German business sentiment falls further in June
BERLIN (Reuters) -German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that
2023-06-26 16:59
JD.com Creates Groceries Arm as Rival Alibaba Weighs Spinoffs
JD.com Inc. aims to create an independent unit by merging its 7Fresh supermarket chain with other online services,
2023-06-26 14:20
China Economic Gloom Worsens With Weak Consumer Spending Data
China’s consumer-driven recovery is flashing warning signs as spending on everything from holiday travel to cars and homes
2023-06-26 11:46
Gold Edges Higher as Turmoil in Russia Adds to Haven Appeal
Gold edged higher as geopolitical uncertainty increased following an attempted mutiny by Russian mercenary group Wagner, while investors
2023-06-26 11:29
Australia's Element 25 to supply GM with manganese sulphate, shares jump
By Melanie Burton and Harish Sridharan MELBOURNE Element 25 Ltd said on Monday it will supply manganese sulphate
2023-06-26 08:56
Apollo Global leads debt investment in chipmaker Wolfspeed - media
A group of investors led by Apollo Global Management is making a debt investment between $1 billion to
2023-06-26 02:56
Hoax bomb threats target major US retailers including Walmart and Whole Foods demanding bitcoin and gift cards
Law enforcement agencies are investigating a series of hoax bomb threats that targeted major US retailers and grocery stores in an apparent extortion scheme for thousands of dollars in gift cards, bitcoin and cash, according to a report. Kroger, Meijer, Walmart and Whole Foods are among the companies that have been targeted in several states, according toThe Wall Street Journal. Callers have threatened to detonate bombs if gift cards, bitcoin or other payments are not provided, the newspaper reported. The FBI is working with state and local law enforcement to identify the threats, which have so far been unfounded, WSJ reported. It is unclear whether the calls are part of an organised effort. Callers have used block numbers to conceal their identities, according to police. One call to a Whole Foods in suburban Chicago reportedly demanded $5,000 in bitcoin and threatened to detonate a pipe bomb. Another call to a Kroger in New Mexico reportedly demanded an employee wire money and threatened that a bomb would go off if they called the police. Calls to a Meijer grocery store in Wisconsin demanded $5,000 in Apple gift cards. The threats echo similar menacing calls that have been a mainstay of local news outlets across the US in the past several years. After such threats, law enforcement agencies are typically called to the scene to evacuate the stores, causing major headaches for retailers and surrounding traffic. The latest efforts are “another evolving scam” for US retailers, according to Lisa Bruno, a senior executive vice president of retail operations at the Retail Industry Leaders Association, speaking to The Wall Street Journal. The threats also appear to be separate from those made towards retailers like Target, where stores in at least five states have faced threats over the company’s support for LGBT+ shoppers during Pride Month. Read More Pride collection backlash has derailed retailers, but LGBT designers are more empowered than ever Starbucks workers at 150 stores to strike over alleged ban on Pride decor
2023-06-26 01:46
Zimbabwe Leader Opens Election Bid as Inflation Battle Continues
Zimbabwe President Emmerson Mnangagwa launched his party’s election campaign, seeking a second term running a nation struggling with
2023-06-25 17:59
The ultra-wealthy have dangerous pastimes. Who pays when they need saving?
Throughout history, humans have proved incapable of resisting the allure of the Earth's extremes — its tallest mountains, deepest oceans, even the outer limits of its atmosphere.
2023-06-24 17:28
Charting the Global Economy: BOE Surprises With Bigger Rate Hike
The Bank of England stepped up efforts to beat back the worst inflation since the 1980s by boosting
2023-06-24 17:23
Toy maker recalls 7.5 million Baby Shark children's toys due to a risk of impalement
Reports of injured children have prompted the recall of 7.5 million Bay Shark bath toys, according to the US Consumer Product Safety Commission.
2023-06-24 14:18
EU, Meta agree to July stress test on EU online content rules
Meta and the European Union (EU) have agreed on a stress test in July on the EU's online
2023-06-24 09:47