Tuesday, September 26, 2023

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Business and Finance

Afghan election officials suspended

(BBC) - Two of Afghanistan's most senior election officials have been suspended, hours before results were finally due to be released from the September...

International Firms to Extract Huge Afghan Iron Ore

The winning company for a bidding of Hajigak, a huge Iron ore in Central Afghanistan will be announced within 8 months, the Ministry of...

Roy Lichtenstein painting fetches $42.6m at auction

(BBC) - A painting by Roy Lichtenstein has sold at auction for $42.6m (£26.4m) - a new record for the US 'pop artist'. The cartoon-style...

Afghan Oil Firms Propose Fuel Deposit Extraction

Three Afghan companies presented their proposals to the Ministry of Mines for the extraction of oil deposits in northern Afghanistan The Afghan Ministry of Mines...

GM seeks to raise $13bn from share offering

US car giant General Motors (GM) has released the details of a share offering it hopes will raise around $13bn (£8bn) as it looks...

Facebook uncovers user data sales

Facebook has taken action against developers it caught selling user names and contact lists. The sales were uncovered as Facebook investigated a web browser bug...

AIG raises $37bn to repay bailout

(BBC) - AIG, the US insurer bailed out by the US government at the height of the credit crisis, has raised almost $37bn (£23bn)...

Oil price hits six-month high of $83.45

(BBC) - The price of oil has hit a six-month high after encouraging manufacturing data in the US and China boosted confidence in the...

MGM creditors ‘back bankruptcy deal with Spyglass’

(BBC) - Creditors of Hollywood's legendary MGM studio have voted in favour of a bankruptcy plan offered by US firm Spyglass Entertainment. The rescue deal...

US banking regulators in new foreclosures probe

(BBC) - US banking regulators will carry out their own investigation into whether lenders were wrong to repossess hundreds of thousands of homes. The Federal...

Privacy body to re-examine Google

(BBC) - Google's Peter Barron: "We're determined to learn the lessons from this mistake" Britain's privacy watchdog is to look again at what personal information...

Known Taekwondo Player Fears Fighting his Afghan Rival

An Iranian martial art champion has expressed fear to fight his Afghan rival in London 2012 Taekwondo Championships Maisam Baqeri, an Iranian national Taekwondo champion...

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