US Seizes $1 Bn Worth Of Fake Luxury Goods In NY
Anyone who walks the streets of Manhattan can observe sidewalk vendors hawking counterfeit luxury products.
Siemens Energy Gets State-backed 15-Bn-Euro Rescue Package
Siemens Energy will receive a 15-billion-euro ($16.3-billion), state-backed rescue package, Berlin said Tuesday, as the German group struggles to overcome a crisis in its wind power unit.
McDonald's UK Boss Says Fast-food Chain Faces Weekly Sex Abuse Claims
McDonald's boss in Britain said Tuesday the US fast-food giant faces "one to two" sexual harassment allegations from workers every week, as he vowed to tackle the issue recently exposed by the BBC.
Alistair Macrow, chief executive of McDonald's UK and Ireland, told a watchdog parliamentary committee that the chain's management also receives around five reports a week of bullying.
APEC Finance Chiefs Agree To Grow Economies With Eye On Sustainability
Leaders of Asia-Pacific economies want to boost output with an eye on issues like reducing inequality and protecting the environment, US Treasury Secretary Janet Yellen said on Monday.
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Apple Co-Founder Steve Wozniak Had 'Minor' Stroke: Report
Apple co-founder Steve Wozniak suffered a "minor" stroke in Mexico but has left hospital and is returning to the United States, he told ABC News on Thursday.
SBF's Former Assistant Challenges The 'Crypto Villain' Narrative, Claims He Is 'So Misunderstood'
Last week, Bankman-Fried was convicted on all seven charges brought against him by the US government.
Nissan, Renault Launch 'Rebalanced' Alliance
French automaker Renault and Japanese partner Nissan officially launched their "rebalanced" alliance on Wednesday as they seek to reset a rocky 24-year-old partnership.
Disney+ Adds Subscribers Amid Cost-cutting Campaign
Disney's streaming service has attracted nearly seven million new subscribers, the company said Wednesday, reversing a period of decline that had raised doubts about its rivalry with industry leader Netflix.
Indian Authorities Arrest 4 Police Officers In $300 Million Crypto Scam Crackdown
Over 100 people profited $240,000 each from the scam while 200 individuals earned approximately 120,000 each.
Chemical Giant Bayer To Cut Management Jobs After Huge Loss
German chemicals giant Bayer said Wednesday it would cut management jobs and was examining splitting off one of its divisions after reporting a massive third-quarter loss.
Netflix Reopens Hollywood's 'Egyptian' Movie Palace
The Egyptian Theatre, which hosted Hollywood's first-ever red carpet premiere in its faux hieroglyph-adorned courtyard more than a century ago, reopens this week under the new ownership of Netflix.
Paris Business District Looks To Students To Replace Workers
With companies cutting back on office space as working from home remains popular, Europe's biggest business district is looking to students to fill the void left by workers.
Solana Plummets Then Recovers Amid FTX Estate Moving $744M in Crypto Assets To Exchanges
The FTX estate has, by far, moved around $102 million in Solana to exchanges via a series of transactions that could impact the token and could trigger holders to dump their SOL holdings.
Nintendo Lifts Annual Profit Forecasts On Strong Game Sales
Japanese gaming giant Nintendo raised its annual forecasts on Tuesday after strong first-half sales of its new "Zelda" and "Mario" franchise games for the ageing Switch console.
Surprising Source Of Bankman-Fried's Legal War Chest Surfaces Following Controversial Criminal Fraud Trial, Conviction
After his conviction on all seven charges, the question about the funding of SBF's legal war chest has once again surfaced, but this was already answered by a March report from Forbes, which highlighted the link between SBF's legal defense and the controversial use of Alameda Research funds.
Corporations Fall Short On Implementing Green Agendas: Report
Corporations are increasingly committed to green agendas, but a new report on Tuesday reveals that only one in 20 of over a thousand publicly listed companies have a detailed strategy for how they will reach their greenhouse gas targets.
EU Tells TikTok To 'Spare No Effort' To Fight Disinformation
The EU's top tech enforcer told TikTok's CEO on Monday to "spare no effort" to counter disinformation, but recognised the changes already made by the video-sharing platform.
Epic Games And Google Face Off In Court Over App Store
The maker of hit videogame Fortnite, Epic Games, and Google faced off in federal court in San Francisco as a trial began over whether the internet giant wields monopoly power at its Play Store.
Telecom Italia Approves US Fund's Bid For Network
Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision.
Dubai-Based Blue Carbon Signs Major Carbon Credit Collaboration with Kenya
The collaboration's main purpose includes the creation of essential climate funding, the advancement of initiatives for climate change mitigation and adaptation, the promotion of sustainable development and the provision of substantial support to local communities.
Asia Builds On Global Stocks Rally As US Jobs Data Cements Rate Hopes
Markets rallied again Monday following another strong performance on Wall Street, as below-forecast US jobs data fanned optimism that the Federal Reserve had reached the end of its interest rate hiking cycle.
Shytoshi Kusama's Latest Post Teases Mega Decentralied Project That Includes Even 'Shadowcats'
Based on the post, the upcoming initiative may have something to do with Shiba Identity since it mentioned that those interested need to submit basic contact information.
Apple Sales Lose Ground, But IPhone Growth Strong
Apple on Thursday reported that sales fell for the fourth consecutive quarter when compared to the prior year, but profit rose on the back iPhones and services.
Bankman-Fried Found Guilty Of Massive Crypto Fraud
Sam Bankman-Fried, the one-time cryptocurrency golden boy accused by US prosecutors of stealing billions of dollars of his customers' money, was found guilty on Thursday on all counts, and now faces up to 110 years behind bars.
Disney To Complete Takeover Of Hulu With $8.6 Bn Deal
The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.
S&P Says Sharing Office Space Giant WeWork In 'Selective Default'
Embattled flexible workspace provider WeWork is in "selective default" after failing to meet conditions set by debt holders, ratings agency S&P said Wednesday.
Pope Says To Attend COP28 Climate Conference In Dubai
Pope Francis on Wednesday said he would attend the crucial COP28 climate talks starting in Dubai on November 30, weeks after warning that time is running out to act on global warming.
German Finance Minister Casts Doubt On 2030 Coal Exit
German Finance Minister Christian Lindner on Wednesday called into question the government's aim to end coal use in Europe's largest economy by 2030.
Electric Vehicles Gain Traction In Jordan As Petrol Prices Rise
Electric vehicle sales are surging in Jordan, a trend drivers and showrooms attribute to high petrol prices more than any concerns about air pollution and climate change.
Biden Approves Largest Offshore Wind Project In US History
President Joe Biden's administration on Tuesday approved a plan to build the United States' largest ever offshore wind farm, which would power hundreds of thousands of homes with clean energy.
Bankman-Fried Struggles In Final Day Of Court Testimony
Former crypto tycoon Sam Bankman-Fried struggled on Tuesday to explain his behavior during the last days of his FTX empire, as prosecutors shone a light on his willingness to take massive risks.
Oil Exec And Climate Champion? The Man Steering COP28
The Emirati oil boss preparing to take the helm of UN climate talks said he is stunned to hear that environmentalists suspect him of duplicity on climate change.
UBS's Credit Suisse Takeover, 'Deal Of The Century'?
Did banking giant UBS make "the deal of the century" when it bought one of the world's biggest banks for a pittance as it teetered on the edge of the abyss?
Fossil Fuel Demand To Peak This Decade: IEA Chief In FT
World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner energy and electric cars accelerates, the International Energy Agency's chief wrote Tuesday in the Financial Times.
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