Al JazeeraNowEx-crypto mogul Sam Bankman-Fried due to be sentenced for defrauding FTXverified_publisherAl JazeeraThe 32-year-old illegally used money from depositors of one of the world’s most popular platforms for trading digital currency to cover his expenses. Former crypto mogul Sam Bankman-Fried is due to be sentenced for his role in the 2022 collapse of FTX, once one of the world’s most popular platforms …
Al JazeeraNowWhat is Islamic halal investment and why is it on the rise?verified_publisherAl Jazeera - Faras GhaniThe global halal economy is on the rise, with an increase in demand fuelling more opportunities for investment in sharia-compliant ways. The global Islamic halal economy is set to reach a market value of $7.7 trillion by 2025, more than double the $3.2 trillion it reached in 2015 and significantly …
Al Jazeera1 hour agoSouth Korean bus drivers return to work after strike causes rush-hour chaosverified_publisherAl JazeeraSeoul Bus Labor Union agrees to 4.48 percent wage rise to return to work. Thousands of bus drivers in South Korea’s capital of Seoul have returned to work hours after launching a strike that caused chaos for rush-hour commuters The Seoul Bus Labor Union on Thursday agreed to a 4.48 percent wage rise …
Al Jazeera8 hours agoUS stock market hits record high after three-day lullverified_publisherAl JazeeraS&P 500 rises 0.9 percent as major players including Apple and Tesla see gains. The US stock market has hit a record high after a string of downbeat trading sessions. All three leading stock indexes rose on Wednesday, ending a three-day lull. The S&P 500, which tracks the performance of 500 of the …
Al Jazeera1 day agoIs the US media layoffs phenomenon the next housing crisis?verified_publisherAl Jazeera - Andy HirschfeldThe media sector’s challenges amplify shadow banks’ toll on the US economy and mirror the 2008 housing crisis. In the past few months, the media sector in the United States has gone through one of its worst rounds of layoffs in decades, with some voices within the sector even asking if journalism is …
Al Jazeera1 day agoShip in Baltimore bridge collapse passed inspections: Singapore officialsverified_publisherAl JazeeraMaritime and Port Authority of Singapore says Dali was serviced for ‘faulty monitor gauge for fuel pressure’. The cargo ship involved in the collapse of the bridge in the United States city of Baltimore passed overseas inspections and had valid certificates covering its structural integrity and …