Result Page 233 for Latest Business News & Archive

A hit biography of Elon Musk describes the turbulent tycoon as a man driven by childhood demons, obsessed with bringing human life to Mars and who demands that staff be 'hardcore'

Bestseller Musk Biography To Be Adapted Into Film

A top-selling biography of billionaire Elon Musk is being adapted into a film with prolific US director Darren Aronofsky already attached, production company A24 said Friday.

Prince Harry Wins Latest Round In Legal Battle With UK Newspapers

Singer Elton John is one of the six other claimants in the case

The publishers of two UK newspapers on Friday lost a bid to have a case for unlawful information gathering brought against them by Prince Harry and others thrown out of court, opening the way for a possible trial.

NatWest Bank Slashes Ex-CEO Payout Over Farage Row

Former NatWest bank CEO Alison Rose has admitted making a 'serious error of judgment' in speaking to a reporter about the banking affairs of arch-Brexiteer Nigel Farage

British bank NatWest on Friday said it had axed almost GBP7.6 million ($9.3 million) worth of potential payouts for Alison Rose, its former chief executive who resigned over the lender's treatment of arch-Brexiteer Nigel Farage.

Israeli army ground operations in the Gaza Strip

Palestinians Say Deadly Strike Hit Gaza Hospital

Palestinians said Friday a deadly strike hit Gaza's largest hospital compound as heavy fighting between Hamas and Israel has sent tens of thousands of civilians fleeing their homes.

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The past year has seen a series of huge rallies against Hasina's administration by protesters demanding that a neutral caretaker government preside over elections

Nobel Laureate Yunus Decries Bangladesh Smear Campaign From 'Powerful Quarters'

Nobel peace laureate Muhammad Yunus has condemned what he says is a smear campaign driven by "powerful quarters", telling AFP that news outlets in Bangladesh have falsely accused him of corruption as he fights a slew of court cases.

Graphic showing major ethnic armed groups in Myanmar.

Northern Myanmar Fighting Displaces Almost 50,000 Civilians: UN

Almost 50,000 people have been displaced by fighting in northern Myanmar after an alliance of ethnic armed groups launched an offensive against the military two weeks ago, the United Nations said Friday.

Apple co-founder Steve Wozniak speaks at the World Business Forum in Hong Kong on June 2, 2015

Apple Co-Founder Steve Wozniak Had 'Minor' Stroke: Report

Apple co-founder Steve Wozniak suffered a "minor" stroke in Mexico but has left hospital and is returning to the United States, he told ABC News on Thursday.

Federal Reserve boss Jerome Powell reminded investors that the door was still open for another interest rate hike

Equities In Retreat As Powell Warns Rate Hikes Still On Table

Asian stocks sank Friday and the dollar held gains after Federal Reserve boss Jerome Powell warned he "will not hesitate" to hike interest rates further in his quest to bring inflation to heel.

Quebec Premier Francois Legault has said he is not ruling out banning protests related to the Mideast conflict

Shots Fired At Two Jewish Schools In Canada, No Injuries

Two Jewish schools in Montreal were hit by gunfire overnight, police said Thursday, amid spiking tensions in Canada over the Israel-Hamas war.

Fed boss Jerome Powell's speech at Jackson Hole will be closely followed by investors

Powell Says Fed Isn't Convinced Rates Have Increased Enough

In a more hawkish speech, the Fed chair warned against "head fakes" from inflation.

A child watches smoke rising from the Jenin Palestinian refugee camp, during clashes after an Israeli raid

Deadliest Israel Army Raid In Years Kills 14 In West Bank City

Israeli forces on Thursday killed 18 Palestinians across the occupied West Bank, the territory's health ministry said, most of them shot dead during an army raid on Jenin.

The US Federal Reserve is widely expected to hold interest rates steady at the end of its two-day gathering starting Tuesday

Fed Officials See 'Progress' On Slowing Inflation, More Data Needed

Tom Barkin said the economy is still to show impacts of higher rates, while Michelle Bowman said the current rate appears to be "restrictive."

The EU's executive arm said it wanted to know what measures TikTok and YouTube have taken to comply with a landmark EU law

EU Opens Probe Into TikTok, YouTube Over Child Protection

The EU announced investigations on Thursday into YouTube and TikTok to find out what action the US and Chinese-owned platforms are taking to ensure the safety of minors on their platforms.

The EU claimed Apple parked untaxed revenue earned in Europe, Africa, the Middle East and India in Ireland

EU Court Advisor Recommends New Ruling In Apple Tax Case

The European Court of Justice's top legal advisor recommended on Thursday that an EU court make a new ruling in the long-running 13-billion-euro ($14-billion) tax case between Apple and Brussels.

The next title in the GTA series is widely expected to be the biggest game of the decade

Five Things To Know About The Blockbuster GTA Games

Rockstar Games, the studio behind the blockbuster Grand Theft Auto series, has said it will release the trailer for the next instalment in December, setting the gaming world abuzz.

