Apple called the lawsuit “wrong on the facts and the law” and said it “will vigorously…
Category: Global Business News
Biggest fraud in Chinese history? Beijing accuses Evergrande of inflating revenues by $78 billion
Chinese regulators have accused Evergrande and its founder of inflating revenues by $78 billion, putting the…
Boeing Tells Airlines To Check Pilot Seats After Report On Plane’s Plunge
A flight attendant reportedly hitting a switch on a pilot’s chair caused a 787 Dreamliner to…
‘Shrinkflation’ Is A Big Reason Why Toilet Paper, Snacks More Expensive Now: Study
About 10% of price increases in recent years come from companies charging the same price —…
Mideast Starbucks franchisee firing 2,000 workers after being targeted in Israel-Hamas war boycott
The Middle East franchisee of Starbucks said Tuesday it has begun firing around 2,000 workers at…
Jeff Bezos dethrones Elon Musk to become the richest person on Earth again
Jeff Bezos has reclaimed the title of the richest person on Earth, surpassing Elon Musk, according to…
Dangote wants to set up oil trading arm for Lagos mega refinery
Africa’s richest man Aliko Dangote is planning to set up an oil trading arm, likely based…
FAA Audit Of Boeing Finds ‘Multiple Instances’ Of Quality Control Issues
The aviation company has been given 90 days to outline a plan of action after allegedly…
Cash barrier to M-Pesa uptake in Ethiopia
Safaricom Ethiopia has identified cash dominance as a key barrier to growing its payments business represented…
JetBlue, Spirit Ending $3.8 Billion Merger Plan After Federal Judge Blocked Deal
The Justice Department sued to block the merger last year, saying it would reduce competition and…