Ford squandered $12b on failed Brazil venture.
One Hundred years ago Henry Ford came to Brazil and set up the town of Fordlandia, expecting to turn into an Amazonian robber baron, yet
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Ascent Capital, Kenyan private equity firm raises $100m in second fund.
Kenya-based private equity firm, Ascent Capital, has raised more than $100 million in a subsequent fund, it said on Tuesday, to put resources into small
Colonial Pipeline paid ransom of $4.4M in Bitcoins to Hackers.
The operators of the country’s biggest fuel pipeline confirmed it paid $4.4 million to hackers who broke into its computer systems. Colonial Pipeline said Wednesday
EU Parliament votes to bring down unlawful games streaming.
European legislators embraced a proposition Wednesday to battle online piracy of live games that includes the alternative to obstruct unlawful transmissions within thirty minutes. EU
Indian naval force looks for 78 missing from barge sunk by storm
Indian naval force ships and helicopters looked in harsh climate and oceans Wednesday for 78 people missing from a barge that sank off Mumbai as
IEA directs investments in new fossil fuel supply chains be halted.
A report by the International Energy Agency says quick action is expected to reshape the world’s energy sector to meet ambitious climate goals by 2050,
Macron, African leaders discuss financing Africa’s post-pandemic recuperation.
French President Emmanuel Macron hosts African leaders and the heads of multilateral loan agencies in Paris on Tuesday to discover methods of financing African economies
AT&T to quit media, using $43b deal with Discovery.
AT&T proprietor of HBO and Warner Brothers studios, and Discovery home to lifestyle Television stations like HGTV and TLC, said on Monday they will consolidate
Free finally to embrace and celebrate: UK resumes for business.
Companions will embrace, pints will be pulled and wraps of the British economy will reopen on Monday, giving 65 million people a proportion of opportunity
Indonesia’s Gojek, Tokopedia combine to form GoTo Group.
Indonesian ride hailing company Gojek and e-commerce firm Tokopedia said Monday that they are merging to form GoTo Group. The companies said the arrangement was
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