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Stoli Vodka Files For Bankruptcy In The U.S.
Stoli Group USA, owner of the iconic vodka brand, has filed for bankruptcy, citing declining demand for spirits, a major cyberattack that...

By The Financial District
Dec 10, 20241 min read


U.S. House To Vote On $3 Billion To Remove Chinese Telecom Gear
The US House of Representatives will vote next week on a defense bill allocating over $3 billion to help US telecom companies remove...

By The Financial District
Dec 10, 20241 min read


Huawei Narrows Gap With Apple In China's Premium Smartphone Market
Huawei Technologies continues to gain ground on Apple in mainland China’s high-end smartphone market, growing its shipments of premium...

By The Financial District
Dec 10, 20241 min read


U.S. Approves Export Of Advanced AI Chips To UAE Under Microsoft Deal
The US government has approved the export of advanced artificial intelligence (AI) chips to a Microsoft-operated facility in the United...

By The Financial District
Dec 10, 20241 min read


Mali Junta Seeks Arrest Of Barrick CEO Over Money Laundering
Mark Bristow, who has spent three decades navigating civil wars and coups to build some of Africa’s richest gold mines, is now facing...

By The Financial District
Dec 10, 20242 min read


Major Canadian News Outlets Sue OpenAI
A coalition of Canada's largest news organizations has filed a lawsuit against OpenAI, the developer of the ChatGPT artificial...

By The Financial District
Dec 10, 20241 min read


Boeing’s Top Lobbyist Departs Amid Company Scrutiny
Boeing’s CEO, Kelly Ortberg, announced the immediate departure of the company’s head of government affairs and top lobbyist, Ziad Ojakli.

By The Financial District
Dec 10, 20241 min read


U.S. Court Upholds TikTok Divestiture Law
A US federal appeals court has upheld a government order requiring ByteDance, the Chinese parent company of TikTok, to divest its stake in..

By The Financial District
Dec 10, 20241 min read


HPE CEO Optimistic About $14-B Juniper Networks Acquisition
Hewlett Packard Enterprise (HPE) CEO Antonio Neri expressed confidence that the company’s $14 billion acquisition of Juniper Networks will..

By The Financial District
Dec 10, 20241 min read


Zuckerberg Reportedly Aligns Meta With Trump Administration Priorities
Meta CEO Mark Zuckerberg appears eager to align his company with the anticipated return of Donald Trump to the White House, signaling a...

By The Financial District
Dec 10, 20241 min read


PITX Projects 3 Million Passengers This Holiday Season, Ensuring “Biyaheng Ayos” For All
The Parañaque Integrated Terminal Exchange (PITX) is gearing up to accommodate approximately 3 million passengers between December 20...

By The Financial District
Dec 9, 20242 min read


AstraZeneca Appoints New China Chief After Detained Executive
AstraZeneca has named Iskra Reic as its new head of China operations, replacing Leon Wang, who is under investigation and currently...

By The Financial District
Dec 9, 20241 min read


Nissan CFO Stephen Ma To Step Down: Bloomberg News
Stephen Ma, Chief Financial Officer of Nissan Motor, is set to step down.

By The Financial District
Dec 9, 20241 min read


Chief Of Failed Crypto Lending Platform Celsius Pleads Guilty To Fraud Charges
Alexander Mashinsky, the founder and former CEO of the failed cryptocurrency lending platform Celsius Network, has pleaded guilty to...

By The Financial District
Dec 9, 20241 min read


Managerial Promotions Often Lead To Arrogance, Japan Poll Finds
As managerial workers climb the corporate ladder, fewer make efforts to understand their subordinates, and more tend to ignore...

By The Financial District
Dec 9, 20241 min read


David Ellison Plans Major Overhaul For Paramount Post-Merger
Sweeping changes are on the horizon for Paramount Global as it merges with Skydance Media, with David Ellison poised to lead the combined...

By The Financial District
Dec 9, 20241 min read


U.S. Regulator Orders Supervision Of Google Payment; Company Responds With Lawsuit
The Consumer Financial Protection Bureau (CFPB) announced Friday that it will place Google Payment Corp., the payment arm of the tech...

By The Financial District
Dec 9, 20241 min read


Microchip Pauses CHIPS Act Application Amid Inventory Woes
Microchip Technology Inc. has paused its application for US semiconductor subsidies, becoming the first known company to step back from....

By The Financial District
Dec 9, 20242 min read


Police Recover Backpack Belonging To UnitedHealthcare CEO’s Killer
Investigators believe the suspect in the fatal shooting of UnitedHealthcare CEO Brian Thompson has left New York City after finding the...

By The Financial District
Dec 9, 20241 min read


Auditors Criticize Loopholes In EU’s €100 Billion Corporate Tax Fight
The European Union's battle against €100 billion in annual corporate tax avoidance is hindered by enforcement gaps and weak penalties.

By The Financial District
Dec 8, 20241 min read


Racing Unleashed: Redefining Virtual Motorsport With HappyOrNot
Since its inception in 2018, Racing Unleashed has been at the forefront of virtual motorsport, redefining the racing experience for...

By The Financial District
Dec 8, 20242 min read


Officials Confirm: Chinese Hackers Stole Large Volumes Of U.S. Phone Data
A Chinese hacking campaign that infiltrated U.S. telecommunications companies to spy on the texts and calls of American citizens is...

By The Financial District
Dec 7, 20241 min read


Remy Cointreau Braces For Sharp Drop In Annual Sales
Remy Cointreau has warned investors of a larger-than-expected decline in annual sales, citing weakness in its key U.S. market, where...

By The Financial District
Dec 7, 20242 min read


UnitedHealthcare CEO Gunned Down In Manhattan
UnitedHealthcare CEO Brian Thompson was fatally shot in Manhattan early Wednesday in what police are describing as a “premeditated..."

By The Financial District
Dec 7, 20241 min read
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