Business News

Swedish Mining Company LKAB Finds Huge Rare Earths Deposits; Can Europe End Its China Dependence?

According to the European Commission estimates, as much as 98 percent of the rare earths minerals that Europe needs come from China.

Jan 14, 2023

By Jacob J

Bitcoin Is NOT Dead; Largest Cryptocurrency Rises 4% to Go Beyond $20,000

The cryptocurrency is up 26.4% from the year's low of $16,496 on January 1.

Jan 14, 2023

By IBTimes APAC Desk

Will Financial Armageddon Happen Via a US Default on Interest Payments? EXPLAINER

A Us government interest payment default, albeit unlikely, is termed as a potential financial Armageddon, that will throw the entire global economy into a tailspin.

Jan 14, 2023

By Jacob J

Subway For Sale? Here's Why Quick-Service Food Chain is a Great Value Target at $10 Billion

The quick-service food chain best known for 'submarine' sandwiches and wraps has been held privately for more than five decades.

Jan 13, 2023

By Jacob J

Singapore joins IEA as SE Asia oil demand set to rise 80% by 2040

US to Become Net Crude Oil Exporter First Time Since 1945; Here's How it Works

According to US government data released in November last year, the country, which has long been known only as the biggest energy consumer in the world, imported only 1.1 million barrels per day of crude oil.

Jan 12, 2023

By Jacob J

FTX Has Recovered $5 Billion in Cash, Liquid Cryptocurrencies and Securities, Says Attorney

Bahams said last week it seized $3.5 billion in FTX digital assets, as its former CEO Sam Bankman-Fried faces a trial in the US.

Jan 11, 2023

By IBTimes APAC Desk

Japanese Clothing Giant Uniqlo Offers 40% Pay Rise; Japan's Low Wage Problem in Focus

The company said there was an urgent need to raise pay, in order to bring the pay package on par with global rates.

Jan 11, 2023

By Jacob J

Goldman feels the heat in Asia as IPO engine slows

Goldman Sachs to Cut 3,800 Jobs; Layoffs Begin This Week as Profit Outlook Remains Poor

In September last year, Goldman Sachs had cut about 500 employees. The move had come after the investment bank reported a 48 percent plunge in its second quarter profit.

Jan 9, 2023

By Jacob J

4 Steps To Starting A Business In The Philippines

To start a business in the Philippines you must obtain a business permit. This is a legal requirement and allows the government to regulate business activities.

Jan 9, 2023

By IBT Desk

20 Years Old Entrepreneur Who Scaled More Than 200+ Companies with His Marketing Strategies

Sudheer Miriyalkar said Most marketing and business growth coaches don't generally have an idea of how to scale a business

Jan 8, 2023

By IBT Desk

Austin Rotter Shares 5 New Year's Resolutions for Marketers

Austin Rotter said Visual content is on the rise and is the most popular medium right now. The meteoric ascent of platforms like TikTok and the popularity of short videos on YouTube shorts are a visible example

Jan 8, 2023

By IBT Desk