Business News

Malaysian police seek parents of fugitive 1MDB financier Low

Authorities filed money laundering charges against both the son and the father in August 2018.

Jan 25, 2019

By Reuters

Oracle pay bias lawsuit: Tech giant underpaid thousands of women, black and Asian employees

United States Department of Labor has accused Oracle of underpaying more than 5,000 women employees with disparity recorded at about 20 percent.

Jan 24, 2019

By Vanilla Sharma

microsoft new standards of safe windows 10 pc

Microsoft says Bing search engine blocked in China

A search performed on Bing's China website - cn.bing.com - from within mainland China directs the user to a page that says the server cannot be reached.

Jan 24, 2019

By Reuters

Chinese smartphone vendors begins losing buyers

US universities unplug from China's Huawei under pressure from Trump

The new law is part of a broader Trump administration strategy to counter what it sees as China's growing threat to U.S. economic competitiveness and national security.

Jan 24, 2019

By Reuters

Huawei

Adobe acquires Allegorithmic, the leader in 3D editing and authoring for gaming and entertainment

With the acquisition of Allegorithmic, Adobe takes a powerful step forward in adding expanded 3D and immersive workflows to Creative Cloud and provides Adobe's core customer base of designers a new set of tools for 3D projects.

Jan 24, 2019

By IBTimes SG Desk

Deputy Minister of Planning and Investment Vu Dai Thang holds a working session with a business delegation, including CEO of Dubai FDI, Vice President of the World Association of Investment Promotion Agencies Fahad Al Gergawi and billionaire and Chairman

Implementing investment cooperation between SAPA Thale and Dubai's leading enterprises

Commercial transactions between Vietnam and the Middle East has been significant growth recently.

Jan 24, 2019

By IBTimes SG Desk

India will become world's fastest growing economy in 2019-20: IMF

India's growth could rise from an estimated 7.3% in the current financial year to 7.5% in 2019-20 amid a global slowdown.

Jan 23, 2019

By Prathapan Bhaskaran

Brexit backer Dyson moves vacuum giant's HQ to Singapore

Rowan said the Chinese market had grown in four years from a start-up to a market of a similar size to the United States.

Jan 23, 2019

By Reuters

california-deputy-walks-through-camp-fire-devastation

PG&E shares surge as company secures $5.5 billion in bankruptcy financing

Investment banks JPMorgan Chase & Co, Bank of America Merrill Lynch, Barclays Plc and Citigroup Inc will provide financing, the company said in a filing.

Jan 23, 2019

By Reuters

Motorist.sg secures seed funding from Der Shing Lim, Shao-Ning Huang & Royston Tay

According to industry sources, Motorist.sg's transaction volume is at three to five times of their nearest competitors.

Jan 21, 2019

By IBTimes SG Desk

Berkshire denies media report on accord to extract lithium

A unit of Berkshire Hathaway Inc denied a report on Sunday that it reached an agreement to allow extraction of lithium from its geothermal wells in California.

Jan 21, 2019

By Reuters

Toyota, Panasonic setting up EV battery JV amid rising China competition: source

The two companies may announce the joint venture plan as early as this week, according to the source.

Jan 21, 2019

By Reuters

donald-trump-calls-for-us-missile-defense-in-space-says-we-will-detect-and-destroy-any-threat

Trump says deal 'could very well happen' with China

Chinese Vice Premier Liu He will visit the United States on Jan. 30 and 31 for the next round of trade negotiations with Washington.

Jan 20, 2019

By Reuters

Aging Singapore: City-state helps firms retain workers past retirement age

Its population is the second-fastest aging in the world after South Korea, according to U.N. figures.

Jan 20, 2019

By Reuters

Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei

Nissan ex-chairman Carlos Ghosn, arrested and detained in Tokyo since Nov. 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 2018.

Jan 20, 2019

By Reuters

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