Economy

Mozambique’s former finance minister, Manuel Chang (pictured here in 2019), has been deemed a flight risk.Wikus De Wet | Afp | Getty ImagesA U.S. federal judge ruled that Mozambique’s former finance minister, Manuel Chang, must remain behind bars while awaiting trial for fraud in the notorious “tuna bond” scandal which helped bankrupt the African nation… […]

JPMorgan Chase reported second-quarter earnings Friday that topped analysts’ expectations, as the company benefited from higher interest rates and better-than-expected bond trading.Here’s what the company reported: Earnings: $4.37 per share adjusted vs. $4 per share Refinitiv estimateRevenue: $42.4 billion vs. $38.96 billion estimateNet income surged 67% to $14.5 billion, or $4.75 per share. When excluding… […]

LONDON — The U.K. competition regulator on Friday said it is extending the deadline for its review of Microsoft’s takeover of video game publisher of Activision Blizzard by six weeks.The extension will give the watchdog more time to review proposals by the two parties to resolve its concerns after it paused a campaign to block… […]

Billionaire hotelier Ong Beng Seng attends a news conference in Singapore May 11, 2007.Singapore’s anti-graft agency issued an arrest notice for billionaire Ong Beng Seng as part of its investigation involving transport minister S Iswaran.Ong, who is managing director of Singapore-listed hotel owner and operator Hotel Properties Limited, has been asked to provide information on… […]

The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025. Thomas Simonetti | Bloomberg | Getty Images ORLANDO, Florida — With the grand opening of Epic Universe on Thursday, Comcast is positioning its Universal Studios Orlando Resort as a destination, not a pit stop. For years, Universal’s […]

According to a recent report from TripadvisorAmericans looking to travel domestically this summer want a blend of bustling city activities and laid-back beach vacations. The report ranked the top domestic summer travel destinations for U.S. travelers using two key sources: an online survey of over 2,800 consumers conducted between March 26 and April 8, 2025 […]

US President Trump can be seen on a screen at the Frankfurt Stock Exchange in front of the DAX curve. Boris Roessler | Picture Alliance | Getty Images European shares were higher on Monday as investors reacted to U.S. President Donald Trump delaying the roll out of 50% tariffs on the European Union. The pan-European […]

President and CEO of Nvidia Jensen Huang speaks at a forum at the U.S. Capitol in Washington, DC on April 30, 2025. Kevin Dietsch | Getty Images News | Getty Images President Donald Trump last week increased the pressure on Apple over foreign-made iPhones in a scathing social media post that also intensified the overall […]

Security officers block entrance doors after pro-Palestinian protesters attempted to enter the Microsoft Build conference at the Seattle Convention Center Arch building in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images At Microsoft’s annual Build conference on Tuesday, Executive Vice President Jay Parikh’s keynote was interrupted by an employee protesting […]

Democratic presidential nominee and U.S. Vice President Kamala Harris and vice presidential nominee Tim Walz walk down the steps from Air Force Two at Savannah/Hilton Head International Airport in Savannah, Georgia, U.S., August 28, 2024. Elizabeth Frantz | Reuters Democratic presidential nominee Kamala Harris in a new interview Thursday defended her vice presidential record on […]