BUSINESS

Many wronged subpostmasters ended up bankrupt and shunned by their communities. Some were jailed

Wronged UK Postmasters To Have Convictions Quashed

Hundreds of UK subpostmasters wrongly prosecuted for dishonesty due to a faulty software scandal will have their convictions automatically quashed, Prime Minister Rishi Sunak's office said on Wednesday.
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US consumer price gains accelerated unexpectedly in February, according to government data, with energy costs rising

US Consumer Inflation Up Unexpectedly In February

Consumer inflation posted a surprise acceleration in February, US government data showed Tuesday, a development that could give policymakers pause as they mull the right time to start interest rate cuts.
Finnish conductor and composer Esa-Pekka Salonen (L) and US disco legend Nile Rodgers

'Le Freak's Nile Rodgers Wins Swedish Music Prize

US disco legend Nile Rodgers, whose hits include "Le Freak" and "Good Times", won Sweden's 2024 Polar Music Prize with Finnish conductor and composer Esa-Pekka Salonen, the jury said on Tuesday.
Lego sales reached a new high last year

Lego Steams Ahead Despite Struggling Toy Market

Lego cemented its position as the world's biggest toymaker last year despite logging its first decline in net profit since 2017 and slumping sales in China, company results showed Tuesday.
Rights groups say Falun Gong is persecuted by China

'Shen Yun' Slides Anti-Beijing Message Into Colourful Dance

An image of a dancer balancing on the words "China Before Communism" looms over Parisian commuters catching the morning metro, signalling the annual return of Shen Yun, a controversial spectacle of traditional Chinese dance mixed with vehement criticism of Beijing and conservative rhetoric.
The Oscars, hosted by Jimmy Kimmel, featured a funny skit involving an (almost) naked John Cena

Oscars Ratings Climb To Almost 20 Mn As 'Oppenheimer' Reigns

Wins for "Oppenheimer," live musical performances from "Barbie" and an (almost) naked John Cena helped lift Oscars ratings for a third consecutive year, early viewing figures showed Monday, as 19.5 million tuned in to watch Hollywood's big night.
A spokesperson for Chile-based LATAM airlines said 'a technical event during the flight' had 'caused a strong movement'

12 Hospitalised After Technical Problem On Boeing-made LATAM Flight

Twelve passengers were hospitalised Monday after a technical problem on a LATAM flight from Sydney to Auckland caused the Boeing-made plane to dip violently, the airline and first responders told AFP. At least one person was in serious condition after flight LA800 experienced an unspecified "technical event" over the Tasman Sea.
British businessman Sanjay Shah, seen in a courtroom sketch here, is accused of running a nine-billion-kroner ($1.32-billion) scam that enabled companies he controlled to fraudulently claim Danish tax refunds

British Trader On Trial In Denmark For Massive Fraud

A British hedge fund trader accused of defrauding Danish tax authorities in a billion-dollar scam went on trial in Copenhagen on Monday, with the government hoping to recover the money in the blockbuster case.
'The Holdovers' breakout star Dominic Sessa said he was trying to take it all in at his first Oscars -- for his first film

Nerves And Euphoria Backstage At Oscars

Amid the backslapping, frenzied chatter and free-flowing champagne at the bars inside the Hollywood theater where the Oscars are held, one small group look significantly more tense -- the nominees.
Alphabet Inc. and Google CEO Sundar Pichai attends the inauguration of a Google AI hub in Paris in February 2024

Led By Musk, Silicon Valley Inches To The Right

Since his tumultuous takeover of Twitter, Elon Musk has made an unabashed turn to the right politically, defying the orthodoxy that Silicon Valley is a citadel of well-heeled liberals beholden to Democrats.

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