China fines Deloitte $31 million for auditing negligence
China has fined auditing firm Deloitte 211.9 million yuan ($30.8 million) for failing to perform its duty in assessing the asset quality of China Huarong
Dealing with debt in Latin America and the Caribbean
Public debt in Latin America and the Caribbean rose to 72% of GDP after the pandemic. High debt implies a drag on growth, higher interest
In this paper, we set out a framework for evaluating the many interrelated issues in the current EU electricity market reform.
Executive summary In an environment of record-breaking electricity prices driven by a gas supply shock and below-average electricity generation, reforming the design of the European
Exclusive: India plans new security testing for smartphones, crackdown on pre-installed apps
India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system updates under proposed new security rules,
Crypto exchange Binance to halt sterling transfers
Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world’s largest crypto exchange ceased dollar transfers.
Meta to cut 10,000 jobs in second round of layoffs
Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce a second round of
Turkey’s quake toll tops 48,000 as government races to build container cities
The death toll in Turkey from last month’s major earthquakes has risen to 48,448, Interior Minister Suleyman Soylu said on Monday, as authorities rush to
Cyclone Freddy kills 190 in Malawi as rain complicates rescue efforts
Cyclone Freddy, one of the most powerful storms ever recorded in the southern hemisphere, has killed 190 people in Malawi after ripping through southern Africa
India’s Tech Mahindra soars 10% as Infosys veteran to join as CEO
Shares of Tech Mahindra Ltd surged nearly 10% on Monday after the Indian information technology services firm appointed Infosys Ltd veteran Mohit Joshi as its new managing
Major crypto coins stabilise after U.S. intervenes on SVB collapse
Major cryptocurrencies stabilised on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the issuer
