong dollars ($1.51) on Friday morning, after opening …

International Olympic Committee (IOC) member Nita Ambani addresses the media after cricket was approved as an Olympic sport on the second day of the 141st session of the IOC in Mumbai on October 16, 2023. Cricket will feature as one of five new sports at the 2028 Olympic Games in …