Bussiness

New twist in clash between US short seller Hindenburg and…

Posted by July 2, 2024

India’s securities regulator has alleged Hindenburg colluded with another entity to help it short Adani Group.Hindenburg Research has denied allegations by In

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4.3%: Why has UK economy grown so slowly under the…

Posted by July 2, 2024

As the United Kingdom gears up for a general election on Thursday, one issue has emerged at the forefront of voters’ minds – the state of the economy. Since

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US Supreme Court sidesteps ruling on Republican-backed social media laws

Posted by July 2, 2024

Top court declines to rule on Texas and Florida laws, but defends social media platforms’ right to moderate content.The United States’s top court has declin

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Nike stock plunges on surprise forecast of drop in sales

Posted by June 28, 2024

It was the worst day ever for the stock with losses wiping out $28.4bn from Nike’s market valuation.Nike’s stock has plunged as a forecast for a surprise dr

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US Supreme Court weakens federal regulators in boost for business

Posted by June 28, 2024

The Supreme Court has upended a 40-year-old decision that made it easier for the United States federal government to regulate the environment, public health, wo

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Growth, inflation, jobs: Biden and Trump’s economic records compared

Posted by June 28, 2024

United States President Joe Biden and former US President Donald Trump’s first debate of the 2024 campaign has refocused attention on their respective economi

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OpenAI, Microsoft sued by news nonprofit for copyright infringement

Posted by June 28, 2024

Lawsuit by the Center for Investigative Reporting comes after similar claims by The New York Times and other newspapers.OpenAI and its main backer Microsoft are

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US charges 193 people in $2.7bn healthcare fraud crackdown

Posted by June 27, 2024

Nearly 200 people have been charged in a sweeping nationwide crackdown on healthcare fraud schemes with false claims topping $2.7bn, the United States Departmen

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Japan signals it may prop up yen after currency falls…

Posted by June 27, 2024

Japanese Finance Minister Shunichi Suzuki says authorities watching currency’s slide with ‘sense of urgency’.Japan has signalled it may intervene to prop

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Amazon to launch discount section with direct shipping from China:…

Posted by June 26, 2024

The shopping section is Amazon’s most aggressive response to the growth of bargain sites like Temu and Shein.Amazon.com plans to launch a section on its shopp

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£10,200: How much worse off Britons are after 14 years…

Posted by June 26, 2024

After 14 years of Conservative Party government, a person in the United Kingdom is much worse off than if the economy had continued to grow as fast as its pre-2

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16 Nobel Prize-winning economists warn Trump would ‘reignite’ inflation

Posted by June 26, 2024

Joseph E Stiglitz and other Nobel laureates say former president threatens US’s standing in the world.Sixteen Nobel prize-winning economists have signed a let

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