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Tesla Sues ex-Employee for Allegedly Stealing 26,000 Confidential Files

Tesla has sued a former employee for allegedly stealing about 26,000 confidential files in his first week of working at the company, according to a court filing seen by AFP. 

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Oman Bars Expats from Certain Jobs amid Economic Downturn

Oman announced Sunday it will bar expatriates from certain jobs in an effort to create more employment opportunities for its citizens amid an economic downturn. 

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Asian Markets Take a Step Back after Biden-fuelled Rally

Asian markets fell Friday as investors took a breather following a strong week for global equities as Joe Biden took up residence in the White House, though there are concerns about the outlook for his new stimulus proposal.

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Iran, Pressured by Blackouts and Pollution, Targets Bitcoin

Iran's capital and major cities plunged into darkness in recent weeks as rolling outages left millions without electricity for hours. Traffic lights died. Offices went dark. Online classes stopped.

With toxic smog blanketing Tehran skies and the country buckling under the pandemic and other mounting crises, social media has been rife with speculation. Soon, fingers pointed at an unlikely culprit: Bitcoin.

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Ex-Vatican Bank Chief Gets 9 Years for Embezzlement

A former head of the Vatican bank, Angelo Caloia, was on Thursday found guilty of embezzlement and money laundering and sentenced to eight years, 11 months in prison.

It was the first ever jail sentence issued by a Vatican state court in relation to financial crimes -- a milestone in Pope Francis' ongoing efforts to clean up Vatican governance.  

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Google and Media: Agreements, Disagreements from Paris to Sydney

While Google has reached a deal with French dailies on compensating them for "neighboring rights", the internet giant has piqued the anger of the Australian government while signing up publishers in several countries to its new news scheme.

Here is a look at the situation.

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European Stocks Slide after ECB Meeting

European stock markets lost steam Thursday and slid lower following a meeting by directors of the European Central Bank (ECB).

In New York, the Dow Jones index dipped as investors mulled mixed economic data on housing and jobs.

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Markets Welcome Biden Presidency with Healthy Gains

Asian and European markets welcomed Joe Biden's first day as US president with broad gains Thursday as investors looked forward with optimism about his economic and Covid-19 recovery plans.

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Asia Markets Mostly Up on Hope for Biden Recovery Agenda

Asian investors pushed markets higher again Wednesday as they await the swearing-in of Joe Biden, while they have taken heart from comments by Treasury nominee Janet Yellen as she looks to push through the new president's stimulus proposals.

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Eurozone Banks Tighten Lending Conditions Further, Says ECB

Eurozone banks further tightened conditions for approving loans in the fourth quarter of 2020, a European Central Bank survey showed Tuesday, as a resurgence of Covid-19 clouded the outlook.

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