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Vietnamese Real Estate Magnate Sentenced to Death for Billion-Dollar Fraud

A Vietnamese court has sentenced real estate magnate Truong My Lan to death for her role in a massive $12.46 billion real estate fraud. This...

Hungarian Parliament Approves Crypto Market Regulation Law

Budapest, April 10, 2024 (Peniaze24) – The Hungarian Parliament has passed a law on regulating the crypto asset market, making it one of the...

Boeing Cuts Production Amid Quality Control Issues

American aerospace giant Boeing is facing turbulence. A series of incidents and tightened regulatory scrutiny have led to a sharp drop in production...

Economic Warning: Inflation Could Stay High, Dimon Says

Jamie Dimon, CEO of JPMorgan Chase, warned on Monday in his annual letter to shareholders that persistent inflation could pose a risk to the...

AI and Data Centers to Double Copper Demand by 2030

Lausanne, April 8 - Demand for copper linked to artificial intelligence (AI) and data centers could reach one million metric tons by 2030,...

Elon Musk Faces Obstruction of Justice Investigation in Brazil

Elon Musk, the owner of social media platform X, is facing an investigation for obstruction of justice in Brazil. Supreme Court Justice Alexander de...

Collapse of UBS Would Have Devastating Consequences for the Entire Economy

All of Switzerland in suspense: The looming catastrophe of UBS bank cannot be avoided Switzerland anxiously watches the fate of UBS, the country's only remaining...

Oil Prices Fall After Israeli Withdrawal from Gaza Strip

Singapore, April 8 - Oil prices fell on Monday morning after Israel withdrew additional troops from the southern Gaza Strip and committed to...

U.S. Banks Open More Branches Than They Close for the First Time Since 2012

Washington, April 7 (TASR) - For the first time since 2012, American banks opened more new branches than they closed in 2023. According to...

Controversial Compensation: Boeing Pays Millions to Departing CEO Despite Safety Issues

Washington, April 7 (PENIAZE24) - Boeing CEO David Calhoun is set to receive a significantly higher compensation in 2023. His reward will be 45%...

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