SAN JOSE, Calif. — Jurors are set to spend a fifth day on Tuesday deliberating whether Elizabeth Holmes defrauded investors, patients and advertisers when she served as chief executive of the blood testing start-up Theranos. Ms. Holmes, 37, faces nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Each wire […]
OPINION: Here’s an easy prediction for 2022: you’ll be hearing a huge amount about Web3 and how it will fix the problems with Web 2.0 which in turn replaced Web 1.0. Sounds amazing, but in reality, beyond separating gullible people from their money, Web3 looks like a set of hollow promises that didn’t work out […]
TOKYO (Reuters) – Asian stock markets were generally weaker with U.S. crude in holiday-thinned trading on Monday, as uncertainty over the economic impact of the Omicron coronavirus variant weighed on investor sentiment.FILE PHOTO: A man looks at stock market monitors in Taipei January 22, 2008. REUTERS/Nicky LohU.S. airlines have cancelled or delayed thousands of flights […]
People ride an escalator while others stand at a mall during holiday season shopping as the Omicron coronavirus variant continues to spread in Brooklyn, New York City, U.S., December 18, 2021. REUTERS/Andrew Kelly(Reuters) -U.S. retail sales rose 8.5% during this year’s holiday shopping season from Nov. 1 to Dec. 24, powered by soaring ecommerce sales, […]
Selfridges has been bought by a Thai retailer and Austrian property company in a £4bn deal, according to reports. The luxury department store chain was bought by the Weston family in 2003, who then went on to establish the Selfridges Group in 2010. But the Selfridges portfolio, which includes 18 sites across England, Ireland and […]
The holidays are a grand time for gathering with family and friends, sharing good cheer and returning items you found to be a poor fit or unappealing. In 2021, economic discourse ranged from squabbles over “how hot is too hot” for prices of just about everything to arguments about who sets workplace rules. It included […]
Britain’s slowing economic recovery was even weaker than previously thought over the summer, according to revised official data. The updated figures from the Office for National Statistics (ONS) showed gross domestic product (GDP) rose by 1.1% in the third quarter, down from an earlier estimate of 1.3%. They add to more recent evidence that the […]
LONDON (Reuters) – European equities edged slightly higher on Wednesday, with markets optimistic that the Omicron coronavirus variant would only have a limited economic fallout, even as global cases surged and more countries announced restrictions.FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File […]
BILLINGS, Mont. — U.S. officials announced approval Tuesday of two large-scale solar projects in California and moved to open up public lands in other Western states to potential solar power development, as part of the Biden administration’s effort to counter climate change by shifting from fossil fuels. The Interior Department approved the Arica and Victory […]
An analyst has forecast a bumper 2022 financial year for NZX-listed technology company Rakon as its stands to benefit from the disruptions in global supply chains caused by Covid-19. Rakon’s share price has already risen sharply in the last year and as of Friday’s sharemarket close the electronic components maker was up 234 per cent […]