China's real estate giant Evergrande and its founder, Hui Ka Yan, are accused of inflating revenues by $78 billion over two years before the company defaulted on its debt.
Sectors
Bentley's First Electric Vehicle Launch Delayed Amid Slow Global Adoption
The launch of Bentley Motors' inaugural electric vehicle (EV) is now slated for late 2026, pushing customer deliveries to 2027, nearly two years beyond the initial timeline.
Nvidia CEO Unveils Blackwell Pricing: Next-Gen AI Graphics Processor Priced at $30,000 to $40,000
Nvidia unveils Blackwell AI chip priced $30-40k, boasting 30x performance boost with 25x energy efficiency.
ShopBack Downsizes Workforce by 24% as Firm Strives for Financial Stability
Incentives and cashback platform ShopBack cut 24% of its workforce, or 195 jobs, to become more focused and self-sufficient.
South Korea Announces $313 Billion Funding for Projects to Fight Climate Change
South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals.
Latest News
Hunter Biden business associate Eric Schwerin has revealed to congressional investigators that he communicated with then-Vice President Joe Biden through a private email labeled with a "Robinware456" alias.
Elon Musk has admitted to meeting former President Donald Trump in Florida earlier this month. Elon Musk has admitted to meeting Donald Trump in Florida on March 3 but said it was not planned and that the former president did not ask him to contribute to his campaign.
Former President Donald Trump lost a bid to block testimony from Michael Cohen and Stormy Daniels in his upcoming hush money trial.
A researcher employed by ByteDance, the Chinese parent company of TikTok, was mistakenly added to a group chat for American AI safety experts.
Nvidia has partnered with Johnson & Johnson to develop new AI applications to help doctors perform surgery.
UnitedHealth Group announced progress in managing the repercussions of a major cyberattack on the US health system and Change Healthcare.
Prominent student housing figure Patrick S. Nelson is facing a turbulent legal battle with debts reaching $115 million.
An Arizona State University-led consortium with over 70 partners received $40 million from the US Department of Defense under the CHIPS Act.
Tech magnate Elon Musk has accused Google of intervening in elections to back Democratic candidates on numerous occasions.
