Tag: Business

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Egypt Announces 35 Billion in UAE Investment for Construction of New City

What's Happening Egypt has announced that 35 billion USD in investments from the UAE would be flowing into the country over the next two months. The investment is in order to develop a 170km2 area of Ras El Hekma into a "next generation city" according to ADQ, the Emirati investment...

Drummond Executives Accused of Funding Militias in Colombia

Current and former leaders of the Alabama-based coal mining company, Drummond, are set to go on trial for allegedly funding right-wing paramilitaries, according to Colombia’s Attorney General’s office. The prosecutor claims there is "abundant evidence" that former company president Augusto Jimenez, who led the company’s Colombian operations from 1990 to...

Lockheed Says They’re Ready For NATO to Provide Ukraine With F-16s

In an interview on Wednesday with the Financial Times Lockheed Martin's chief operating officer (COO,) Frank St. John, said there is "a lot of conversation about third party transfer of F-16s." St. John went on to say that his company will ramp up production of the jets so they'll...

Bed Bath & Bust

One day after announcing to investors and customers that it may not be able to remain in business, the value of Bed Bath & Beyond shares has continued to decline. In the past year, the widely recognized meme stock has plummeted in value, currently trading at around $1.30, representing...

Ex-Coinbase Managers Charged In First-Ever Crypto Insider-Trading Case

The Brief: The parties that worked at Coinbase knew what Crypto Coins would be listed on the Coinbase network, and pretty much every coin ever listed on their site proceeds to have a huge spike in price. The parties knew ahead of time what would be listed, allegedly bought the...

Ex-Theranos COO Found Guilty On 12 Counts

On Thursday, a jury found Sunny Balwani, the former president and COO of the now-defunct and bankrupt blood-testing business Theranos, guilty on 12 charges of conspiracy and fraud against investors and clients. It's the same judgment that Theranos founder and former CEO Elizabeth Holmes, who once dated Balwani, received...

Week's Recap

Guinean Government Dissolved by Self-Appointed President

What You Need to Know:  The Government of Guinea, which...

Transnistria Reportedly Prepares Request for Annexation by Russia

What to Know: The government of Transnistria, an unrecognized breakaway...

Shanghai Anxun Insider Information Leak: The Company

Leaked Documents On February 16th, an anonymous individual uploaded a...

China Coast Guard’s “Monster” Vessel Patrolled Vietnam’s EEZ

Vanguard Bank Patrol On February 21st, the China Coast Guard's...
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