A weaker yen has helped boost Sony's gaming and music sectors

Sony Hikes Annual Sales Outlook On Strong Game, Music Performance

Japanese electronics titan Sony lifted its full-year net profit and sales forecasts on Thursday, citing strength in the company's gaming, music and image-sensor sectors.

Myanmar's junta-backed president Myint Swe, pictured here in 2013

Armed Rebellion Risks Break-up Of Myanmar: Junta-backed President

Myanmar's junta-backed president said the country is at risk of breaking apart if the military cannot crush a joint offensive by ethnic armed groups along the border with China, state media reported Thursday.

Starbucks Keeps The Hype For Lattes Alive As It Turns From A 'Third Place' To 'Convenience Place'

Last week, the world's largest coffee shop chain reported solid financial results for the fourth quarter of 2023.

Australian telecoms giant Optus has repeatedly apologised for Wednesday's communications outage, though not yet offered a full explanation of the root cause

Australia Launches Investigation Into Major Telecoms Outage

Australia's government on Thursday launched an investigation into a nationwide communications outage that crippled phone lines and severed internet access for 10 million customers.

The headquarters of Coca-Cola Croatia which has been ordered to withdraw some drinks over a food poisoning scare

Croatia Recalls Some Coca-Cola Products Over Intoxication Scare

Croatian authorities on Wednesday ordered Coca-Cola to withdraw some drinks after food poisoning cases were reported in three cities.

Disney+ Adds Subscribers Amid Cost-cutting Campaign

Disney's streaming service has attracted nearly seven million new subscribers, the company said Wednesday, reversing a period of decline that had raised doubts about its rivalry with industry leader Netflix.

According to its 2021 annual report, the Disney group employed 190,000 people worldwide as of October 2 of that year

Disney Profit, Streaming Subscribers Beat Analysts' Expectations

Disney also announced an increase in its goal for cost cuts.

A shopping cart is seen in a Target store in the Brooklyn borough of New York

New York Mayor Eric Adams Mobilizes Task Force To Tackle Rising Retail Theft Crisis

The task force will guide the Adams administration on legislative solutions, improve intelligence sharing and ensure best practices implementation.

Citibank To Pay $25.9 Million For Discrimination Against Armenian Americans

The CFPB said the bank treated credit card applicants as criminals.

Fed Chair Jerome Powell will speak to reporters after the Fed's decision is announced

Powell Asks For 'Flexibility And Agility' From Fed Economists

The Federal Reserve chair didn't discuss the economy or interest rates in his speech.

The US housing sector became a popular place despite the overall economic downturn caused by the Covid-19 pandemic, as cheap mortgage rates and the disruptions caused by the virus spurred people to shop for homes

Mortgage Rates See Biggest Drop In More Than A Year

Applications for mortgages rose as lenders tried to take advantage of lower rates.

The SEC said Under Armour pulled foward future sales to avoid missing analyst revenue forecasts

Under Armour Cuts Forecast For Annual Sales On Sluggish North America

The company shares gained as it raised guidance for gross margin.

Nicolas Sarkozy appeared in person for the hearing

Appeal Hearing Opens Into Sarkozy's 2012 Campaign Fraud

A Paris court on Wednesday began hearing former president Nicolas Sarkozy's appeal against his conviction for illegal campaign financing in a failed 2012 re-election bid.

Former Nissan chairman Carlos Ghosn made a dramatic escape from Japan hidden in an audio-equipment box in 2019

Nissan, Renault Launch 'Rebalanced' Alliance

French automaker Renault and Japanese partner Nissan officially launched their "rebalanced" alliance on Wednesday as they seek to reset a rocky 24-year-old partnership.

Police said fresh violence broke out after 4,000 people staged protests rejecting the wage decision

Bangladesh Garment Worker Shot Dead In New Wage Protests

A Bangladeshi woman was shot dead Wednesday in the latest violent protests by garment workers after they rejected a government wage increase offer, with the victim's husband blaming the police.

Bayer brought in a new CEO this year to steer the company in a new direction after a series of problems

Chemical Giant Bayer To Cut Management Jobs After Huge Loss

German chemicals giant Bayer said Wednesday it would cut management jobs and was examining splitting off one of its divisions after reporting a massive third-quarter loss.

Australian communications company Optus was hit by a major service outage on Wednesday

Telecoms Outage Cuts Off Millions Of Australians

More than 10 million Australians were cut off from internet and phone services on Wednesday after unexplained outages struck one of the country's largest communications companies.

Demand worries are weighing on oil prices

Asian Markets Drift As Traders Weigh Outlook For Rates

Asian markets fluctuated Wednesday as investors tried to figure out the Federal Reserve's interest rate plans, while demand concerns saw oil prices struggling to recover from the previous day's plunge.