LONDON: Chinese-owned luxury carmaker Lotus is set to slash up to 550 jobs in the UK—more than 40% of its…
Apple warns UK mobile market shake-up could harm users and developers
LONDON: Apple has cautioned that Britain’s push to boost competition in the mobile operating system market may backfire, potentially harming…
Danantara signals readiness to stabilise Whoosh’s finances
JAKARTA:Daya Anagata Nusantara (Danantara) has declared its readiness to intervene in addressing the financial strain facing Indonesia’s Jakarta–Bandung high-speed rail…
JPMorgan to Pay US$330m to Malaysia to Settle 1MDB Claims
New York/Kuala Lumpur – JPMorgan Chase & Co has agreed to pay US$330 million (RM1.4 billion) to Malaysia to settle…
Uber Loses Supreme Court Appeal Over VAT Rules on Rival Operators in UK
LONDON –Uber has lost its bid at the UK Supreme Court to impose a 20% value-added tax (VAT) on rival…
SFO Freezes Crypto Assets Tied to Arena TV Scandal in First Use of New Powers
LONDON, July 22 — The UK’s Serious Fraud Office (SFO) has frozen over £11,000 in cryptocurrency assets as part of…
UK Green‑lights £38 Billion Sizewell C Nuclear Plant to Secure Future Energy
LONDON, July 22 — The UK government has granted final investment approval for the £38 billion Sizewell C nuclear power station,…
UK and OpenAI Forge Strategic AI Partnership
The UK government and OpenAI—the creator of ChatGPT—have entered into a strategic partnership to bolster AI security research and explore…
BP Exits US Onshore Wind Sector in Strategic Shift Toward Core Energy Business
LONDON, July 18 — British energy giant BP has announced the sale of its entire U.S. onshore wind business to…
Singapore Slaps Major Banks with £15.9 Million in Fines over Record Money Laundering Scandal
SINGAPORE – Singapore’s central bank has fined nine prominent financial institutions, including global giants Citibank and UBS, over lapses linked…