Business News

Trump Gives China's ByteDance 45 Days to Sell TikTok to Microsoft - Report

However, Microsoft has cautioned that there is no certainty that a deal will be reached with ByteDance.

Aug 3, 2020

By IBTimes APAC Desk

Stock Market of Iran Goes Past Key Level to Record High, Analysts Warn of Bubble

The index closed at 1,961,649 on Saturday after rising by over 57,325 points, or 3.01%, on the day, as per the Tehran Stock Exchange (TSE) website

Aug 2, 2020

By IBTimes APAC Desk

Older Cathay Pacific Pilots Offered Early Retirement Schemes

Cathay Pacific Airways Ltd said that it is attempting to find various methods to decrease costs in the medium term

Aug 1, 2020

By IBTimes APAC Desk

Another Blow for TikTok: Rival Triller Sues Chinese Short-Video App for Patent Infringement

Triller now seeks an injunction against further infringements and unspecified amount in damages from TikTok

Jul 31, 2020

By R. Ghosh

Project Kuiper: Amazon Takes on Musk's SpaceX with $10 Bln Investment in Internet Satellites

The big announcement also comes on a day the e-commerce giant posted its biggest quarterly profit in its 26-year history.

Jul 31, 2020

By R. Ghosh

Elon musk Spacex

Meet Antonia Stephenson II, the Navy veteran of the US and the investor and entrepreneur par excellence

He served on the board aircraft carrier USS Theodore Roosevelt (CVN-71) and today is a thriving entrepreneur who has founded Stephenson Wealth Management Group.

Jul 31, 2020

By IBTimes SG Desk

Oil Prices Fall as Coronavirus Rise Weighs on Demand Outlook

The potential hit to the demand rebound comes just as OPEC and its allies, OPEC+, are set to step up output in August, adding around 1.5 million barrels per day to worldwide supply

Jul 30, 2020

By IBTimes APAC Desk

Coronavirus

US economy expands 1.4% in fourth quarter; corporate profits fall

US Economy Probably Suffered Historic Plunge in Second Quarter

The Federal Reserve Chair Jerome Powell on Wednesday acknowledged that there is a slowdown in the activity

Jul 30, 2020

By IBTimes APAC Desk

Coronavirus

Google, Facebook Feel The Heat: Big-Tech Antitrust Hearing EXPLAINED in 5 Points

CEOs of Apple, Google, Facebook and Amazon face questions on matters including antitrust and political bias.

Jul 30, 2020

By R. Ghosh

Amazon prime Facebook Mark zuckerberg

AstraZeneca Tops Expectations as Coronavirus Vaccine Hopes Continue

The company reiterated that it was on track with late-stage trials for the coronavirus vaccine that can be rolled out by the year-end

Jul 30, 2020

By IBTimes APAC Desk

Coronavirus

Panasonic Expecting Annual Profit to Halve on Hit by Coronavirus

Panasonic forecast the operating profit of 150 billion yen ($1.4 billion) for the year through March 2021, which is down from 293.75 billion yen last year

Jul 30, 2020

By IBTimes SG Desk

Coronavirus