International Business

Ford Motor Co. on Monday said it will scale back production at two plants in Germany due to chip shortages.

The heat is intense. The grief is palpable. Fires just do not stop burning in the Indian capital, Delhi, right now.

The company is the latest to reveal a hit from the global shortage of semi-conductors – a result of the coronavirus crisis. Jaguar Land Rover (JLR) has revealed that production at two of its UK manufacturing plants is to be suspended due to a shortage of parts.

A hospital employee in Italy has been accused of skipping work on full pay for 15 years, local media report.

Bernie Madoff,  mastermind of the Ponzi scheme in the US, which ripped off tens of thousands of clients of an estimated $65 billion, died today One of the biggest fraudsters in history has died in prison at the age of 82 while serving a 150-year jail sentence.

Former Arsenal star Mesut Ozil has teamed up with stunning model Kate Upton and Hollywood A-lister Eva Longoria to buy a stake in Mexican club Necaxa. The former Arsenal midfielder joined Turkish side Fenerbahce in January after eight years with the Gunners. Ozil, 32, has now joined a consortium bidding to buy 50 per cent of three-times Liga MX – …

Prince Harry has announced another new job today – his second in 48 hours – as a celebrity commissioner for an American study fighting the ‘avalanche of misinformation’ in the digital world funded by a controversial billionaire Craig Newmark.

Donald Trump’s net worth dropped by about $700m to $2.3bn (£1.65bn) during his time as president, according to the Bloomberg Billionaires Index.  

An Italian court has cleared two global oil giants, Eni and Shell, over allegations of corruption in Nigeria. The long-running case centred around the $1.3bn (£936m) purchase of an offshore oil block in 2011.

South Korean e-commerce giant Coupang listed its shares on the New York Stock Exchange on Thursday making a multi-billionaire out of its founder Bom Kim.