Business - Page 3

Large-scale money laundering network uncovered

The Halle-Vilvoorde public prosecutor’s office and federal judicial police have uncovered a large-scale money laundering network. During 13 house searches in Halle-Vilvoorde, Brussels, Mons, Walloon Brabant and Charleroi, eight people were arrested.
3 days ago
US announces higher China tariffs, including 100% for EVs
US announces higher China tariffs, including 100% for EVs

US announces higher China tariffs, including 100% for EVs

The US has announced a series of increased tariffs on goods in various key sectors hailing from China. Semiconductors, solar cells, batteries, electric vehicles and some minerals are among the affected items.
2 months ago
Emirates Group logs record profits of $5.1 billion
Emirates Group logs record profits of $5.1 billion

Emirates Group logs record profits of $5.1 billion

Dubai-based Emirates Group announced record annual profits of $5.1 billion — a 71% increase from last year — based on strong customer demand. Dubai-based airline Emirates announced record annual profits of $5.1 billion
2 months ago
Britain's economy exits recession ahead of elections
Britain's economy exits recession ahead of elections

Britain’s economy exits recession ahead of elections

The UK’s economy grew stronger than expected at 0.6% in the first quarter of this year. However, the country’s economic growth after the COVID-19 pandemic has been slow. Britain saw stronger than expected
2 months ago
Air Vanuatu files for bankruptcy protection
Air Vanuatu files for bankruptcy protection

Air Vanuatu files for bankruptcy protection

Vanuatu’s national carrier has canceled all flights and filed for bankruptcy protection, stranding a large number of tourists. Liquidators say it might be sold to a private operator. Air Vanuatu, the national
2 months ago
German exports rise unexpectedly high in March
German exports rise unexpectedly high in March

German exports rise unexpectedly high in March

A good demand for German products in the US and China has resulted in a surprisingly high export rate in March. But economic growth in the first quarter remained miniscule. German exports
3 months ago
FAA opens Boeing probe over possible 'falsified' 787 records
FAA opens Boeing probe over possible 'falsified' 787 records

FAA opens Boeing probe over possible ‘falsified’ 787 records

The planemaker informed the aviation safety regulator last month that required tests on its 787 aircraft model were not performed. The Federal Aviation Administration (FAA) said Monday it had opened an investigation into Boeing after the American
3 months ago