A gang has been jailed after trying to smuggle cocaine with a street value of about £200m in a cargo of bananas from Colombia. The shipment – believed to be…
Category: Business News
India: Pharmaceutical industry positing for global influence
Antibiotics are hailed as medical saviours.But they are increasingly facing a crafty adversary: bacteria that mutate and adapt and outwit the very drugs designed to defeat them and cure the…
USA: Bitcoin surges past $100k for first time
The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high.The value of the world’s biggest cryptocurrency has been boosted by hopes…
India: Taxi service apologises for driver’s gunpoint robbery
An Indian taxi aggregator service has apologised after a customer said she was robbed at gunpoint by one of its drivers near the capital, Delhi. The 30-year-old woman said she…
Russia: Telegram U-turns and joins child safety scheme
After years of ignoring pleas to sign up to child protection schemes, the controversial messaging app Telegram has agreed to work with an internationally recognised body to stop the spread…
Iran: US imposes new sanctions on Tehran’s ‘shadow fleet’ of oil tankers
United States has piled on additional sanctions against Iran targeting 35 entities and vessels that it says are part of a “shadow fleet of vessels” transporting cargoes of Iranian petroleum…
USA: Microsoft faces £1bn class action case in UK over software prices
Thousands of UK businesses could receive payouts if a legal claim filed against tech giant Microsoft is successful. Regulation expert Dr Maria Luisa Stasi is alleging the tech giant overcharged…
USA: Celsius founder Alex Mashinsky pleads guilty to two fraud counts
Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, has pleaded guilty in the United States to two counts of fraud.Mashinsky, 59, was indicted on July 13,…
UK: Theives stole van that contained 2,500 pies
A stolen van that contained 2,500 pies has been found by police, a Michelin-starred chef has confirmed. Tommy Banks, who runs award-winning restaurants in North Yorkshire, said the van had…
USA: Uber probed by US regulator over subscription plan
Uber is facing an investigation by the US Federal Trade Commission (FTC) into its flagship subscription plan, the company has said. As first reported by Bloomberg, the US consumer watchdog…