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Author: Edith Austen

Apple warns UK mobile market shake-up could harm users and developers
Posted in Business

Apple warns UK mobile market shake-up could harm users and developers

Estimated read time 2 min read
Posted on August 28, 2025August 29, 2025
by Edith Austen

LONDON: Apple has cautioned that Britain’s push to boost competition in the mobile operating system market may backfire, potentially harming…

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Indian Billionaire Gautam Adani Faces Fresh Scrutiny Over Alleged Iran Sanctions Violations
Posted in US

Indian Billionaire Gautam Adani Faces Fresh Scrutiny Over Alleged Iran Sanctions Violations

Estimated read time 2 min read
Posted on June 3, 2025June 3, 2025
by Edith Austen

NEW YORK —U.S. prosecutors are investigating whether companies linked to Indian billionaire Gautam Adani imported liquefied petroleum gas (LPG) from…

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UK’s Serious Fraud Office Launches Multi-Million Pound Bribery Probe into Microsoft Data Centre Project
Posted in News

UK’s Serious Fraud Office Launches Multi-Million Pound Bribery Probe into Microsoft Data Centre Project

Estimated read time 2 min read
Posted on May 25, 2025May 25, 2025
by Edith Austen

LONDON — The UK Serious Fraud Office (SFO) has launched a major international bribery investigation targeting construction contracts linked to…

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UK Insurance Broker Charged Over Failure to Prevent Bribery in Ecuador
Posted in News

UK Insurance Broker Charged Over Failure to Prevent Bribery in Ecuador

Estimated read time 2 min read
Posted on April 17, 2025May 25, 2025
by Edith Austen

London, 17 April 2025 — The UK’s Serious Fraud Office (SFO) has charged United Insurance Brokers Limited (UIBL) with failing…

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UK Faces Soaring Borrowing Costs as Global Bond Selloff Intensifies
Posted in Local

UK Faces Soaring Borrowing Costs as Global Bond Selloff Intensifies

Estimated read time 3 min read
Posted on April 9, 2025April 9, 2025
by Edith Austen

The United Kingdom’s borrowing costs have surged to their highest level since 1998, driven by a global rout in government…

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Trump’s Tariffs Threaten Vietnam’s Economic Growth Plans
Posted in Asia

Trump’s Tariffs Threaten Vietnam’s Economic Growth Plans

Estimated read time 3 min read
Posted on April 9, 2025
by Edith Austen

SOUTHEAST ASIA — US President Donald Trump’s sweeping tariffs on global trade have officially come into effect — and beyond…

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China’s Yuan Sinks to 19-Month Low Amid Escalating US Trade War
Posted in News

China’s Yuan Sinks to 19-Month Low Amid Escalating US Trade War

Estimated read time 3 min read
Posted on April 9, 2025April 9, 2025
by Edith Austen

HONG KONG: China’s yuan fell to a new 19-month low against the US dollar today, after its offshore counterpart hit…

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UK Dodges Harshest US Tariffs Post-Brexit — But No Time for Celebration
Posted in News

UK Dodges Harshest US Tariffs Post-Brexit — But No Time for Celebration

Estimated read time 4 min read
Posted on April 5, 2025April 5, 2025
by Edith Austen

LONDON: More than four years after officially leaving the European Union, the United Kingdom has managed to avoid the brunt…

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China to Impose Additional 34% Tariff on All U.S. Imports Starting April 10
Posted in Asia Market

China to Impose Additional 34% Tariff on All U.S. Imports Starting April 10

Estimated read time 3 min read
Posted on April 5, 2025
by Edith Austen

BEIJING, April 4 — China will impose an additional 34% tariff on all products imported from the United States beginning…

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Temu’s Chinese Owner Anticipates Slower Revenue Growth
Posted in News

Temu’s Chinese Owner Anticipates Slower Revenue Growth

Estimated read time 2 min read
Posted on March 20, 2025March 20, 2025
by Edith Austen

BEIJING: Chinese e-commerce giant PDD Holdings announced today slower revenue growth for the third quarter running, as the Temu owner…

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