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 –…
Category: Business News
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…
USA: Banking giant sues customers over TikTok “infinite money glitch”
US banking giant JP Morgan Chase, is suing customers who allegedly took advantage of a glitch by illegally withdrawing thousands of dollars from its ATMs. The “infinite money glitch”, as…
USA: Microsoft CEO Satya Nadella gets 63% pay rise
Microsoft’s chief executive Satya Nadella earned $79.1m (£61m) last year, a rise of 63% compared to his compensation the year before. That was despite a request from Mr Nadella to…
USA: Treasury gets $100m settlement for Baltimore bridge collapse
The owners of a container ship that crashed into Baltimore’s Francis Scott Key Bridge have been ordered to pay the US government more than $100m (£77.1m) in damages, the US…
USA: Ex-Abercrombie CEO pleads not guilty to sex trafficking charges
Ex-Abercrombie & Fitch CEO Mike Jeffries has pleaded not guilty to charges of sex trafficking and interstate prostitution. Lawyers entered the plea on behalf of Mr Jeffries in New York…
UK: BHP and Vale sign $30bn settlement for 2015 Brazil dam collapse
The mining giants BHP and Vale have signed a deal with the Brazilian government to pay nearly $30bn (£23bn) in compensation for the Mariana dam collapse in 2015 that caused…
USA: IMF concerned about possible global trade war
The world economy could contract by the size of the combined French and German economies, if there is a broad-based trade war between the world’s major economies, the International Monetary…