The dollar has rallied on Donald Trump’s presidential victory. Donald Trump will soon be back in the top job, and the US dollar has risen on the back of his presidential election victory. It has hit the strongest level in a year, days after he was elected. The rally makes…
The Department of Justice said Google had ‘deprived rivals’ of opportunities to expand their search engine market share. Alphabet’s Google should be forced to sell its Chrome browser and share data with competitors, prosecutors in the United States have argued, as part of a list of proposals intended to end…
Hwang had been convicted in July on 10 criminal charges including wire and securities fraud, market manipulation. Former billionaire investor Sung Kook “Bill” Hwang has been sentenced to 18 years in prison over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10bn. Hwang was sentenced…
Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. On Wednesday authorities charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani…
Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant as people increasingly swap out their cable TV subscriptions for streaming platforms. Those one-time stars of Comcast’s NBCUniversal cable television networks include USA, Oxygen, E!, SYFY and the Golf Channel…
Farmers say the tax will destroy family farms and threaten food production, while the gov’t says it’s needed to raise funds. British farmers have descended on London to call on the government to scrap inheritance tax rules on land ownership, which they say will destroy family-run farms. On Tuesday, protesters…
Spirit Airlines, the no-frills US travel pioneer, has filed for bankruptcy protection after struggling with years of losses, failed merger attempts and heavy debt levels, the company said. The Florida-based airline said on Monday that it had pre-arranged a deal with its bondholders to restructure its debts and raise money…
Colombo, Sri Lanka – Abdul Rahuman Seyyadu Sulaiman, 56, wanted to be heard. As Sri Lankan President Anura Kumara Dissanayake left the polling station at the Abeysingharama Temple in Maradana, Colombo, on Thursday, Sulaiman called out to him, urging him to stop and listen to his grievances. The police quickly accosted…
On Thursday, US President-elect Donald Trump nominated vaccine sceptic Robert F Kennedy Jr to head up the country’s top health agency, the Department of Health and Human Services. “I am thrilled to announce Robert F Kennedy Jr as the United States Secretary of Health and Human Services [HHS],” Trump wrote…
The United Kingdom will study whether the use of weight loss drugs could get people back to work. UK Health Minister Wes Streeting announced last month that US drug manufacturer Eli Lilly will begin a five-year trial in Greater Manchester to test if the company’s weight loss drug could curb…
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