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Boeing agrees multimillion-dollar payout over plane safety claims

Boeing is to pay 200 million dollars (£178m) to settle allegations that the company and its former CEO misled investors about the safety of...

Auction of art from Microsoft co-founder Paul Allen’s estate could raise £842m

Some 150 artworks from the collection of Microsoft co-founder Paul Allen will be auctioned at Christie’s in New York this autumn and are expected...

South Korea signs $2.25 billion deal with Russia nuclear company

South Korea has signed a $2.25 billion deal with a Russian state-run nuclear energy company to provide components for Egypt’s first nuclear power plant. South...

SEC questions Twitter on method of calculating fake accounts

US securities regulators are questioning Twitter about how it calculates the number of fake accounts on its platform. The Securities and Exchange Commission in June...

Former Twitter security chief files whistleblower complaints

A former head of security at Twitter has filed whistleblower complaints with US officials, alleging the company misled regulators about its cybersecurity defences and...

Adidas looks for new boss as CEO prepares to step down next year

Adidas’ chief executive officer Kasper Rorsted will step down next year, the sports apparel maker said. The company has started looking for a successor. Mr Rorsted,...

Fuel price dips below four dollars in US for first time in five months

Fuel prices in the US dipped to just under the four dollar mark for the first time in more than five months. AAA said the...

Hungary fines Ryanair for raising ticket prices to cope with Covid recovery tax

Hungary has accused Ryanair of consumer protection violations and fined it more than £600,000 after the budget carrier raised ticket prices to cope with...

Next hikes profit outlook after hot weather boosted summer sales

Fashion chain Next has upped its annual profit outlook after seeing full-price sales lift 5 per cent in the past three months as the...

Inflation in eurozone countries rises to record high of 8.9%

Inflation in the European countries using the euro climbed to another record in July pushed by higher energy prices driven partly by Russia’s war...

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