Latest Business News & Archive

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.

Kenya Scraps Adani Deals As Ruto Attempts To Reset Presidency

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

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.

Tech CEO Stole From Company To Pay For Wedding And Buy House: Feds

FBI headquarters building is seen in Washington, U.S., December 7, 2018.

Joanna Smith-Griffin, CEO of the AI education startup AllHere Education, Inc., has been indicted on multiple fraud charges for defrauding investors.

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 popularity of militaristic organisations will hinge on Ukraine's capacity to deal with a traumatised generation

Nationalist Raves Galvanise Traumatised Ukrainian Youth

At a rave in a former silk factory in Kyiv, Bogdana Lukyanchuk was out partying for the first time since her father was killed fighting Russian forces in eastern Ukraine.

American Airlines Expands Technology To Catch And Embarrass Line Cutters During Holiday Rush

The airline will make sure that boarding line cutters get a rude greeting.

Sri Lanka's President Anura Kumara Dissanayake (L) and Speaker Ashoka Ranwala arrive for the opening of parliament

Sri Lanka's President Makes U-turn On IMF Bailout

Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor.

US DOJ Moves To Break Up Google, Seeks Sale Of Chrome Browser

In a 23-page filing, the Department of Justice stated that forcing the company to divest Chrome would level the playing field for competitors in the search market.

On their travel advice websites for Laos, UK and Australia authorities warn their citizens to beware of methanol poisoning while consuming alcohol

Four Tourists Die After Suspected Laos Methanol Poisoning

Four foreign tourists have died after a suspected mass methanol poisoning from drinking tainted alcohol at a backpacker hotspot in Laos, Western government officials and media said Thursday.

Billionaire Indian tycoon Gautam Adani was charged in the United States in a bribery case

Why Is Indian Tycoon Gautam Adani Facing US Bribery Charges?

The business empire of Gautam Adani is again in turmoil after the billionaire Indian tycoon was charged in the United States with paying exorbitant bribes to secure lucrative government contracts.

India Opposition Leader Demands Tycoon Adani's Arrest After US Charges

Billionaire Indian tycoon Gautam Adani should be arrested after US prosecutors charged him with paying more than $250 million in bribes to secure lucrative government contracts, opposition leader Rahul Gandhi said Thursday.

Musk has long promised that his Neuralink company was working on implants that could restore sight to blind people

Neuralink's Revolutionary Brain Implant Trial Gets Green Light in Canada

Canada will soon have access to Neuralink's ground-breaking brain-computer interface technology. Through the CAN-PRIME Study, paraplegic patients will be able to operate equipment with their thoughts, evaluating the implant's efficacy and safety.

Adani Group's shares have plunged since the release of a report accusing it of fraud

Gautam Adani: Billionaire Indian Tycoon Facing US Bribery Charges

Billionaire Indian industrialist Gautam Adani, whose business empire has been rocked by US bribery charges against him, is one of the corporate world's great survivors.

US antitrust attorneys want a judge to keep the option of forcing Google to also sell its Android mobile operating system, which powers most of the world's smartphones

US Govt Calls For Breakup Of Google And Chrome

The US government late Wednesday asked a judge to order the dismantling of Google by selling its widely used Chrome browser in a major antitrust crackdown on the internet giant.

The world's most expensive banana taped to a wall

Banana Taped To A Wall Sells For $6.2 Mn In New York

A fresh banana taped to a wall -- a provocative work of conceptual art by Italian artist Maurizio Cattelan -- was bought for $6.2 million on Wednesday by a cryptocurrency entrepreneur at a New York auction, Sotheby's announced in a statement.

India's Adani Enterprises Tanks After Founder's US Charges

Shares in India's Adani Enterprises slumped 10 percent at Thursday's open after US prosecutors charged billionaire industrialist founder Gautam Adani with paying hundreds of millions of dollars in bribes and hiding the payments from investors.

Tourism in rural areas has tended to focus on more traditional Korean experiences, which is not interesting to younger travellers eager to explore the land of K-pop and K-drama

Screen To Reality: South Korea Targets K-pop, K-drama Tourism Boom

Deep in South Korea's hinterlands lies a perfect replica of 1900s Seoul: welcome to Sunshine Land, the latest K-drama theme park to cash in on booming K-culture tourism.

Bitcoin has soared around 40 percent since the US election, hitting a record above $95,000 Thursday, with observers expecting it to soon top $100,000

Asian Markets Mixed As Nvidia Falls Short Of Hopes, Eyes On Trump

Asian markets were mixed Thursday as another blockbuster earnings from chip titan Nvidia smashed forecasts but still left investors disappointed, while sentiment was also being swayed by geopolitical concerns.

Australian legislation could force social media firms to take steps to prevent those under 16 years of age from accessing platforms such as X, TikTok, Facebook and Instagram

Australian Eyes $30m Fine For Social Media Flouting Under-16s Ban

Social media companies could be fined more than US$30 million if they fail to keep children off their platforms, under new laws tabled before Australia's parliament Thursday.

With the nation's electricity grid lacking, factory owners often rely on expensive generators

Civil War Economy Hits Myanmar Garment Workers

As civil war pounds Myanmar's economy and drives up prices, garment worker Wai Wai often starts her shift making clothes for international brands on an empty stomach.

Kadidiatou Diani (R) came off the bench and scored twice for Lyon against Roma

Chelsea, Lyon, Real Madrid Reach Women's Champions League Quarters

Chelsea eased into the Women's Champions League quarter-finals on Wednesday with a 3-0 win over Celtic, while Lyon and Real Madrid also booked their places in the knockout phase.

Nvidia is under pressure to meet high expectations with its coming Blackwell processing system for powering artificial intelligence

Nvidia Crushes Earnings Expectations On AI Chip Demand

US chipmaking behemoth Nvidia said Wednesday it made a $19 billion profit on record high revenue last quarter as demand continued for its hardware to power artificial intelligence.