Business News

Igal Ahouvi - Prominent Businessman and Art Collector or Troublemaker?

Igal Ahouvi had partnered with 3 Israeli entrepreneurs on a timeshare tourism project based in Vietnam

Oct 14, 2022

By IBT Desk

A man walks past a Singapore Airlines signage at Changi Airport in Singapore

Singapore Airlines Eyes Stake in Air India; Tie-Up With Tata Group Airlines Will Challenge Gulf Carriers

India's Tata Group now controls three airlines -- Air India, Vistara and Air Asia India.

Oct 13, 2022

By Jacob J

Benefits of outsourcing overseas, according to BruntWork's Winston Ong

Winston Ong said One of the most significant benefits of outsourcing labour overseas is that it can save businesses a significant amount of money.

Oct 13, 2022

By Adrian John Ignacio

Credit Suisse Shares Plunge as Legal Challenges Dent Recovery Plan

Shares dropped on news that the US Justice Department is investigating if Credit Suisse helped its US customers hide hundreds of millions of dollars.

Oct 13, 2022

By Jacob J

From the Trenches to the Boardroom: RivX CEO's Fascinating Journey

Antonio Rivodo says No one's saying be a pushover, but understand that others have already accomplished what you are trying to accomplish. Be grateful for the knowledge and be bold in your mission to accomplish the same

Oct 12, 2022

By IBT Desk

Johnny Moseley Brings Former Sheriff's Deputy on Board to Overhaul Training Program

Johnny Moseley said The only thing that stood between me and my aim of $1bn annual revenue is having trained field supervisors and labor crews

Oct 12, 2022

By Vivienne Benitz

More Trouble for Credit Suisse; Manhattan Court Starts Trial in Forex Market Rigging Case

The lawsuit says Credit Suisse traders shared nonpublic pricing information with traders in other banks and colluded to fix prices in the foreign exchange market.

Oct 12, 2022

By Jacob J

Will China Overtake the US as the World's Largest Economy Ever? It's Unlikely; Not Any Time Soon, Anyway

If the current Covid policy stays in place, China GDP growth will be pushed back to below 3 percent levels.

Oct 11, 2022

By Jacob J

Jamie Dimon's Recession Fixation: Latest Warning Comes After Robust Jobs Data

Dimon's latest recession warning came after data showed hiring was happening at a brisk pace and unemployment was at a half-century low even as average pay increased. This does not exactly look like a perfect recipe for a recession.

Oct 11, 2022

By Jacob J

Netflix Revenue From Ads to Zoom to $2.65 Billion, New Model to Have 22 Million Subscribers - Report

On Monday, Netflix shares closed at$229.98, compared with $587.37 at the beginning of the year.

Oct 11, 2022

By Jacob J

Netflix

Coinbase Gets a Boost as it Gets Payment License in Singapore

Singapore's central bank, the Monetary Authority of Singapore, began offering payment approval to cryptocurency firms last year.

Oct 11, 2022

By Jacob J

Credit Suisse Shares Rise For 3rd Straight Day as PE Firms Show Interest in Buying Key Products Unit

Credit Suisse stock rose 3.7 percent to 4.61 Swiss francs on Monday, marking an 18 percent rise after dropping to its record closing low at the end of September.

Oct 10, 2022

By Jacob J

Bitcoin Mining Difficulty at All-Time High; 35.6 Trillion Hashes Required to Mine One BTC

The difficulty gauze is putting an additional squeeze on miners. Higher energy prices and decreasing value of Bitcoin were already their major challenges.

Oct 10, 2022

By Prabhat Ranjan Mishra

The Future of the NFT Landscape in Southeast Asia

Jack Dorsey said Take for instance Mittaria. It is a budding entertainment hub that aims to empower a global community of animation enthusiasts by connecting and nurturing their creativity through IPs and NFTs

Oct 10, 2022

By IBT Desk

Adani Group to Raise $10 Billion to Drive Clean Energy; Sees India Becoming Net Exporter

The group promoted by Gautam Adani, the world's third richest person, held talks with Singapore's sovereign wealth fund GIC and Singapore investment firm Temasek.

Oct 10, 2022

By Jacob J

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