LONDON: British Steel, owned by China’s Jingye Group, has announced plans to shut down its two blast furnaces in Scunthorpe,…
Barclays Wins Dismissal of Two U.S. Lawsuits Over $17.7 Billion Issuance Error
Barclays successfully defeated two U.S. securities fraud lawsuits on Friday related to its unauthorized sale of $17.7 billion in securities—far…
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…