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Asia Markets

Iran out of nuclear deal after U.S. strike that killed Soleimani

TEHRAN- Late on Sunday, January 5th, state TV has announced the final rejection of the arrangements for the Joint Comprehensive Plan of Action (JCPOA) for its nuclear program. “The Iranian nuclear program will not have any restrictions in terms of production, including enrichment capacities, percentage and amount of enriched uranium, as well as research in […]

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Markets Technology

France fined Google €150 million “for abusing its dominant position”

Autorité de la concurrence, France’s competition authority,  said in the statement published today:”Google has abused its dominant position in the search advertising market by adopting opaque and difficult to understand operating rules for its Google Ads advertising platform and applying them unfairly and randomly.” The Authority imposed a financial penalty of € 150 million ($166million) […]

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Eurozone Markets

French authorities fined Bloomberg €5 MILLION for dissemination of fake news

Paris,France France’s financial markets watchdog (AMF) fined Bloomberg € 5 million ($5.5 million) for publishing false information about the financial situation at Vinci, a French construction company. The report caused a 18% drop in the company’s shares and a loss of € 6 billion in overall market value. The mentioned report was made by the journalists of Bloomberg […]

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Markets National

Stay in a Scottish castle for a week, drink coffee, get $5000 “salary” check and $2000 spending money !

If you would like to live in a castle, drink Gevalia coffee and get paid for your efforts, it’s time to move to Scotland! Coffee company Gevalia Kaffe would like to hire a coffee aficionado to live in a castle in Scotland for a week. In addition to drinking bottomless coffee, the lucky “coffee queen” […]

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Markets

Colombia wants to sue Walmart over Christmas sweater with Santa snorting “Colombian snow”

Walmart is facing a potential law suit over a Christmas sweater that was advertised for sale on its Canadian website. The sweater features Santa Claus sitting behind a table with three lines of cocaine and the words: “Let it snow”. The description on the website however, is what prompted a Colombian government agency to threaten […]

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Crime Markets

Three Americans arrested in $722M “crypto Ponzi scheme”

Federal officials announced the arrest of three men on Tuesday who were involved in a cryptocurrency scam which robbed investors of $722 million. The three men, Matthew Goettsche, 37, Jobadiah Weeks, 38, and Joseph Abel, 49 had been running a business named BitClub Network since 2014, that supposedly mined for cryptocurrency, selling shares in this […]

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Asia Entrepreneurs Investments Markets

First ever Warner Bros-branded hotel on Yas Island, Abu Dhabi

In a collaboration between Miral and Warner Bros, the first Warner Bros-branded (WB) hotel will be opened on Yas Island, Abu Dhabi in 2021. The President of Warner Bros. global brands and experiences said: “Following the successful debut of Warner Bros. World Abu Dhabi, we are thrilled to expand our presence in the region with […]