Business

Dawn

Nationwide iPhone scam probe widens

ISLAMABAD: The Federal Tax Ombudsman (FTO) has detected what it termed an organised scam involving the import and clearance of an iPhone 16 and directed the Federal Board of Revenue (FBR) to investigate the alleged role of FedEx, Customs…

Dawn

Bloomberg

Japan Earthquake Leaves 13 Dead

Rescuers continued the hunt for survivors in the ruins of a shopping mall on the southwestern island of Kyushu on Wednesday, after a major earthquake in which 13 people have been confirmed dead so far. (Source: Bloomberg)

Bloomberg

Trump’s diversity crackdown reverberates through U.S. boardrooms

Trump’s diversity crackdown reverberates through U.S. boardrooms

Appointments of women ⁠and racial minorities to S&P 500 boards have dropped to their lowest level in more than a decade.

Mark Zuckerberg says US should not ban Chinese AI

Mark Zuckerberg says US should not ban Chinese AI

Meta chief warns against ‘regulatory capture’ of American rules on the technology

Oil falls below $84 amid renewed US-Iran diplomacy efforts

Oil falls below $84 amid renewed US-Iran diplomacy efforts

Global oil prices fall below $84 as renewed US-Iran diplomacy efforts ease fears of supply disruptions and potential Strait of Hormuz reopening. Read More: https://punchng.com/oil-falls-below-84-amid-renewed-us-iran-diplomacy-efforts/

Firms in central Japan suspected of condo repair bid-rigging

Firms in central Japan suspected of condo repair bid-rigging

The Japan Fair Trade Commission on Tuesday conducted on-site inspections of more than 20 companies in Aichi, Gifu and Mie prefectures.

Bank recapitalisation must deliver cheaper, safer financial services – EFInA

Bank recapitalisation must deliver cheaper, safer financial services – EFInA

EFInA CEO Foyinsola Akinjayeju states that Nigeria’s bank recapitalisation must lead to cheaper, safer, and more accessible financial services for consumer Read More…

Japan’s Takaichi warns of ‘race against time’ to rescue earthquake survivors

Japan’s Takaichi warns of ‘race against time’ to rescue earthquake survivors

Powerful tremor in Kumamoto prefecture has left at least 13 people dead

INEC chair seeks Osun monarchs’ support to de-escalate tension

INEC chair seeks Osun monarchs’ support to de-escalate tension

INEC Chairman seeks Osun monarchs’ support to de-escalate tension ahead of the August 15 governorship poll, emphasizing peaceful and credible Osun election Read More…

AI risks drag on $5bn Thoma Bravo-backed software refinancing

AI risks drag on $5bn Thoma Bravo-backed software refinancing

Cybersecurity firm Proofpoint faces higher borrowing costs and tighter covenants in latest debt deal

CNBC

Audi continues U.S. product push with three-row Q9 SUV

Audi sales have struggled in the U.S. over the last several quarters. The brand has been hit by tariffs and a market shift away from EVs. New product may help.

CNBC

Crude prices climb over 4% as Middle East tensions, inventory draw fuel supply fears

Times of India