Herald section
The latest business reporting from The Belfast Herald.
The Writers Guild of America has initiated a strike over streaming-era pay, marking the first such action since 2007–08. The walkout follows failed negotiations and a historic vote in favour of industrial action.
The United Kingdom's Competition and Markets Authority blocks Microsoft's $68.7bn (£55bn) acquisition of Activision Blizzard, saying that the deal will leave video gamers with less choice and will reduce innovation.
BuzzFeed News will shut down as part of a 15% workforce reduction across the company, with operations merging into HuffPost and BuzzFeed.com.
Over 155,000 Canadian federal workers go on strike after the Public Service Alliance of Canada failed to reach an agreement with the government over pay raises and remote work.
NPR ceased using Twitter following the platform's labeling of the outlet and the BBC as government-funded media. The label was later changed for the BBC, while NPR maintained its stance on the inaccuracy of the designation.
A new income tax law takes effect in India, introducing a controversial angel tax targeting foreign investments in start-ups. The provision sets a ceiling on equity share issuance prices for nonresident investors.
Argentina's annual inflation rate reached 102.5% in February 2023, the highest level since 1991, driven by a 6.6% monthly rise in the CPI and a 13.1% year-to-date increase.
American commercial bank and cryptocurrency services provider Silvergate Bank winds down its operations and liquidates its assets.