United States Federal prosecutors are trying to prevent convicted FTX co-founder Sam Bankman-Fried from using encrypted messaging software, mentioning attempts that could “constitute witness tampering,” according to a letter filed in Manhattan federal court recently. Bankman-Fried contacted the “current General Counsel… Read More ›
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Smartphone Sale In China In 2022 Was Lowest In A Decade
According to third-party research firms, China’s smartphone sales fell 13% to their lowest level in a decade in 2022 as COVID controls and a slowing economy sapped consumer appetite. In total, 286 million devices were shipped, down from 329 million… Read More ›
Bill Gates Invests In Australian Start-Up Dealing In Reducing Methane In Cow Burps
An Australian climate technology start-up that is focused on bringing down the methane that is emitted through cow burps has got captured the attention of the billionaire Bill Gates who has invested in the start-up. Apart from carbon dioxide (CO2),… Read More ›
Jaguar Land Rover Expects Free Cash Flow To Exceed $485 Million In The Third Quarter
JLR forecasted free cash flow for the third quarter of more than 400 million pounds ($485 million) on Monday, after reporting a 15% increase in wholesale volumes for the period due to strong demand and improved chip supply. In its… Read More ›
More Than 80% Of Its Population Have Been Infected Already With Covid, Says Chinese Health Official
A prominent government scientist from China said on Saturday that the probability of a large Covid-19 uptick in China within the next two or three months is distant because 80% of individuals in the country have already been infected by the virus. The… Read More ›
Adani Group Of India Intends To Demerge More Businesses While Dismissing Concerns Over Its Debt Levels
India’s Adani Group, led by billionaire Gautam Adani, has stated that it intends to spin off more businesses by 2028 and dismisses any debt concerns. According to Chief Financial Officer Jugeshinder Singh, the corporate house intends to spin off or… Read More ›
Staff Are Losing Faith In The ECB’s Leadership Due To Concerns About Inflation And Pay
According to a survey conducted by trade union IPSO, European Central Bank employees are losing faith in the institution’s leadership as a result of the ECB’s failure to control inflation and a pay raise that lagged the rise in prices…. Read More ›
With The Common Man Grappling With The Cost-Of-Living Crisis, Only One G-7 Leader To Attend Davos Elite This Year
The only G-7 leader scheduled to attend the World Economic Forum’s annual summit in Davos next week is German Chancellor Olaf Scholz, who will speak on the main stage for the second time since taking office in 2021. It is… Read More ›
South Koreans Spend The Highest Globally On Luxury Goods
South Koreans are the world’s biggest spenders on personal luxury goods per capita, according to Morgan Stanley, whether it’s calf-leather Italian Prada bags or classic, checkered British Burberry trench coats. According to the investment bank, total South Korean spending on… Read More ›
Review Of The UK’s ‘Golden Visas’ Reveals The Risk Of Linkage To Illicit Money
According to the British government, a small number of people who obtained so-called “golden visas” for wealthy investors may have obtained their wealth through corruption or other illegal financial activity. In the days before the invasion of Ukraine, the government… Read More ›