BUSINESS

Anyone who walks the streets of Manhattan can observe sidewalk vendors hawking counterfeit luxury products.

Siemens Energy will receive a 15-billion-euro ($16.3-billion), state-backed rescue package, Berlin said Tuesday, as the German group struggles to overcome a crisis in its wind power unit.

McDonald's boss in Britain said Tuesday the US fast-food giant faces "one to two" sexual harassment allegations from workers every week, as he vowed to tackle the issue recently exposed by the BBC. Alistair Macrow, chief executive of McDonald's UK and Ireland, told a watchdog parliamentary committee that the chain's management also receives around five reports a week of bullying.

Leaders of Asia-Pacific economies want to boost output with an eye on issues like reducing inequality and protecting the environment, US Treasury Secretary Janet Yellen said on Monday.

President Joe Biden's administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism.

Key iPhone supplier Foxconn posted "better-than-expected" profits in its third quarter, with leadership on Tuesday attributing the surprise jump to demand ahead of the holiday season.

The latest development highlights one of the highest volumes observed in the entire year.

The US Federal Reserve is prepared, if needed, to hike interest rates further in order to bring inflation down to its long-term two percent target, Fed Chair Jerome Powell said Thursday.

Apple co-founder Steve Wozniak suffered a "minor" stroke in Mexico but has left hospital and is returning to the United States, he told ABC News on Thursday.

Last week, Bankman-Fried was convicted on all seven charges brought against him by the US government.

French automaker Renault and Japanese partner Nissan officially launched their "rebalanced" alliance on Wednesday as they seek to reset a rocky 24-year-old partnership.

Disney's streaming service has attracted nearly seven million new subscribers, the company said Wednesday, reversing a period of decline that had raised doubts about its rivalry with industry leader Netflix.

Over 100 people profited $240,000 each from the scam while 200 individuals earned approximately 120,000 each.

German chemicals giant Bayer said Wednesday it would cut management jobs and was examining splitting off one of its divisions after reporting a massive third-quarter loss.

The Egyptian Theatre, which hosted Hollywood's first-ever red carpet premiere in its faux hieroglyph-adorned courtyard more than a century ago, reopens this week under the new ownership of Netflix.

With companies cutting back on office space as working from home remains popular, Europe's biggest business district is looking to students to fill the void left by workers.

The FTX estate has, by far, moved around $102 million in Solana to exchanges via a series of transactions that could impact the token and could trigger holders to dump their SOL holdings.

Japanese gaming giant Nintendo raised its annual forecasts on Tuesday after strong first-half sales of its new "Zelda" and "Mario" franchise games for the ageing Switch console.

After his conviction on all seven charges, the question about the funding of SBF's legal war chest has once again surfaced, but this was already answered by a March report from Forbes, which highlighted the link between SBF's legal defense and the controversial use of Alameda Research funds.

Corporations are increasingly committed to green agendas, but a new report on Tuesday reveals that only one in 20 of over a thousand publicly listed companies have a detailed strategy for how they will reach their greenhouse gas targets.

The EU's top tech enforcer told TikTok's CEO on Monday to "spare no effort" to counter disinformation, but recognised the changes already made by the video-sharing platform.

The maker of hit videogame Fortnite, Epic Games, and Google faced off in federal court in San Francisco as a trial began over whether the internet giant wields monopoly power at its Play Store.

Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision.

The collaboration's main purpose includes the creation of essential climate funding, the advancement of initiatives for climate change mitigation and adaptation, the promotion of sustainable development and the provision of substantial support to local communities.

Markets rallied again Monday following another strong performance on Wall Street, as below-forecast US jobs data fanned optimism that the Federal Reserve had reached the end of its interest rate hiking cycle.

Based on the post, the upcoming initiative may have something to do with Shiba Identity since it mentioned that those interested need to submit basic contact information.

Apple on Thursday reported that sales fell for the fourth consecutive quarter when compared to the prior year, but profit rose on the back iPhones and services.

Sam Bankman-Fried, the one-time cryptocurrency golden boy accused by US prosecutors of stealing billions of dollars of his customers' money, was found guilty on Thursday on all counts, and now faces up to 110 years behind bars.

The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.