BUSINESS

Sacklers, Purdue To Pay $7.4 Bn Over Opioid Crisis

Purdue Pharma's OxyContin, one of the main prescription opioids that stoked the US addiction and overdose epidemic beginning in the early 2000s
Several US states have reached a $7.4 billion settlement with the Sackler family and their pharmaceutical company Purdue over the opioid crisis that has ravaged the lives of millions of Americans, officials said Thursday.
BIWC Group

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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The fire ripped through the hotel while guests were sleeping. Handout released by DHA

Negligence Played Key Role In Turkey Ski Resort Deaths: Expert

Negligence played a role in the deaths of 78 people who perished when a huge fire gutted a luxury ski resort hotel in northern Turkey this week, an expert has told AFP. There were safety failures on multiple levels at the Grand Kartal Hotel in the ski resort of Kartalkaya, the head of the Ankara Chamber of Architects told AFP late on Wednesday.
SoftBank's rally in Tokyo extended gains of more than 10 percent in the previous session

Most Asian Markets Extend AI-fueled Rally

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.
South Korea's impeached President Yoon Suk Yeol's declaration of martial law hits the country's economic growth

Political Crisis Hits South Korea Growth: Central Bank

South Korea's economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law.

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