Business

Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first

Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first

Otis positions itself as a long-term growth stock, but shares are down due to setbacks in its elevator service business and investors chasing the AI trade.

Cyclospora fears lead consumers to lose their appetite for salads

Cyclospora fears lead consumers to lose their appetite for salads

Traffic to salad chains has fallen as consumers avoid greens due to the ongoing cyclospora outbreaks across the U.S.

How can we minimize taxes in retirement with a $2.3 million nest egg — while buying homes in Florida and New England?

How can we minimize taxes in retirement with a $2.3 million nest egg — while buying homes in Florida and New England?

Timing is everything when balancing retirement distributions and moving across state lines.

Bhutan’s foreign reserves stand at USD 1.2 billion in June, reserves are more than double above the critical threshold

Bhutan’s foreign exchange reserves reached USD 1.2 billion (bn) at the end of June 2026, outperforming earlier third-quarter projections of USD 1.1 bn though remaining lower than initial second-quarter estimates of USD 1.32 bn. Addressing…

Bloomberg

Fintech That Soared on Trump Sells Core Business for $12 Million

A virtually unknown fintech that catapulted into the headlines and cracked a $1 billion market value after signing a deal with the Trump family’s crypto platform last year has sold its core business for about $12 million.

Bloomberg

Three sentenced after USD 450,000 hidden in K5 whisky boxes was seized in Thailand

Paro Court ruled that the smuggling originated in Bhutan despite the cash being seized at Bangkok airport, sentencing the principal accused to nine years imprisonment and convicting two others for soliciting and aiding the offence The Paro…

A record-breaking week for options powers S&P 500 surge; volatility gauge is near 2026 low

A record-breaking week for options powers S&P 500 surge; volatility gauge is near 2026 low

The broad market benchmark soared to records this week, benefiting from options activity and a calmer VIX.

Ministers surrender Prados for EV duty cars

Govt defends e-mobility roadmap amid affordability concerns As Bhutan accelerates its ambitious march toward a carbon-negative future, the high upfront cost of electric vehicles (EVs) has emerged as a central flashpoint between private…

Suvidha fee talks continue as government seeks relief for Bhutanese exporters

The government affirms that it continues to engage with the relevant authorities in India to resolve the Suvidha fee issue, which it says has increased the cost of transporting Bhutanese exports to Bangladesh and affected the…

Bhutan eyes Nu 7.5 billion in fuel savings through rapid EV adoption by 2030

Bhutan is poised to save a staggering Nu 7.53 billion (bn) in fossil fuel import costs by 2030 as the government accelerates its transition toward electric mobility. According to a comprehensive strategy report published by the Department…

Public toilets remain a tourism concern as MoICE pushes minimum facility standards nationwide

Public toilets remain one of the common concerns raised by tour operators and tourists visiting Bhutan, despite continued government investment in tourism infrastructure and the development of more than 103 toilet facilities across the…

Here’s why Wendy’s is losing the burger wars

Here’s why Wendy’s is losing the burger wars

Wendy’s new CEO is embarking on a turnaround initiative, while acknowledging that issues around food quality and service have turned customers away.