Software firm SAP to pay $220m over bribery charges

Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation.  Market Impact Raiffeisen’s presence…

The Federal Aviation Administration said Wednesday it is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight while in mid-air last week, forcing an emergency landing. The FAA has grounded 171 Boeing jets installed with the same panel after the landing, most of which are operated by carriers Alaska Airlines and United…

They described situations where they received angry messages from Edwards, or were forced by him to apologize, after criticizing diversity efforts at the company. “If you don’t apologize,” he wrote to one former employee who said he should resign, “we’re going to war.” Two former employees described an incident that occurred prior to Edwards joining…

Regulator Ofgem has given three companies permission to force-fit prepayment meters in homes.

Daymond John attends the 2023 Vanity Fair Oscar Party Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts in Beverly Hills, California, on March 12, 2023. Leon Bennett | Filmmagic | Getty Images “Shark Tank” star Daymond John is looking to give Black business owners a boost for the fourth year running….

In an interconnected world where businesses span continents and markets are as global as your local supermarket’s produce section, the supply chain is the unsung hero of our modern economy. However, recent years have shown that this complex web of logistics and commerce is more fragile than previously thought. Let’s dive into the tumultuous waves…