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Category: Finance

EU Court Adviser Argues Apple Should Pay €13bn Irish Tax
Finance

EU Court Adviser Argues Apple Should Pay €13bn Irish Tax

November 9, 2023

In a recent development, a legal adviser to the European Court of Justice has argued that the ruling allowing Apple…

Disney’s Boss Foresees a Revival in the Company’s Fortunes
Finance

Disney’s Boss Foresees a Revival in the Company’s Fortunes

November 8, 2023

Disney CEO, Bob Iger, announced to investors that the entertainment giant is entering a new phase of growth and innovation…

The Rise and Fall of WeWork: Lessons on Ambition, Ego, and Investor FOMO
Finance

The Rise and Fall of WeWork: Lessons on Ambition, Ego, and Investor FOMO

November 8, 2023

In a cautionary tale of ambition and ego, WeWork’s founder, Adam Neumann, created a company that captivated investors and members…

Rare Blue Diamond Sells for Record-Breaking $40 Million at Auction
Finance

Rare Blue Diamond Sells for Record-Breaking $40 Million at Auction

November 7, 2023

In a historic moment for the gemstone market, a stunning 17.61 carat blue diamond, named Bleu Royal, has sold for…

Global Wine Production Hits Record Low, Impacts Industry and Prices
Finance

Global Wine Production Hits Record Low, Impacts Industry and Prices

November 7, 2023

In a devastating blow to the wine industry, global wine production is expected to plunge to its lowest level in…

Italy’s Seizure of $835 Million from Airbnb Raises Alarm for Tech Companies on Tax Evasion
Finance

Italy’s Seizure of $835 Million from Airbnb Raises Alarm for Tech Companies on Tax Evasion

November 7, 2023

In a significant blow to short-term rental giant Airbnb, an Italian judge has ordered the seizure of €779.5 million ($835.5…

WeWork’s Bankruptcy and Its Impact on the Business World
Finance

WeWork’s Bankruptcy and Its Impact on the Business World

November 7, 2023

WeWork, once hailed as the future of office spaces, has filed for bankruptcy in the United States. This decision comes…

Tyson Foods Recalls Chicken Nuggets in the US After Metal Contamination
Finance

Tyson Foods Recalls Chicken Nuggets in the US After Metal Contamination

November 6, 2023

Tyson Foods, the leading American meat processor, announced a voluntary recall of approximately 30,000lbs (13,608kg) of chicken nuggets due to…

Maersk’s Job Cuts: A Reflection of Shrinking Shipping Demand
Finance

Maersk’s Job Cuts: A Reflection of Shrinking Shipping Demand

November 3, 2023

The global shipping industry has been hit hard by the effects of the COVID-19 pandemic, and one of the world’s…

Former Crypto Billionaire Sam Bankman-Fried Convicted of Fraud and Money Laundering
Finance

Former Crypto Billionaire Sam Bankman-Fried Convicted of Fraud and Money Laundering

November 2, 2023

In a shocking turn of events, Sam Bankman-Fried, once hailed as the ‘Crypto King’, has been found guilty of fraud…

Nigeria’s Lower Chamber Rejects Plan to Buy Presidential Yacht, Redirects Funds to Student Loans
Finance

Nigeria’s Lower Chamber Rejects Plan to Buy Presidential Yacht, Redirects Funds to Student Loans

November 2, 2023

In a move that reflects a commitment to financial prudence and responsiveness to public criticism, Nigeria’s House of Representatives has…

WeWork faces challenges as it starts closing offices worldwide
Finance

WeWork faces challenges as it starts closing offices worldwide

November 2, 2023

WeWork, the troubled office-sharing firm, is set to close some of its buildings globally as it grapples with financial struggles.…

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