Amazon boss Jeff Bezos has said he supports raising taxes on US companies. The comments by the world’s richest man come as US President Joe Biden is pushing to raise…
Category: Business News
USA: Forbes adds Kim Kardashian West to billionaire club
US reality TV star Kim Kardashian West has joined the elite club of the super-rich (in case anyone had any doubts) by achieving billionaire status. Her net worth reached $1bn…
Netherlands: Two arrested over Van Gogh and Frans Hals museum thefts
Police have arrested a man over art thefts in two Dutch towns several months apart last year. The 58-year-old, arrested at his home in the central town of Baarn, is…
Switzerland: Credit Suisse axes bosses and bonuses amid Archegos losses
Credit Suisse took drastic action on Tuesday, replacing two key executives and cutting bonuses amid the fallout from two major business relationships. Its chief risk officer, Lara Warner and its…
USA: Supreme Court declares Google’s code copying fair
A decade-long battle over copied code in Google’s Android operating system has ended in the US Supreme Court. Oracle, another tech titan, had sued Google in 2010 for copyright infringement…
UK: Bet365 boss earns £469m in a single year
The boss of the gambling firm Bet365 has been awarded one of the biggest pay packets in UK corporate history. The highest paid director of Bet365 Group – believed to…
Egypt: ‘I was blamed for blocking the Suez Canal’
Last month, Marwa Elselehdar noticed something strange. News had broken about a huge container ship, the Ever Given, that had become wedged across the Suez Canal, bringing one of world’s…
USA: Amazon apologises for wrongly denying drivers need to urinate in bottles
Amazon has apologised to a US politician for falsely denying that drivers are, at times, forced to urinate in plastic bottles. Mark Pocan, a Democrat from Wisconsin, referenced Amazon making…
South Korea: $500,000 Graffiti art defaced by spectators at gallery
Graffiti artwork on display in South Korea has been damaged by a couple who thought brushes and paint laid in front of the piece were for visitors’ use. “They thought…
Egypt: Suez Canal traffic jam caused by stuck ship Ever Given ‘cleared’
The last ships stranded by the giant container vessel that was stuck in the Suez Canal have now passed through the waterway, the canal authorities say. More than 400 vessels…