Barclays successfully defeated two U.S. securities fraud lawsuits on Friday related to its unauthorized sale of $17.7 billion in securities—far…
Year: 2025
Heathrow flights resume after massive fire shuts down airport
LONDON, March 21 (Reuters) – Flights at London’s Heathrow Airport resumed late on Friday after a massive fire knocked out…
Thailand arrests Japanese scam network suspect
BANGKOK: Thai police have arrested a Japanese man suspected of running an international scam network, a senior officer said today, as…
Temu’s Chinese Owner Anticipates Slower Revenue Growth
BEIJING: Chinese e-commerce giant PDD Holdings announced today slower revenue growth for the third quarter running, as the Temu owner…
Nvidia-Backed CoreWeave Targets Up to $32 Billion Valuation in U.S. IPO
March 20, 2025 – CoreWeave, a cloud services provider backed by Nvidia, is aiming for a valuation of up to…
UK Watchdog Fines London Metal Exchange Over 2022 Nickel Crisis Handling
LONDON, March 20 – The Financial Conduct Authority (FCA), Britain’s financial regulator, has fined the London Metal Exchange (LME) for…
UK Unemployment Rate Holds at 4.4% as BoE Expected to Maintain Interest Rate
Britain’s unemployment rate remained steady at 4.4% in the three months to January, according to data from the Office for…
Indonesian Bank BJB’s $13.4 Million Corruption Scandal Under Investigation
The Corruption Eradication Commission (KPK) has launched a probe into a corruption case involving the Regional Development Bank of West…
IJM Corp’s UK Expansion: Strategic Move or Risky Bet?
IJM Corp Acquires Stake in JRL Group In November 2024, IJM Corporation Bhd (IJM Corp) announced the acquisition of a…
UK to Cut Welfare Payments in Bid to Curb Rising Costs
LONDON (March 18) – Britain’s Labour government is set to announce plans on Tuesday to reduce spending on disability and…