NEW YORK —U.S. prosecutors are investigating whether companies linked to Indian billionaire Gautam Adani imported liquefied petroleum gas (LPG) from…
Author: Edith Austen
UK’s Serious Fraud Office Launches Multi-Million Pound Bribery Probe into Microsoft Data Centre Project
LONDON — The UK Serious Fraud Office (SFO) has launched a major international bribery investigation targeting construction contracts linked to…
UK Insurance Broker Charged Over Failure to Prevent Bribery in Ecuador
London, 17 April 2025 — The UK’s Serious Fraud Office (SFO) has charged United Insurance Brokers Limited (UIBL) with failing…
UK Faces Soaring Borrowing Costs as Global Bond Selloff Intensifies
The United Kingdom’s borrowing costs have surged to their highest level since 1998, driven by a global rout in government…
Trump’s Tariffs Threaten Vietnam’s Economic Growth Plans
SOUTHEAST ASIA — US President Donald Trump’s sweeping tariffs on global trade have officially come into effect — and beyond…
China’s Yuan Sinks to 19-Month Low Amid Escalating US Trade War
HONG KONG: China’s yuan fell to a new 19-month low against the US dollar today, after its offshore counterpart hit…
UK Dodges Harshest US Tariffs Post-Brexit — But No Time for Celebration
LONDON: More than four years after officially leaving the European Union, the United Kingdom has managed to avoid the brunt…
China to Impose Additional 34% Tariff on All U.S. Imports Starting April 10
BEIJING, April 4 — China will impose an additional 34% tariff on all products imported from the United States beginning…
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…