The controversial practice of trapping birds on glue-covered twigs cannot be allowed even as a tradition, the European Court of Justice has ruled. French hunters were told to suspend glue-trapping…
Category: Business News
USA: Stripe plots European expansion after $95bn valuation
America’s most valuable start-up, Stripe, is plotting a major expansion in Europe. The firm, which is worth $95bn (£68bn), plans to add 1,000 jobs in Ireland alone over the next…
USA: Elon Musk changes job title to ‘Technoking of Tesla’
Elon Musk has dropped his chief executive job title and crowned himself “Technoking of Tesla”. Mr Musk will still retain his position of chief within the company, the US Securities…
Finland: Nokia to cut up to 10,000 jobs worldwide
Finnish telecoms giant Nokia is to axe between 5,000 and 10,000 jobs worldwide in the next two years as it cuts costs. It is unclear where the bulk of the…
Bitcoin surges past $60,000 for first time
Cryptocurrency Bitcoin has risen for the first time above $60,000 (£43,100), continuing its record-breaking run. Bitcoin – which has more than tripled in value since the end of last year…
China: Henan Zoo tries to pass a dog for an African Lion
An animal described as an African lion at a Chinese zoo was exposed as a fraud – when the creature started barking in front of visitors. Chinese media reports said…
Hong Kong: Cathay Pacific posts record $2.8bn loss for 2020
Hong Kong’s Cathay Pacific Airways has reported a record annual loss of $2.8bn (£2bn) for 2020. Its poor results were due to a sharp downturn in travel during the pandemic…
Global: White hat bounty hackers become millionaires
Hackers earned a record $40m (£28m) in 2020 for reporting software flaws via a leading bug bounty reporting service. HackerOne said nine hackers made more than $1m each after it…
Arctic: Mining firm pays record $2bn fine over oil spill
A mining firm has paid a record $2bn (£1.4bn) fine over a huge oil spill that caused one of Russia’s worst environmental disasters. Norilsk Nickel, the world’s leading nickel and…
China: Trader gets painted stones instead of $36m of copper
A commodities trader was given painted stones instead of $36m (£26m) of copper from a Turkish supplier in a fraudulent deal last summer. Geneva-based Mercuria Energy Group says it’s been…