Result Page 261 for Latest Business News & Archive

Former sumo wrestlers stretch during a demonstration for tourists at a Tokyo restaurant that draws sell-out lunchtime crowds

Renewed Interest In Sumo Proves Big Pull For Tourists

Their interest piqued during Covid lockdowns and by a new Netflix drama, a fresh rush of foreign tourists are flocking to Japan for a look inside the insular world of sumo.

Gang Boss Who Threatened Slain Ecuador Candidate Transferred To Max Security

Security forces take part in an operation at Prison 8 in Guayaquil, Ecuador

Ecuador transferred a powerful gang leader, accused of threatening a presidential candidate before he was slain, to a maximum security prison via a massive military and police operation on Saturday, officials said.

Forty Charged After Fatal Stabbing Of Greek Football Fan

Those charged were among more than a hundred arrested by Greek police as part of the investigation into the killing

Greek prosecutors on Saturday charged 40 people in connection with the fatal stabbing of a football supporter in Athens before a Champions League game, officials said.

Selangor chief minister Amirudin Shari and his wife, Masdiana Muhamad, gesture before casting their votes in Saturday's state elections

Malaysia's Anwar Thwarts Opposition Challenge In State Polls

Malaysian Prime Minister Anwar Ibrahim's ruling coalition thwarted a challenge by an opposition alliance in state elections, official results showed Sunday, with analysts saying the win would buy him time to consolidate power in the largely Islamic Southeast Asian nation.

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Former FTX chief Sam Bankman-Fried has seen his bail revoked and has been remanded into federal custody

FTX Founder Sam Bankman-Fried Jailed After Bail Revoked

A US federal judge on Friday ordered FTX founder Sam Bankman-Fried back to prison after prosecutors argued he had violated the conditions of his bail and tampered with witnesses, less than two months before his trial.

Dr. Dre also shaped another household name in hip-hop: Eminem

From East To West To Southern Trap, 50 Years Of Hip-hop

Five decades after a Bronx block party ushered in hip-hop's 'Big Bang' moment, the culture-shifting genre is celebrating its 50th birthday Friday.

Workers prepare to transfer oil from the dilapidated Yemeni tanker FSO Safer (L) to a replacement vessel in a UN-funded operation to avert an environmental catastrophe in the Red Sea

UN Finishes Removing Oil From Decaying Yemen Tanker

The United Nations said Friday it had successfully transferred more than one million barrels of oil from a dilapidated Yemeni tanker, removing the imminent risk of a spill.

Former central bank governor Riad Salameh, who stepped down late last month, is widely viewed as a key culprit in Lebanon's economic crash

Preliminary Audit Report Slams Lebanon Central Bank, Governor

A preliminary forensic audit of Lebanon's central bank by professional services firm Alvarez & Marsal (A&M) has painted a damning picture of the institution under long-serving former governor Riad Salameh.

Map of Deir Ezzor province in eastern Syria

IS Attack On Syria Army Bus Kills 26 Soldiers: Monitor

At least 26 soldiers have been killed in war-torn Syria's east, a monitor said on Friday, the deadliest in a new wave of attacks blamed on Islamic State group jihadists.

The number of Covid cases reported to the WHO rose by 80 percent in the last month, despite testing being reduced in much of the world

Global Covid Cases Up 80% As New Subvariant Rises

The number of new Covid-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization said on Friday, days after designating a new "variant of interest".

The four-day stoppage comes as health chiefs estimated the repeated industrial action had cost the publicly-funded health service £1 billion ($1.2 billion)

UK Govt Accuses Striking Doctors Of Harming Patients

Hospital doctors in England on Friday launched their latest walkout as the government said their strike to demand a 35-percent pay increase served "only to harm patients".

A return of tourism as pandemic restrictions have eased helped boost Europe's economic activity this month

Climate Change Could Make And Break Tourism Fortunes – Who Would Be Winners And Losers?

