A British hedge fund trader has been sentenced to 12 years in prison in Denmark, after being found guilty of orchestrating a tax fraud that cost the Danish government more…
Category: Business News
UK: British economy shrinks for second month in a row
The UK economy shrank for the second month in a row in October as concerns about the Budget continued to weigh on confidence. Official figures showed a 0.1% drop, despite…
Australia: Authorities plan to tax tech giants if they fail to pay news outlets
The Australian government has announced plans to tax Big Tech firms if they fail to share revenue with local news media organisations. The measure, applicable from January 1, will force firms…
USA: Elon Musk’s Tesla lobbied UK to charge petrol drivers more
Elon Musk’s electric car firm Tesla pushed the government to make petrol car drivers “pay more” in the days after Labour won the general election. Musk, the chief executive of…
USA: Billionaire Murdoch loses bid to change trust in real-life ‘Succession’ battle
A real-life “Succession” battle for Rupert Murdoch’s media empire has ended with a Nevada court commissioner denying the billionaire’s bid to change a family trust and give control to his…
UK: Electric cars make up one in four sold in November
One in four cars sold in the UK last month was electric, according to industry figures, but new registrations were driven by steep discounting. Electric car sales grew in November…
USA: World Bank announces record $100bn support for world’s poorest countries
The World Bank has announced that it has raised close to $24bn to provide loans and grants for some of the world’s poorest nations, which it can leverage to generate…
India: Marketing ethics get the spotlight
The rapper Snoop DoggSnoop Dogg made headlines last year for announcing that he would be “giving up smoke”, only to reveal that he was actually talking about using a smokeless fire…
Brazil: Bad weather pushes coffee prices to record high
Coffee drinkers may soon see their morning treat get more expensive, as the price of coffee on international commodity markets has hit its highest level on record. On Tuesday, the…