EconomyTop StoriesHow Britain is fighting soaring inflationGBO CorrespondentJuly 13, 2022July 13, 2022 GBO CorrespondentJuly 13, 2022July 13, 202201273 The cost of a week's worth of car rental has doubled.
Business LeadersTop StoriesHow ex-Lehman Brothers employee built a multimillion business empire – CastleryGBO CorrespondentJuly 12, 2022July 12, 2022 GBO CorrespondentJuly 12, 2022July 12, 202201532 Castlery's Declan Ee sells designer furniture catered to “urban millennials” between 25 to 45 years old.
EconomyTop StoriesWhy two million Britishers miss bills every month?GBO CorrespondentJuly 12, 2022 GBO CorrespondentJuly 12, 202201351 An estimated 2.1 million families missed or defaulted on at least one mortgage, rent, loan, credit card, or bill in June.
MarketsTop StoriesWhy did Singapore-based crypto lender Vauld suspend all withdrawals?GBO CorrespondentJuly 11, 2022July 11, 2022 GBO CorrespondentJuly 11, 2022July 11, 202201401 Vauld is currently facing several financial challenges due to unpredictable market conditions.
TechnologyTop StoriesHacker offers to sell stolen records of 1 billion Chinese citizensGBO CorrespondentJuly 11, 2022 GBO CorrespondentJuly 11, 202201238 If the hacker's claims are indeed true, it would rank among the greatest data breaches in history.
TechnologyTop StoriesTwitter fires 30% employees from its talent acquisition teamGBO CorrespondentJuly 8, 2022July 8, 2022 GBO CorrespondentJuly 8, 2022July 8, 202201261 The massive layoff comes just two weeks after Tesla CEO Elon Musk held a meeting with Twitter employees
EnergyTop StoriesSouth Africa power crisis: No electricity for up to 6 hoursGBO CorrespondentJuly 8, 2022July 8, 2022 GBO CorrespondentJuly 8, 2022July 8, 202202257 Eskom and its workers’ union have been protesting and have now signed a wage deal
Banking and FinanceTop StoriesCrypto lender Nexo plans to acquire VauldGBO CorrespondentJuly 7, 2022July 7, 2022 GBO CorrespondentJuly 7, 2022July 7, 202201139 Vauld CEO Darshan Bathija said in May that it had close to $1 billion as its assets under management
EconomyTop StoriesSri Lanka to stop printing currency as inflation soars to 60%: ReportGBO CorrespondentJuly 7, 2022July 7, 2022 GBO CorrespondentJuly 7, 2022July 7, 202201218 According to official data, in the first quarter of 2022, Sri Lanka printed about 588 million rupees.
Banking and FinanceTop StoriesTurkey’s inflation hits two-decade high of 78.6%GBO CorrespondentJuly 6, 2022 GBO CorrespondentJuly 6, 202201271 The highest annual price surge was in the transportation sector with 123.37%.