Latest Business News & Archive

'Dreamer' Amorim Vows To Revive Ailing Man Utd

New Manchester United manager Ruben Amorim said he is the right man to revive the ailing English giants' fortunes ahead of his debut against Ipswich on Sunday.

Spain Fines 'Abusive' Budget Airlines 179 Mn Euros

Ryanair, which was the first to start charging extra for hand luggage in November 2018, was slapped with the biggest fine

Spain's leftist government said Friday it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million) for "abusive practices" such as charging passengers for hand luggage.

Manchester Attack Survivors Lose Bid To Sue Intel Agencies

The attack targeted children and young people attending an Ariana Grande concert

More than 300 people affected by the 2017 Manchester Arena bombing on Friday lost their bid to sue Britain's domestic intelligence services for failing to take "appropriate measures" to prevent the attack.

BIWC Group: Unveiling the Shadows of corporate deception

In the cutthroat world of business, trust can often be elusive, and it can take a team of skilled professionals to expose deception and protect the innocent. This is where BIWC Group enters the stage; a business intelligence agency led by ex-Israeli special forces with a global network of contacts and an almost endless outreach.

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Tourists died in a Thai hospital after suspected methanol poisoning during a night out in Laos

Second Australian Dies After Suspected Laos Poisoning

A second young Australian tourist died in a Thai hospital on Friday, bringing the death toll related to suspected methanol poisoning during a night out in a Laos backpacker hotspot to six.

Russia Says 'Derailed' Kyiv's War Plans After Uproar Over Test Strike

Russia said on Friday it had scuppered Kyiv's military objectives for 2025 just after President Vladimir Putin issued a warning to the West by test-firing a new intermediate-range missile at Ukraine.

German industry has been struggling as the economy faces headwinds

German GDP Downgraded In New Blow For Struggling Economy

German third-quarter growth was downgraded Friday with official data showing it expanded even more weakly than previously thought, in a new blow for Europe's top economy as it battles multiple headwinds.

Microsoft says it has detected a renewed wave of cyberattacks from the same state-backed group behind the massive SolarWinds hack

Senator Calls Salt Typhoon The Worst Cyberattack In U.S. History

Chairman of the Senate Intelligence Committee, Mark Warner said Salt Typhoon telecom hack makes Colonial Pipeline and SolarWinds, the major cyberattacks linked,to Russian-speaking criminals and to the Russian government — "look like child's play."

Ireland is concerned if Donald Trump imposes swingeing import tariffs and cuts the US corporate tax rate

Irish Economy Faces The Test Of Trump's Protectionism

With a general election next week, Ireland and its 5.4 million inhabitants fear finding themselves in the eye of a protectionist storm promised by incoming US president Donald Trump.

Experts told AFP that Hanwha's Chunmoo guided missile system could make a major impact on the battlefields of Ukraine if Kyiv was able to access it

Inside The South Korean Weapons Factory That Could Supply Kyiv

At the outskirts of a South Korean industrial city, workers at a sprawling weapons factory were conducting final-stage testing for a newly built surface-to-air defence system that could, eventually, head to Ukraine.

Oil prices have been boosted by geopolitical tensions after Russian President Vladimir Putin said the conflict with Ukraine had characteristics of a 'global' war

Most Asian Markets Track Wall St Gains, Bitcoin Closes On $100,000

Most Asian markets gained Friday after a bounce on Wall Street, while bitcoin continued its march higher to move within touching distance of the $100,000 mark.

Pep Guardiola is extending his stay as Manchester City manager

Guardiola Says 'I Could Not Leave Now' As He Signs New Manchester City Deal

Pep Guardiola has extended his contract as manager of Premier League champions Manchester City for a further two seasons, saying Thursday "I could not leave now" with the club facing arguably the toughest period of his time at the Etihad Stadium.

Lewis Hamilton does doughnuts after the Covid-19 affected season closer in Abu Dhabi - his seventh world title

Formula One's Exclusive Club Of Four-title Winners

If Red Bull's Max Verstappen sees off Lando Norris to seal the Formula One world championship in Las Vegas on Saturday, he will become just the sixth driver to win four titles.

Japan already has one of the world's biggest ratios of national debt to output

Japan Government To Approve $140bn Stimulus

Japan's minority government was expected Friday to approve a $140-billion stimulus drive aimed at putting more money in consumers' pockets after the ruling party's worst election result in 15 years.

The ICC arrest warrants for Benjamin Netanyahu and his ex-defence minister united the government and opposition in anger

Israel Anger Over ICC Arrest Warrants For Netanyahu, Ex-minister

Prime Minister Benjamin Netanyahu described the International Criminal Court as "anti-Semitic" on Thursday afer it issued arrest warrants for him and his former defence minister, vowing it would not deter him from defending Israel.

BJ's Wholesale Clubs Are Raising Membership Fees

BJ's Wholesale Club announced plans to raise membership fees starting January 1, 2025 in its third quarter earnings report.

Gary Gensler will step down as chair of the US Securities and Exchange Commission

Top US Securities Regulator To Exit, Clearing Way For Trump Pick

The top US securities regulator, a skeptic towards cryptocurrency who was appointed by President Joe Biden, announced Thursday he will step down in January when Donald Trump takes office.

Highly influential and charismatic Prime Minister Ousmane Sonko (pictured) is considered the mastermind behind the legislative landslide

Senegal Ruling Party Wins Parliamentary Majority: Provisional Results

Senegal's ruling party won over three-quarters of parliamentary seats in weekend elections, according to national provisional results announced Thursday, potentially handing them the means to deliver their ambitious reform agenda.

Volkswagen workers staged a colourful protest against planned cost cuts

Volkswagen Workers Head Towards Strikes From December

Volkswagen workers in Germany took a step closer to strike action on Thursday, after unions and management met for the third round of talks over the ailing carmaker's drastic cost-cutting plans.

Britain slapped curbs on Latvia's Aivars Lembergs for bribery and money laundering

UK Sanctions Angola's Isabel Dos Santos In Graft Crackdown

The UK government on Thursday announced sanctions on Angola's Isabel dos Santos, the billionaire businesswoman and daughter of the country's former president, as part of a new anti-corruption drive.

South Sudan Rejects 'Malicious' Report On Kiir Family Businesses

South Sudan on Thursday rejected claims by a US-based watchdog that President Salva Kiir's family had built up a vast corporate empire in one of the world's poorest countries.

Gautam Adani has been charged by US prosecutors with paying more than $250 million in bribes to Indian officials for lucrative solar energy supply contracts

Kenya Scraps Adani Deals As Ruto Attempts To Reset Presidency

Kenyan President William Ruto sought Thursday to turn the page on a difficult year, cancelling controversial deals with India's Adani Group and vowing to tackle corruption, police kidnappings and gender-based violence.