REUTERS

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Pakistani-Canadian sanctioned by EU for trading Russian oil

Business December 17, 2025

BRUSSELS: An obscure Pakistani-Canadian businessman is named among those sanctioned by Western authorities for dealing in sanctioned Russian oil and enriching Vladimir Putin’s war economy. The Europ...

Meta tolerates rampant ad fraud from China to safeguard billions in revenue

Crypto December 17, 2025

Last year, Meta had to reckon with an ugly conclusion about its Chinese advertising customers: They were defrauding Facebook, Instagram and WhatsApp users worldwide.Though China's authoritarian goverοΏ½...

Dollar on defensive as traders eye delayed US jobs data

Crypto December 17, 2025

The U.S. dollar sagged to near a two-month low at the start of the Asian trading session on Tuesday as markets awaited the release of a slew of economic data, including the delayed November U.S. jobsοΏ½...

Nasdaq plans round-the-clock stock trading, targets global investors

Crypto December 16, 2025

Nasdaq, one of the world's largest exchanges that is home to tech companies Nvidia, Apple and Amazon, is planning to submit paperwork with the U.S. Securities and Exchange Commission on Monday to οΏ½...

FDA sends warning letters to Walmart, Target for selling recalled baby formula - NBC News

Business December 16, 2025

The U.S. Food and Drug Administration has sent warning letters to four major retailers for continuing to sell baby formula linked to a nationwide outbreak of bacterial illness in infants, even after οΏ½...

OpenAI hires veteran Google executive as corporate development VP - Yahoo Finance

Business December 16, 2025

Dec 15 (Reuters) - OpenAI on Monday confirmed that it has appointed Albert Lee, senior director of corporate development at Google, as its vice president of corporate development. Lee will start hisοΏ½...

Bridgewater warns Big Tech's reliance on external capital to fund AI boom is 'dangerous' - Yahoo Finance

Business December 16, 2025

Dec 15 (Reuters) - The AI spending boom is entering a "dangerous" phase as Big Tech firms increasingly tap external investors to cover mounting costs, a top executive at hedge fund giant Bridgewater οΏ½...

Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout - CNBC

Business December 16, 2025

iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary manufacturer. The company,οΏ½...

Floral tributes for Australian β€˜hero’ Ahmed al Ahmed who disarmed gunman during Bondi beach shooting

News December 16, 2025

Flowers were laid on Tuesday in front of the shuttered shop of Ahmed al Ahmed, the 43-year-old tobacco shop owner who locals hailed as the Bondi hero after he wrestled a gun from one of the attackers ...

Pakistan seeks oil deal with Russia as energy ministries hold talks

Business December 16, 2025

Russia and Pakistan are in talks on a potential oil-sector agreement, Finance Minister Muhammad Aurangzeb told RIA news agency in remarks published on Tuesday. β€œAll of these areas are Russia’s str...