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HSBC Fined $8.5M For Mishandling Finances of 1.5 Million Customers

HSBC faces an $8.6 million penalty for mishandling customers in financial difficulty. The Financial Conduct Authority revealed the bank's failure to consider circumstances, endangering 1.5 million individuals.


Lazada's Laid Off Employees Set to Receive Additional Payouts; Some to Get Extra 2 Weeks’ Pay per Year of Service

Former Lazada employees who were suddenly laid off earlier this year are set to receive additional payouts, with some receiving an extra two weeks' pay per year of service and others $1,200.

JPMorgan Asia Pacific CEO Says China is Very Important in Business and Can't Be Ignored

JPMorgan Asia Pacific CEO Sjoerd Leenart says China has a major role in driving the global economy, asserting that doing business in China is important.

Aldi Supermarket to Lower Prices on 250 Grocery Items for this Summer Due to Inflation

CEO Jason Hart reveals Aldi Supermarket's strategy to combat inflation by prioritizing low prices during the summer season. He announces, coinciding with similar initiatives from major retailers like Walmart and Target.


Latest News

OpenAI Under Fire for Threat to Claw Back Vested Equity From Former Employees
OpenAI faces controversy after leaked documents revealed the company allegedly threatened to claw back vested equity from departing employees.
Elon Musk, Nicole Shanahan Alleged Affair Involves a One-Night Sexual Encounter After Taking Ketamine: Report
New details on the alleged affair that Elon Musk and Nicole Shanahan both denied were recently revealed by The New York Times (NYT).
Australia's Nine Network Names Fiona Dear as New News Director After Sacking Darren Wick for 'Inappropriate' Behavior
Australian media outlet Nine Network has appointed Fiona Dear as its new director of news and current affairs, replacing dismissed news director Darren Wick over his alleged sexual harassment of female staff.
US Justice Department to Sue Ticketmaster Parent Live Nation Over Alleged Antitrust Violations
The US Department of Justice and several states are reportedly set to file an antitrust lawsuit against Live Nation, the owner of Ticketmaster, as early as Thursday.
West Bromwich Albion Employee Suspended, Under Investigation Over Racism Allegations
Allegations of racism prompted the West Bromwich Albion Football Club to suspend one employee and initiate an inquiry
'Britain’s Bill Gates' Mike Lynch Accused of Duping Hewlett Packard Into Buying His Firm for $11B to Testify in US Fraud Trial
British tech tycoon Mike Lynch is set to testify in his own criminal fraud trial in a San Francisco court on Thursday.
South Korea, Japan, China Confirmed to Meet Next Week for First Time Since 2019
South Korea, Japan, and China are set to undergo a trilateral summit in Seoul on May 27, the first time the three nations held such talks in five years.
TikTok Now Targeted by FTC Over Data and Security Practices
Nebraska Attorney General Mike Hilgers sued TikTok, alleging that it is addictive and unsafe for youth, contributing to their mental health crisis.
DuPont Splits Into 3 Public Businesses, Appoints New CEO
DuPont announced that it was splitting itself into three companies in the span of 18 to 24 months, with its electronics and water businesses becoming its own separate entity.
 TikTok Leans on Generative AI to Fuel Its Digital Ad Business
TikTok is leaning on generative AI to boost its digital advertising business. TikTok is leaning on generative AI to boost its digital advertising business.