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Canada At A Crossroads: Leadership Transition As Trudeau To Resign 01/07/2025

UK Government Cracks Down On Deepfake Technology With New Criminal Offenses To Protect Women And Girls 01/07/2025

U.S. Federal Reserve Shifts Focus To Stabilization Amid Economic Uncertainty 01/08/2025

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Business & Finance

Stock Market Listing Regulations Made Stricter By India's Market Regulator

After a record year of Initial Public Offerings (IPOs), India's market regulator stiffened regulations for firms going public earlier this week, in a potential stalling of some of the planned new issues as the regulator strives to protect the interests of regular investors of the country as well as...

Didi Reports Revenue Drop As Domestic Business Hit By China's Regulatory Crackdown

Didi Global, the Chinese ride-hailing company, announced a 1.7 per cent drop in the revenues generated by it in the third quarter on Wednesday as it pinned the blame for its lackluster performance on a crackdown by the Chinese regulators on its domestic business. Daniel Zhang, the CEO of...

Samsung in talks to buy US pharma company Biogen

South Korea's Samsung Group could make its biggest overseas acquisition in its history - buying US neurological disorder drug maker Biogen. The Korea Economic Daily (KED) was the first to report on the deal, citing sources in the country's investment banks. According to the newspaper, the Korean...

Thai Jasmine Technology holds 2021 record of growth in IT sector

According to Bloomberg, Thai Jasmine Technology Solutions' stock surged 7,000 percent in 2021, the greatest performance among technology businesses with a market capitalization of more than $2 billion. Jasmine Technology's stock more than tripled after the business revealed in July that it will...

Indonesia Removes Ban On Boeing 737 Max After 2018 Lion Air Crash

More than three years since the Lion Air accident, which resulted in the deaths of all 189 people on board, Indonesia has removed its ban on the Boeing 737 Max, which was involved in the crash. After a catastrophic incident involving an Ethiopian Airlines 737 Max in March 2019, the...

Evergrande: Work has resumed on 92% of sites

Chinese property developer Evergrande, which is teetering on the brink of default, has announced that work has resumed on 92 per cent of its properties. Billionaire Hui Ka Yan, who founded the company, has promised that buyers will receive the keys to 39,000 flats this month. Evergrande has resumed...

Premium champagne rises by 34% in a year amid investor interest

Vintage champagne wines, such as Dom Perignon and Krug, have risen by almost 34% over the year on the back of investor interest. Premium wines have even outpaced some stock markets in terms of price growth. Premium champagne wines, such as Dom Perignon 2008 and Krug 2000, have risen markedly in...

NatWest Accepts Guilt To Fraud Charges In US And Pay $35 Mln In Fines

On Tuesday, a unit of NatWest Group agreed to pay $35 million and pleaded guilty in connection to a long-running scheme of some traders to manipulate U.S. Treasury bond markets. NatWest Markets, the lender's investment bank, admitted that its traders participated in schemes to manipulate...

Visa acquires fintech platform Currencycloud

Visa, one of the world's largest global payment systems, has completed the purchase of UK-based cross-border payment technology provider Currencycloud, Visa said in a statement. "Visa today announced the completion of the acquisition of Currencycloud, a global platform that enables banks and...

Plans Of Expansion Into NFTs Announced By Controversial Social Media App Parler

The popularity of non-fungible tokens (NFT) is steadily growing around the world. The latest company to join the bandwagon is the social media platform Parler which has recently announced its decision to venture into NFTs marking the rapid pace of this digital asset into many...