Russia’s crude price exceeds G7 price cap as market braces for supply crunch
The G7’s oil price cap mechanism is designed to retain Russian flows in the market…
Month: July 2023
UK regulator extends deadline for Microsoft-Activision probe by six weeks
The extension will give the watchdog more time to review proposals by the two parties…
Singaporean billionaire given arrest notice in anti-graft probe involving country’s transport minister
Ong, managing director of Singapore-listed hotel owner and operator Hotel Properties Limited, has been asked…
Mozambique ex-finance minister denied bail in New York over $2 billion ‘tuna bond’ scandal
Judge Nicholas Garaufis denied the defendant’s request for bail, deeming Manuel Chang a flight risk.
Israel’s economy will see a recession next year as protests persist, says former central bank deputy governor
Tens of thousands took to the streets earlier this week after the Israeli Parliament advanced…
Philippine farmer killings revive dark memories of martial law
Killings by alleged state forces in the rural Philippines are getting more frequent and more…
Singapore avoids technical recession as economy grows 0.7% year-on-year in second quarter
Earlier this month, the Monetary Authority of Singapore warned of an “uncertain” growth outlook.
US watchdog probes ChatGPT maker OpenAI over false information
US Federal Trade Commission asks startup to provide information about safeguards amid reports of defamatory…
Russia-Ukraine war: List of key events, day 506
As the conflict enters its 506th day, these are the main developments.
Singapore avoids technical recession as economy grows 0.7% year-on-year in second quarter
Earlier this month, the Monetary Authority of Singapore warned of an “uncertain” growth outlook.
WHO says soda sweetener aspartame may cause cancer, but it’s safe within limits
The International Agency for Research on Cancer identified a possible link between aspartame and a…
Founder of crypto lender Celsius Network says not guilty of fraud
Alex Mashinsky was charged with seven criminal counts – including securities fraud, commodities fraud and…
Elon Musk’s SpaceX nears $150 billion valuation after secondary share sale
The valuation of Elon Musk’s SpaceX hit near $150 billion following a share sale by…
Former Celsius CEO arrested, company agrees to pay $4.7 billion settlement
Ex-Celsius CEO Alex Mashinsky was arrested on federal securities fraud charges as the FTC announced…
Canadian West Coast ports strike is over, but it will take weeks for supply chain to recover
The West Coast port strike is over, with ILWU Canada and port owners reaching a…
US firefighters raise concerns over looming pay cut
Poorly paid and stretched thin during gruelling wildfire seasons, firefighters warn of ‘devastating’ wave of…
Disney pulling back on making Marvel, Star Wars content, Iger says
Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on…
More than 300 including lawmaker arrested after Kenya protests
Police blasted for heavy-handed response to deadly protests but authorities say ‘acts of lawlessness’ won’t…
Former Celsius CEO arrested, company agrees to pay $4.7 billion settlement
Ex-Celsius CEO Alex Mashinsky was arrested on federal securities fraud charges as the FTC announced…
