Business News

Billionaire Mai Vu Minh (in the middle) and Mr. Fahad Al Gergawi - Vice President of the World Association of Investment Promotion Agencies (WAIPA) and CEO of Dubai FDI (3rd from right) in the meeting in Dubai on January 28, 2019.

Billionaire Mai Vu Minh brings billion-dollar projects to Vietnam, his fatherland

Billionaire Mai Vu Minh and SAPA Thale group wants to see that besides Dubai and Middle East, many business houses in Europe, USA and Japan also cooperate with them, which is now keen to invest in Vietnam

Feb 19, 2019

By IBTimes SG Desk

Singapore Budget 2019: Find out what is new on the paper

The following are some highlights of Singapore's budget proposals for Budget 2019.

Feb 18, 2019

By Bhaswati Guha Majumder

Asia bulls dare to hope on trade talks, stimulus

Japan's Nikkei climbed 1.8 percent to its highest level of the year so far, while Australia's main index rose 0.7 percent.

Feb 18, 2019

By Reuters

Oil hits three-month high on OPEC cuts, U.S. sanctions on Iran, Venezuela

International Brent crude futures hit a high of $66.78 per barrel before easing to $66.65 per barrel, up 0.6 percent from their last close.

Feb 18, 2019

By Reuters

Honda Recall 2019: Ridgeline Trucks Recalled For Fire Hazard From Car Wash Detergents

If an affected Ridgeline then comes in contact with a fire-starting source, the truck could pose a fire risk and ignite.

Feb 17, 2019

By Dawn Geske

Anti-Brexit demonstrators wave EU and Union flags opposite the Houses of Parliament, in London

Brexit 'airbags' being tested by business with 40 days to exit day - KPMG

The Bank of England has said the hit to the economy from a disorderly Brexit could be harder than that of the global financial crisis a decade ago.

Feb 17, 2019

By Reuters

China-U.S. trade talks 'making a final sprint'

The state media cautioned that any agreement would have to be in the interests of both the United States and China.

Feb 17, 2019

By Reuters

Why have Saudi Arabia, UAE, Egypt, Bahrain, Yemen and Libya broken ties with Qatar?

Qatar's real estate market faces reality check ahead of World Cup

The protracted row has made it tough to lure would-be foreign buyers of residential or commercial space.

Feb 17, 2019

By Reuters

Uber posts $50 billion in annual bookings as profit remains elusive ahead of IPO

Uber said gross bookings for the fourth quarter were a record $14.2 billion, up 11 percent from the prior quarter.

Feb 16, 2019

By Reuters

Jet Airways' bailout plan: Lenders to become largest shareholders, Goyal's stake may drop to 25%

Jet Airways said that its board has approved a rescue plan, through which a consortium of banks — led by the State Bank of India — will convert a part of their debt into equity.

Feb 16, 2019

By Vanilla Sharma

China ride-hailing giant Didi plans Chile, Peru launches to take on Uber

Didi is China's dominant ride-hailing firm and is backed by investors including Japan's SoftBank Group Corp.

Feb 16, 2019

By Reuters

From left to right: Mr Clarence Ti, Principal of Ngee Ann Polytechnic and Chairman of PolyFintech100; Mr Heng Guan Teck, Deputy CEO, Institute of Technical Education (ITE); Ms Jeanne Liew, Principal and CEO, Nanyang Polytechnic; Dave Stock, Chief Executiv

PayPal FinTech Program to equip more than 1,700 polytechnic & ITE students with extensive industry experience training

The three-year program underlines PayPal's commitment to developing a vibrant innovation ecosystem through a program that will help nurture a new generation of tech talents.

Feb 15, 2019

By IBTimes SG Desk

Feeling unwelcome, Amazon ditches plans for New York hub

The company said on Thursday it did not see consistently "positive, collaborative" relationships with state and local officials.

Feb 15, 2019

By Reuters

China ride-hailing giant Didi to lay off 15 percent staff this year

It will continue to hire for safety technology, product engineering, and international expansion with the aim of maintaining its overall employee count.

Feb 15, 2019

By Reuters

SIA Engineering second quarter net profit plunges 20%

Airbus scraps A380 superjumbos; 3,500 European jobs at stake

When the first Airbus A380 flew out from France in 2007, it was touted as the competitor to the legendary Boeing 747 jumbo.

Feb 15, 2019

By Jacob Nelly

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