TikTok, the video-sharing social-media app that’s faced a global backlash over its links to China, was fined €345 million ($368 million) in the European Union for alleged lapses in the way it cares for children’s personal data.
Turkey and Russia have resumed talks on creating a regional natural gas hub, Turkey’s energy minister said, with the question of where the fuel would be traded emerging as a potential sticking point.
The billionaire Peugeot family has broadened its investments into banking, luxury and cybersecurity businesses, diversifying a fortune still rooted in the auto industry.
A ban on imports of Russian diamonds is expected to be agreed to by Group of Seven nations in the next few weeks. The mechanism will consist of a direct ban on purchases, which would take effect on Jan. 1, as well as indirect ban, which would kick in more gradually, a Belgian official said. Russia’s central bank raised its benchmark interest rate for a third straight time, citing inflation risks.
Instacart, the largest grocery-delivery business in the US, raised the price range for its upcoming initial public offering following a strong trading debut for chip designer Arm Holdings Plc.
North Korean leader Kim Jong Un toured a Russian factory that makes fighter jets, as the US warned he is on a visit that could support the Kremlin’s assault on Ukraine.
Former Deutsche Bank investment banker Rashawn Russell, who has denied defrauding investors in a cryptocurrency fraud, appears ready to change his mind and plead guilty to fraud charges, court records show.
For a lesson in the pitfalls of market timing, consider the Dow Jones Industrial Average, whose refusal of admission to Alphabet Inc. and Amazon.com Inc. has gone from a blessing to a curse in the space of a year.
Conservative UK startup GB News Ltd — often described as the British version of Fox News — is looking at shifting some of its more controversial hosts to an online streaming format.
A host of Wall Street funds have minted profits riding the recent crypto fever after Grayscale Investments LLC snagged a big win over America’s top financial watchdog in its bid to create a US Bitcoin ETF.