If the shift in the weather pattern is the case, it could lead to a slowdown and even a reversal of tourism trends between northern and southern Europe, as north Europeans would rather spend their summer vacation time at home than travel in south Europe.

Giorgia Meloni's government announced the 40-percent tax on banks' 'surplus profits' out of the blue

Bank Tax Hits Investor Confidence In Italian Govt

Italian Prime Minister Giorgia Meloni's government watered down its surprise windfall tax on banks this week after a brutal market reaction, but the damage to investor confidence was done.

While US inflation came in below forecasts, traders are still concerned the Federal Reserve could lift interest rates later this year

Markets Struggle Again As US Inflation Fails To Sooth Rate Worries

Asian markets mostly fell Friday as a below-forecast US inflation reading boosted hopes the Federal Reserve will hold interest rates next month but did little to dispel fears it could hike later in the year.

A forthcoming book by professional gambler Billy Walters says Phil Mickelson has wagered more than $1 billion during his career

Mickelson Bets Topped $1 Bn Says Former Gambling Associate

Phil Mickelson has placed bets worth a total of more than $1 billion during his career, including a $400,000 wager on the outcome of the 2012 Ryder Cup, according to excerpts from a forthcoming book published in US media on Thursday.

US President Joe Biden, seen speaking in Belen, New Mexico, on August 9, 2023, has approved the outlines of a deal to free Americans in Iran

Iran Moves Americans To House Arrest In First Step Of Release Deal

Iran has moved five Americans from jail to house arrest, officials and family members said Thursday, in the first step of a delicate deal that would unfreeze billions of dollars in Iranian funds and allow the prisoners to leave the Islamic republic.

X chief executive Linda Yaccarino says that she saw Elon Musk training for a possible cage match with Meta boss Mark Zuckerberg but didn't know for sure whether the pair was serious about a fight

X Chief Yaccarino Claims Renamed Twitter 'Close' To Break-even

Linda Yaccarino, CEO of social media platform X, said Thursday that the company formerly known as Twitter is "close" to breaking even and is hiring to beef up a staff slashed by owner Elon Musk.

From Data Centers to Telecom: The Expanding Horizon of Disaggregated Networks

Traditional network infrastructures face challenges in our digital world. Disaggregated networks, led by innovators like Exaware, present a compelling solution.

The three passengers for Virgin Galactic's first private space tourism flight: (L-R) Anastatia Mayers, 18, Jon Goodwin, 80, and Keisha Schahaff, 46

Virgin Galactic's First Space Tourism Flight Set To Take Off

The long-awaited, first civilian space tourism flight by Virgin Galactic was set for takeoff Thursday, carrying an 80-year-old ex-Olympian and a mother and daughter who won their tickets in a sweepstakes.

Capri Holdings, owner of Michael Kors and other brands, agreed to be acquired by Tapestry for $8.5 billion

Coach Owner To Acquire Michael Kors, Versace Parent In $8.5bn Deal

Tapestry, the US owner of lifestyle brands including Coach and Kate Spade, said Thursday it will acquire Michael Kors parent company Capri for $8.5 billion, creating a new global fashion giant to compete with European powerhouses.

US consumer inflation came in at 3.2 percent in July, ticking up from June's figure according to the Labor Department

US Consumer Inflation Edges Up In July

US consumer inflation inched up in July, government data showed Thursday, rebounding slightly for the first time in around a year and adding pressure on policymakers as they weigh further interest rate hikes.

The Emmys will take place in January 2024 amid the ongling strike by Hollywood actors and writers

Emmys Postponed Until January Over Hollywood Strikes

The Emmy Awards have been postponed by almost four months, organizers said Thursday, as crippling strikes by Hollywood's actors and writers drag on with no resolution in sight.

