Business & Finance
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Uber Spends $2.3B to Enter Catering With Square Acquisition
Uber is spending $2.3 billion to acquire Square's catering business, marking the ride-hailing giant's first major move into the corporate...
McDonald’s Sued Over AI Pricing Tool Accused of Fixing Menu Prices
McDonald's is facing a federal class action lawsuit alleging its AI-powered pricing system illegally coordinates menu prices across independently owned...
UK Regulator Ofcom Investigates Meta Over Instagram Instants Feature
Mark Zuckerberg's Meta is under investigation for a potential breach of the UK's digital safety laws after launching a Snapchat-style...
Hackers Claim 54 Million Airbnb, Uber, Google Records for Sale
A threat actor calling themselves Marx is advertising a massive dataset for sale, including millions of records allegedly stolen from...
Polymarket To Challenge Netherlands’ Ban In Court
American prediction market platform Polymarket is set to challenge in court a ban imposed on its operations in the Netherlands,...
China’s Bank Closures Surge As Beijing Moves To Shore Up Financial System
China is stepping up efforts to consolidate its smaller and predominantly rural banks as authorities seek to strengthen the country’s...
Lawmakers Demand Action After 7-Eleven, Circle K Overcharge Probe
Five US House members have called for action against the nation's two largest convenience store chains following an investigation that...
Tony Elumelu Buys $71M Seplat Shares Ahead of Chairmanship
Nigerian investor Tony Elumelu has increased his interest in Seplat Energy, buying another six million shares through a company he...
U.S. and Europe at Odds Over Releasing Emergency Diesel Reserves
Rising U.S. diesel prices are creating fresh friction between the U.S. and its European partners as both sides search for...
Tesla Takes $30 Billion Loan as Profits Dwindle, Spending Soars
Tesla has opened $30 billion in lines of credit, according to a regulatory filing, as the company's profits have dropped...
Disney Cuts About 300 Jobs In Latest Round Of Layoffs
Disney has eliminated about 300 jobs in its latest workforce reduction since Josh D’Amaro became chief executive earlier this year,...
Trump to Announce $54 Billion South Korea Alaska LNG Investment
President Donald Trump is expected to announce a plan Wednesday afternoon for South Korea to invest $54 billion to build...
Trump Loses Bid To Lift Sanctions In IRS Tax-Return Lawsuit
A US federal appeals court has rejected President Donald Trump’s request to immediately suspend sanctions imposed on his lawyers over...
Dangote To Launch $16bn Lamu Refinery Amid Land Compensation Dispute
Nigerian businessman Aliko Dangote and Kenyan President William Ruto are expected to formally launch construction of a $16bn oil refinery...
Air Canada Extends Dubai Flight Suspension Until March 2027
Air Canada has extended the suspension of its flights between Toronto and Dubai until the end of March 2027, citing...
