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Deutsche Bank to pay $75 mn in Epstein victim settlement: report
Deutsche Bank will pay $75 million to settle litigation alleging the German lender financially benefited from supporting Jeffrey Epstein's sex trafficking scheme, according to a report Wednesday. Deutsche Bank in July 2020 agreed to pay $150 million to settle allegations brought by the New York Department of Financial Services for compliance failures connected to the bank's work for Epstein.
Micron reveals $3.6 bn Japan chip plan after PM meets execs
Micron said Thursday it will invest $3.6 billion to produce next-generation semiconductors in Japan, after Prime Minister Fumio Kishida held talks with some of the world's biggest chipmakers.
Asian markets rally with Wall St on US debt optimism
Asian investors on Thursday tracked a strong Wall Street rally, fanned by optimism over talks to avert a catastrophic US debt default. The news of progress was greeted warmly on Wall Street, where all three main indexes ended more than one percent higher, and Asia followed in early business Thursday.
Private satellites give boost to public sector in climate fight
From satellites that can pinpoint the sources of industrial pollution, to others that track hurricane movements by the hour, space has emerged as a key front in the fight against climate change.
Netflix says ad-supported plan has nearly 5 mn users
Netflix on Wednesday wooed marketers with word that its nascent ad-supported plan has grown to nearly five million users globally. Membership in its ad-supported tier has more than doubled since early this year, growing to nearly five million, according to Netflix.
Montana becomes first US state to ban TikTok
Montana on Wednesday became the first US state to ban TikTok, with the law set to take effect next year as debate escalates over the impact and security of the popular video app. The ban will take effect in 2024, but be voided if TikTok is acquired by a company incorporated in a country not designated by the United States as a foreign adversary, the law read.
Theranos founder Holmes ordered to prison, pay victims
Fallen US biotech star Elizabeth Holmes must begin serving prison time after a judge denied her latest request to remain free while appealing her fraud conviction. She was scheduled to begin doing time behind bars in late April, but her lawyers lodged a last-minute appeal on procedural issues after an earlier attempt was denied.
'The Real Housewives of Durban' fans laud Annie Mthembu for being the star of season 3: "She carried the show"
'The Real Housewives of Durban' fans have praised Annie Mthembu for carrying the Showmax show's season 3. Fans loved how she was composed the entire season.
Lady Zamar: Mzansi refuses to buy her merch after accusing Sjava of sexual assault, "We haven't forgotten"
Lady Zamar is still unforgiven by Mzansi after accusing Sjava of sexual assault. Peeps didn't want to buy the 'Collide' hitmaker's new merch after promoting it.
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