Striking Boeing workers are set to vote on a new offer from the aviation giant, which includes a 38% pay rise over the next four years. The International Association of…
Category: Business News
Russia: Court fines Google more money than the world’s GDP
A Russian court has fined Google two undecillion roubles – a two followed by 36 zeroes – for restricting Russian state media channels on YouTube.In dollar terms that means the…
China: EV Gianf BYD revenue jumps by 28% to overtake Tesla
The Chinese electric vehicle giant BYD has seen its quarterly revenues soar, beating Tesla’s for the first time. It posted more than 200bn yuan ($28.2bn, £21.8bn) in revenues between July…
Belgium: EU hikes tariffs on Chinese EVs up to 45.3%
The European Union has decided to sharply raise tariffs on Chinese-made electric cars, prompting an angry response from Beijing. The tariffs of up to 45.3 percent will take effect on…
USA: McDonald’s CEO apologises for E. coli as sales plummet
The boss of McDonald’s has apologised to customers hit by an E. coli outbreak in the US linked to the chain’s Quarter Pounders, a new setback for the chain which…
India: Asian News International (ANI) takes Wikipedia to court
Wikipedia is locked in one of its biggest legal battles in IndiaWikipedia is embroiled in a major legal battle in India that experts say could impact how the online encyclopaedia…
Australia: Police arrest three and recover stolen Bluey coins
Police in Australia say they have recovered around 40,000 limited-edition coins based on the hit children’s television show Bluey. It was reported in July that 63,000 of the coins –…
UK: HSBC profits jump by 10% as bank set for major shakeup
HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history. The firm said its pre-tax profits rose…
Germany: Adidas ends ‘fight’ with Kanye West
Adidas has ended its “fight” with Kanye West over antisemitic comments he made in 2022, which scuppered the sports brand and US rapper’s “Yeezy” collaboration. Adidas discontinued the collection at…
China: TikTok co-founder Zhang Yiming becomes China’s richest man
The surging global popularity of TikTok has seen the co-founder of its parent company, ByteDance, become China’s richest person. According to a rich list produced by the Hurun Research Institute, Zhang…