British household goods company Wilko was founded in 1930 and has 400 stores

UK Retailer Wilko Collapses, Risking 12,500 Jobs

British household goods company Wilko has collapsed owing to big debts, its boss announced Thursday, impacting about 12,500 jobs as high inflation and interest rates hurt consumers and businesses.

An aerial view of damaged buildings as a wildfire burns in Maui, Hawaii, on August 9, 2023

Hawaii Town 'Destroyed' By Wildfire, At Least 36 Dead

At least 36 people have died after a fast-moving wildfire turned a historic Hawaiian town to ashes, officials said Wednesday, as visitors asked to leave the island of Maui found themselves stranded at the airport.

Angry Birds became one of the most successful mobile games ever after its release in 2009

Angry Birds Maker Rovio's Shareholders Accept Sega's Bid

Shareholders of Finland's Rovio, creator of the Angry Birds franchise, have overwhelmingly accepted Japanese Sega's offer to buy the company, allowing the deal to go through, the Finnish company said Thursday.

Map of Ethiopia locating the Tigray and Amhara regions

Ethiopia's Restive Amhara 'Calm' After Govt Claims Militia Retreat

Ethiopia's restive Amhara region was largely "calm" on Thursday, local residents said, after the federal government announced it had driven back militia fighters following days of fierce clashes.

Under pressure to address the air pollution issue, Ocado has pledged that their fleet of delivery vehicles will be electric -- but the community is far from placated

Inner City Delivery Hubs Raise Child Health Fears After UK Court Battle

From the third-floor window of a London primary school, parent Sarah Slotover stares out over the industrial site at the centre of a "David and Goliath" battle between online supermarket Ocado and the community.

Traders will be poring over US inflation data later Thursday, hoping for an idea abou the Federal Reserve's interest rate plans

Asian Markets Follow Wall St Lower Ahead Of US Inflation Report

Stocks fell Thursday ahead of much-anticipated US inflation data, which comes against a backdrop of renewed concerns that the Federal Reserve could announce another interest rate hike before the end of the year.

US President Joe Biden has signed into law major legislation that has pumped billions of dollars into infrastructure, manufacturing, and clean energy projects

Biden Targets China As He Touts Manufacturing Revival At Home

President Joe Biden on Wednesday moved to restrict US investment in Chinese technology during a multi-state tour of the Southwest to tout his push to revive American manufacturing after decades of decline.

A loss of Disney+ subscribers comes as the entertainment industry giant faces off with striking actors and writers over issue such as the use of artificial intelligence in productions

Disney Streaming Service Sees Subscribers Fall Again

Disney on Wednesday reported a loss for the most recent quarter, with the number of subscribers to its streaming service shrinking again, but a pledge to crack down on password sharing sent shares higher in after-market trades.

Disney+ Service Sees Subscriber Numbers Shrink

Disney on Wednesday reported that its Disney+ streaming television service lost more than 10 million subscribers in the recently ended quarter, in large part due to the Indian market.

The Writers Guild of America (WGA) have been on strike for 100 days, crippling TV and film production in Hollywood

Hollywood Writers Slam 'Milestone Of Shame' As Strike Hits 100 Days

Hollywood writers marked the 100th day of their industry-crippling strike Wednesday, dubbing the occasion a "milestone of shame" for studios as the two sides remain deadlocked.

Soaring prices and the loss of value of banknotes mean Cubans have to cram cash into a bag or backpack to pay even minor purchases

Cubans Wary Of Banks As Government Cracks Down On Cash

Accustomed to lugging around thick wads of cash, Cubans are skeptical of government efforts to force them to deposit their money into a crumbling banking system, in an effort to curb runaway inflation and boost liquidity.

White House Office of Science and Technology Policy Director Arati Prabhakar expects thousands of hackers to test the security and safety of artificial intelligence models at Def Con in Las Vegas

White House Offers Prize Money For Hacker-thwarting AI

The White House on Wednesday launched a competition offering millions of dollars in prize money for creating new artificial intelligence systems that can defend critical software from hackers.

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