Latest Business News & Archive

Elon Musk (R) became a close ally of US President-elect Donald Trump (L) during his campaign, spending over $100 million to boost his presidential bid

OpenAI Chief 'Believes' Musk Will Not Abuse Government Power

OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions "profoundly un-American."

Tomas Milar: Pioneering Solutions For Equity Management In The Startup Ecosystem

Equity management is a cornerstone of any business aiming to attract investors, incentivize employees, and plan for growth. For startups, in particular, getting it wrong can lead to complications that hinder scalability and investor relations.

Syrian White Helmets Chief 'Dreams' Of Never Pulling A Body Out Of Rubble Again

This week, Raed Saleh travelled to New York to plead the case of the Syrian people before the United Nations Security Council

Nearly 14 years after the start of Syria's civil war, White Helmets rescue group chief Raed Saleh sees no way out of a conflict that has reignited.

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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A major stumbling block for a US-UK trade deal is reluctance by London to open its borders to certain American agricultural products

UK Faces Trade Balancing Act With Trump, EU

Donald Trump's presidential election victory is fuelling fears that Britain must choose between its "special relationship" with the United States and forging closer ties with the European Union regarding trade.

Illegal mining, or 'galamsey', has been a flashpoint in the lead-up to Ghana's election

Ghana's Illegal Mining Boom Seeps Into Presidential Election

Dressed in a white singlet with a scarf tied around his head, Frank crouched near a muddy pit, preparing to plunge his hands into the soil in search of gold.

Orano suspended production by its local unit in northern Niger owing to what it termed increasingly difficult operating conditions and financial issues

France's Orano Says Niger Junta Controls Uranium Firm

French nuclear group Orano said Wednesday that authorities in Niger had taken "operational control" of its uranium mining unit, in an escalating spat between the company and the country's military junta.

Donald Trump has threatened to slap tariffs of 10 percent on all imports

OECD Warns Of Protectionism Weeks Before Trump Return

The OECD warned Wednesday that protectionist trade measures pose a major risk to disrupting the world economy, just weeks before Donald Trump is set to return to the White House.

Briton Matthew Smith, the partner of former Abercrombie & Fitch CEO Michael Jeffries, leaves court in Central Islip, New York on December 3, 2024

Partner Of Ex-Abercrombie & Fitch CEO Pleads Not Guilty To Sex Trafficking

The partner of the ex-CEO of the Abercrombie and Fitch clothing line pleaded not guilty Tuesday in US federal court to charges of sex trafficking and interstate prostitution and was released on $10 million bond.

Ghanaians go to the polls on Saturday with the economy one of the main issues

Ghana Thrusts Economy Into Limelight In Tight Race For President

When Ghana's Vice President Mahamudu Bawumia announced last year he would run for president, his ruling New Patriotic Party (NPP) was certain he would lead them to an unprecedented third term.

Vietnamese property tycoon Truong My Lan (2-L) is at the centre of a massive fraud case that has raised questions about the country's banking system

Huge Vietnam Fraud Case Raises Questions Over Banking System

A multi-billion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge.

Home-grown start-up Selex, which makes e-bikes and battery packs, has pioneered a quick-fix for charging problems -- stations where riders can instantly swap a depleted battery for a new one

Vietnam Pushes Electric Motorbikes As Pollution Becomes 'Unbearable'

In Vietnam's heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes.

US online retail giant Amazon is looking to get into the generative AI game alongside its tech rivals

Amazon Launches AI Models To Challenge Rivals

Amazon on Tuesday unveiled a suite of artificial intelligence models in its boldest move yet to compete with tech giant rivals in the fast-growing generative AI sector.

Protesters gather outside the National Assembly in Seoul after South Korea President Yoon Suk Yeol declared martial law

South Korea Political Upheaval Shows Global Democracy's Fragility - And Resilience

South Korean President Yoon Suk Yeol's brief imposition of martial law marks a new warning for the worldwide fragility of democracy, even in a country hailed as a model of political transformation.

Walmart Completes Purchase of TV Tech Company Vizio

Walmart has completed its $2.3 billion acquisition of VIZIO, a smart TV and technology company.

BlackRock Scoops Up HPS Investment Partners In $12 Billion Deal

BlackRock has agreed to acquire HPS Investment Partners for nearly $12 billion but the deal has not yet been approved by government agencies.

US Secretary of State Antony Blinken made his last planned visit in office to NATO headquarters in Brussels

Europe-loving Blinken On Last Trip To NATO Before Trump Handover

Antony Blinken, America's French-speaking, Europhile top diplomat, paid his last visit to NATO headquarters in Brussels Tuesday on a bittersweet trip ahead of Donald Trump taking over in the United States.

AT&T Says It Expects To Return $40 Billion To Shareholders As Part Of New Strategic Plan

AT&T announced a strategic plan to return over $40 billion to shareholders over the next three years through dividends and share repurchases.

Jaguar Unveils Pink Car: 'No Desire To Be Loved By Everyone'

Gerry McGovern, chief creative officer at Jaguar, was on hand in Miami to debut the luxury carmaker's two new Type 00 models: London Blue and Miami Pink.

Map of provinces in northern Syria where rebels launched an offensive

Army Resistance Toughens As Rebels Near Syria's Hama

Islamist-led rebels advanced on Syria's fourth-largest city Hama Tuesday, buoyed by their lightning capture of swathes of the north in an offensive that ended four years of relative calm.

The US Steel Mon Valley Works Edgar Thomson Plant along the Monongahela River in Braddock, Pennsylvania

US Steel Stock Plunges After Trump Vows To Block Nippon Steel Takeover

The president-elect claims he will help the company 'strong and great again.'

Nepal's Khadga Prasad Sharma Oli, who returned to power in July after two previous terms in the top job, is visiting Beijing

China's Xi Vows To Deepen Infrastructure Cooperation With Nepal: State Media

President Xi Jinping on Tuesday told Nepali Prime Minister Khadga Prasad Sharma Oli that China will offer more support to develop the country's infrastructure, Chinese state media reported.