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Crypto giant Coinbase fined in Ireland for rule breaches
Ireland's central bank imposed a fine of 21.5 million euros ($24.7 million) Thursday on crypto giant Coinbase over transaction monitoring failures, including some potentially linked to criminal activities.
US judge drops criminal charges against Boeing over 737 MAX 8 crashes
A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of an agreement between the company and prosecutors. The case dates to a January 2021 DOJ agreement with Boeing that settled charges that the company knowingly defrauded the Federal Aviation Administration during the MAX certification.
Police say 19 held after raid at Swedish start-up Stegra to be deported
Police said Thursday that 19 people they caught working illegally during a raid at the Swedish start-up Stegra's steel mill would be deported. Police said they had conducted over 100 immigration checks during the raid, finding 19 people who did not have the right to work and reside in Sweden.
Merz backs EU plan to protect steel sector from Chinese imports
Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, especially from China, Chancellor Friedrich Merz said Thursday. The EU in October floated plans to double tariffs on foreign steel -- taking a leaf from US President Donald Trump's book to shield the bloc's struggling industry from cheap Chinese exports.
Bank of England leaves rate unchanged before UK budget
The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK government's annual budget this month set to feature tax rises. - Unclear outlook - The BoE last cut its key rate in August amid concerns over the impact of US tariffs on the UK economy.
Battered US businesses eye improved China trade at Shanghai expo
Plying everything from handbags to salt in a cavernous Shanghai exhibition hall, US exporters hit by the trade war with China said Thursday they hope improving bilateral relations will bring much-needed stability.
Drugmaker AstraZeneca profit jumps as US business grows
British pharmaceutical giant AstraZeneca announced surging quarterly profit Thursday on strong sales of cancer drugs and as the group zones in on the United States, pressured by President Donald Trump. Trump last month announced a deal with AstraZeneca for significantly lower drug prices in the United States.
France urges EU to sanction Shein platform
France has urged the European Union to take measures against Asian e-commerce giant Shein, two ministers said Thursday, following an uproar over sales of childlike sex dolls on its French website. French ministers on Thursday said it was time for the European Union to take measures against the brand.
Probe into Thales defence group looking at Indonesian contract
A French-British investigation into alleged bribery at France-based defence giant Thales is examining a contract with Indonesia, an AFP investigation has showed. The French judiciary is looking into at least five other cases of alleged graft involving the defence firm.
AFP
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