Elon Musk has accused Apple Inc of threatening to block Twitter Inc from its app store without saying why in a series of tweets that also said the iPhone maker…
Category: Business News
Nigeria: Central Bank launches new banknotes to help curb corruption
Nigeria has launched newly designed currency notes, a move that the West African nation’s central bank says will help curb inflation and money laundering. Experts, however, are sceptical about such…
USA: Elizabeth Holmes sentenced to more than 11 years in prison
A California judge has sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at…
Japan: Inflation soars to 40-year high
Japan’s inflation has risen to its highest level in 40 years as a weak yen drove up commodity prices already surging worldwide. Core consumer inflation, which excludes volatile fresh food…
USA: Regulators approved plan to demolish four dams in river restoration effort
United States regulators approved a plan Thursday to demolish four dams on a California river and open up hundreds of miles of salmon habitat in what will be the largest…
Spain: Police seize 52 tonnes of marijuana, detain 20 people
Spanish police have seized more than 50 tonnes of marijuana, the largest amount of the drug ever confiscated in the country. Eight farms have been dismantled in the northeastern region…
Iran: Tehran confirms release of two seized Greek tankers
Iran has confirmed the release of two Greek oil tankers that it seized in the Gulf in May, ending a months-long diplomatic impasse that has strained relations between Athens and…
Oman: Oil tanker hit by armed drone
An oil tanker associated with an Israeli billionaire has been struck by a bomb-carrying drone off the coast of Oman, in an attack the United States said was most likely conducted…
USA: Musk defends his $56bn pay package at Tesla
Elon Musk has told a court he was completely focused on Tesla in 2017 when the electric car maker was in “crisis”, as he tried to rebut claims that his…
Bahamas: Troubled FTX’s unit seeks bankruptcy protection
The Bahamas unit of troubled crypto exchange FTX has sought protection from creditors in the United States. FTX Digital Markets is seeking protection under Chapter 15 of the US Bankruptcy…