The Body Shop, a popular retailer of natural beauty products, has announced that it is ceasing operations in the United States. The company, which is owned by Brazilian cosmetics giant Natura & Co., cited challenges in the US market as the reason for its decision.
The Attorney General of New York has filed a lawsuit against a cash-advance operation for issuing fraudulent loans with interest rates as high as 820%.
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California has given Waymo the green light to expand its robotaxi operations in the state. The approval comes after rigorous testing and reviews of the safety protocols put in place by Waymo.
California regulators have put a pause on Waymo’s application to expand its robotaxi operations in the state. The decision comes as a setback for the autonomous vehicle company, which had been eager to launch its service to more cities.
HSBC stock plummeted today after the bank reported a staggering $3 billion hit from its operations in China. This significant financial blow has sent shockwaves through the financial world, leaving investors in a state of panic.
Global mining and commodity trading giant Glencore has recently announced its decision to sell its stake in the lossmaking New Caledonia nickel operations. The move comes as Glencore aims to streamline its business portfolio and prioritize more profitable ventures.
In a groundbreaking move, Joby, the leading electric vertical takeoff and landing (eVTOL) aircraft manufacturer, has been granted the exclusive rights to carry out air taxi operations in Dubai. The decision was announced by the Dubai Aviation Authority (DAA) earlier this week, marking a new era in the city’s transportation system.
The United States government has recently initiated a comprehensive investigation into the cryptocurrency mining industry within its borders. This move aims to evaluate the environmental impact, economic implications, and potential regulatory challenges associated with the growing trend of digital currency mining.
In a highly successful operation, federal agencies have collaborated to seize a staggering amount of illegal e-cigarettes with a street value of over $18 million. Operation Smokeout, as it was dubbed, was a concerted effort by various federal departments to combat the growing problem of illicit tobacco products flooding the market.
The Panama government has recently issued a directive ordering First Quantum Minerals Ltd. to cease all mining operations in the country. The decision comes after concerns were raised regarding the environmental impact and sustainability of the company’s activities.
