Indonesia's leader says it can join leading economies by 2045 if it continues educational reforms
Indonesia’s president has urged a continuation of his educational reforms to turn Southeast Asia’s largest economy into one of the world’s biggest by its hundredth anniversary in 2045
2023-08-16 19:47
Intel calls off $5.4b Tower deal after failing to obtain regulatory approvals
Intel is terminating a $5.4 billion agreement to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid deteriorating US-China relations
2023-08-16 19:29
Target sales ebb in Q2 and it cuts outlook for the year citing inflation and a culture war dustup
Target has reported weaker-than-expected sales for its the fiscal second quarter
2023-08-16 18:53
Travis King case highlights North Korea's long, complicated history of citing U.S. racism
By Josh Smith and Soo-hyang Choi SEOUL North Korea's claim on Wednesday that U.S. soldier Travis King fled
2023-08-16 18:52
JD.com’s Sales Beat Estimates Despite Chinese Economy Weakness
JD.com Inc.’s revenue accelerated in the second quarter after its signature 6.18 festival scored with shoppers, helping the
2023-08-16 18:49
Offshore drilling rig arrives in Lebanese waters ahead of work near Israel border
Lebanese Cabinet ministers say an offshore drilling rig has arrived at its location in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas
2023-08-16 17:59
Tencent Revenue Disappoints in Warning for China Tech Sector
Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it
2023-08-16 17:51
A plan for how Indonesia will spend $20 billion to transition to cleaner energy has been submitted
A plan for how Indonesia will spend $20 billion to transition to cleaner energy was submitted Wednesday to the government and its financing partners
2023-08-16 16:29
UK inflation falls to 17-month low of 6.8% but unlikely to derail another interest rate rise
The rate of inflation in the U.K. fell sharply in July to a 17-month low largely on the back of lower energy prices
2023-08-16 15:29
Utah man arrested for posing as doctor and selling fake Covid cure after three years on the run
A man in Utah has been arrested after allegedly posing as a doctor and making at least $2m by selling a fake cure for Covid-19. He evaded arrest for almost three years. Gordon Hunter Pedersen, 63, who lives in Cedar Hills, Utah, was arrested last week on Wednesday after he was charged in 2020 with seven felonies, including mail and wire fraud, selling of misbranded drugs with intent to defraud and mislead, the US attorney’s office in the state said on Monday. He allegedly sold a "structural alkaline silver" online and claimed that the drug "resonates or vibrates at a frequency that destroys the membrane of the (COVID-19) virus, making the virus incapable" of infecting humans, court documents said. He posed to his customers as an "anti-ageing medical doctor" with PhD degrees in immunology and naturopathic medicine, it said. A warrant for Mr Padersen was issued in August 2020 when he failed to appear in a court for the indictment, leading to a three-year manhunt. The arrest in the case comes a month after he was spotted on surveillance camera footage at a gas station around 40 miles south of Salt Lake City. Mr Padersen promoted his fake cure through YouTube videos, Facebook posts, podcasts and websites, wearing a white lab coat with “Dr” monogrammed on it. “There is no drug that man has made that can do the same,” he said in his podcast interview in March 2020. “If you have the silver in you, when the virus arrives, the silver can isolate and eliminate the virus,” he added. He maintained that his silver product can destroy Covid-19 virus in an interview with federal agents but acknowledged that his credentials were exaggerated. He had been promoting a cure for diseases such as arthritis, diabetes and pneumonia, since 2014. But he substantially profited between January and April 2020 when he made approximately $2m in sales from the company he co-owned, My Doctor Suggests, according to court records. The US District Court for Utah filed a restraining order against Mr Pedersen to stop him from selling the products by labelling them cure-alls, the Justice Department said at that time. Following three years of evading authorities, Mr Pedersen was identified by a Food and Drug Administration special agent on 5 July, while he was in a vehicle registered under his wife’s name, Julia Currey, according to prosecutors. The agent tracked the vehicle to a gas station, where Mr Pedersen was captured on a surveillance camera, as stated by prosecutors. His indictment was part of a task force created by attorney general Merric Garland in 2021 to prosecute businesses and entities that tried to “profit unlawfully from the pandemic. His lawyer is yet to comment on the development. Read More Marjorie Taylor Greene addresses online conspiracy theory linking her to Jan 6 pipe bomber Trump claims mystery press conference report clears him of Georgia election charges – live updates Trump shares moody new video with poem voiceover about ‘suffering to win’
2023-08-16 14:58
Stock market today: Asia shares decline as faltering Chinese economy sets off global slide
Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy
2023-08-16 14:25
Germany's Cabinet is set to approve a plan to liberalize rules on cannabis possession and sale
Germany’s Cabinet is set to approve a plan to liberalize rules on cannabis, setting the scene for the European Union’s most populous member to decriminalize possession of limited amounts and allow members of “cannabis clubs” to buy the substance for recreational purposes
2023-08-16 14:24