SAP to pay more than $220 million to settle bribery charges: DOJ & SEC

SAP to pay more than 0 million to settle bribery charges: DOJ & SEC

Christian Klein, CEO of the software company SAP, stands on the podium looking at his cell phone before the start of the company’s Annual General Meeting. Uwe Anspach | Picture Alliance | Getty Images SAP, the $192 billion German enterprise tech company, will pay more than $220 million to settle investigations into worldwide “recidivist” foreign … Read more

Global shipping rates set to surge as carriers avoid Red Sea

Global shipping rates set to surge as carriers avoid Red Sea

The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting and delaying deliveries of products. Vessels aren’t able to come back to Asia in time, and ocean carriers are canceling sailings on … Read more

AI election disruption poses the biggest global risk in 2024

AI election disruption poses the biggest global risk in 2024

Alfieri | Digitalvision Vectors | Getty Images As around half of the world’s adult population heads to the polls in a bumper year of elections, concern over the role of artificial intelligence in disrupting outcomes has topped the list of the biggest risks for 2024, according to a new report. The World Economic Forum’s “Global … Read more

South Africa launches case at top UN court accusing Israel of genocide in Gaza

South Africa launches case at top UN court accusing Israel of genocide in Gaza

The Hague: South Africa launched a case Friday at the United Nations’ top court accusing Israel of genocide against Palestinians in Gaza and asking the court to order Israel to halt its attacks. Israel swiftly rejected the filing “with disgust.” South Africa’s submission to the International Court of Justice alleges that “acts and omissions by … Read more

30 countries keen on partnership ties with BRICS: Russian Foreign Minister Lavrov

30 countries keen on partnership ties with BRICS: Russian Foreign Minister Lavrov

Moscow: Russian Foreign Minister Sergey Lavrov on Tuesday said that 30 countries have expressed their interest in establishing partnership ties with the BRICS grouping. Lavrov said Moscow expects a wide range of solutions to be developed ahead of the group’s next summit, set to take place in the Russian city of Kazan in October next … Read more