Indian billionaire Gautam Adani has been charged with fraud in the US, which has accused him of orchestrating a $250m (£198m) bribery scheme and concealing it to raise money in…
Category: Business News
Mali: Government wins $160m in gold mining dispute after detaining British businessman
An Australian mining company, Resolute Mining, says it will pay Mali’s military government $160m (£126m) to settle a tax dispute, after the company’s British boss and two other staff were…
USA: Google must sell Chrome to end search monopoly-DOJ
Alphabet’s Google should be forced to sell its Chrome browser and share data with competitors, prosecutors in the United States have argued, as part of a list of proposals intended…
Palestine: Olive harvest under threat from Israeli attacks and restrictions
Harvesting olives is an age-old ritual and also an economic necessity for many Palestinians, but, according to the UN, it is increasingly precarious. Farmers across the West Bank – internationally…
Australia: Rio Tinto employees report rise in bullying, sexual assault
More than one-third of workers at Rio Tinto experienced bullying in the previous 12 months, a progress review has found, nearly three years after the mining giant pledged to tackle…
Germany: Defence Minister suspect sabotage behind severed undersea cables
German Defence Minister Boris Pistorius has said damage to two undersea cables in the Baltic Sea looks like an act of sabotage and a “hybrid action”, without knowing who is…
USA: Spirit Airlines files for bankruptcy protection
US budget carrier Spirit Airlines has filed for bankruptcy protection after a long run of financial losses and a series of failed merger attempts. On Monday, the Florida-based airline said…
USA: Google reacts angrily to report it will have to sell Chrome
Google has said it would harm consumers and businesses if it is forced to sell Chrome, the world’s most popular web browser. The US Department of Justice (DOJ) will propose…
German: Manufacturing sector at risk of crashing- industry leaders
In the 44 years since Beckhoff Automation opened for business, owner Hans Beckhoff says he hasn’t seen an economic crisis like this one. “You can usually expect a crisis about…
USA: Elon Musk adds Microsoft to lawsuit against ChatGPT-maker OpenAI
Elon Musk has stepped up his ongoing feud with ChatGPT-maker OpenAI with a revived lawsuit against the firm, adding Microsoft as a defendant. Mr Musk, a co-founder of the artificial…