Early Tuesday, the founder of South Korea’s internet giant Kakao was arrested, according to a Seoul court. He faces accusations of stock manipulation during the acquisition…
Browsing: Foreign
Asian markets took a hit on Monday following Joe Biden’s announcement to withdraw from the US presidential race, causing fresh uncertainty. This development, coupled with China’s…
Boeing announced Monday that it has finalized an agreement to acquire Spirit AeroSystems, its subcontractor, in a deal valued at approximately $4.7 billion. This acquisition, involving…
Singapore Seizes $4.4 Billion in Crime-Linked Funds Since 2019 Since 2019, Singapore has confiscated S$6 billion ($4.4 billion) connected to criminal activities and money laundering, aiming…
The World Bank has greenlit a $250 million credit from the International Development Association (IDA) and a $10 million grant from the Energy Sector Management Assistance…
MultiChoice, South Africa’s leading TV giant, reported a pretax loss of 706 million rand ($38 million) for the fiscal year ending in March, attributing the downturn…
The World Bank has approved a $250 million International Development Association (IDA) credit to support Ghana’s five-year Financial Stability Project. This initiative is designed to enhance…
African leaders are calling for urgent reforms to the global financial system, which they argue unfairly penalizes African nations with exorbitant borrowing rates. This demand was…
Jeff Bezos, the renowned entrepreneur and founder of Amazon, has recently divested a significant portion of his shares in the company, totaling over $4 billion (£3.2…
PepsiCo (PEP.O) fell short of analysts’ revenue estimates for the quarter and projected subdued organic growth for 2024 due to increased prices impacting demand for its…