World Business
A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers.
Bank of Ireland to sell its UK credit card business for £530m
Bank of Ireland has sold its British credit card portfolio to digital finance company Jaja Finance for around £530 million....
Ford to cut 12,000 jobs in Europe by end of 2020
FRANKFURT: Ford said it will have to cut 12,000 jobs in Europe by the end of next year to try...
Optimism among Canadian small businesses rebounds after lull
Canada’s small businesses are more positive than they’ve been in almost a year, and they’re looking to spend. The Canadian...
Trump hits out at ‘unacceptable’ Indian tariffs ahead of G20
ABOARD AIR FORCE ONE: Donald Trump on Thursday lashed out at what he called ‘unacceptable’ tariffs imposed by India as...
US consumer confidence hits 21-month low as tariff fears bite
WASHINGTON: Anxieties jumped among American consumers this month as President Donald Trump’s trade wars dragged on, sending an index of...
China’s Australian coking coal imports halve in May from April
BEIJING, June 25 (Reuters) - China’s imports of Australian coking coal in May plunged 49.3% from a month earlier, customs...
Trade tensions will benefit none: Christine Lagarde
KUALA LUMPUR: Trade tensions between the United States and China will not benefit any party over the long term, Managing...
Hong Kong teeters on edge of US sanctions
Hongkonger Hendrick Lui believes the United States should slap sanctions on those responsible for cracking down on recent mass protests...
Iran, Venezuela may complicate global oil deal talks: Kazakhstan
ST PETERSBURG: Talks between OPEC and its allies next month about whether to extend their pact on cutting oil supplies...
Exxon’s $53b Iraq deal hit by contract snags, Iran tensions
BASRA/BAGHDAD: Just weeks ago, US energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost...
The ASEAN-Hong Kong China Free Trade Agreement and Vietnam
The ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA) came into effect on June 11 for Vietnam, Laos, Myanmar, Singapore, and...
Oil flat after rallying on US-Iran tensions
HONG KONG: Oil prices stabilised Friday following the previous day's surge fuelled by tensions between the United States and Iran,...
Tale of two cities: Hong Kong turmoil may boost Singapore’s financial hub status
SINGAPORE : Hong Kong's reputation as a stable financial hub has been shaken by a controversial extradition Bill that prompted...
Belt and Road Initiative can lift 32m out of poverty: World Bank
WASHINGTON: China’s massive Belt and Road infrastructure drive could speed up economic development and reduce poverty for dozens of developing...
Switzerland eyes great potential for developing trade with Russia
MOSCOW, : Swiss companies consider Russia and the Eurasian Economic Union as an important market with a high growth potential,...
China’s Belt and Road can speed development, needs transparency: World Bank
WASHINGTON: China’s massive Belt and Road infrastructure drive could speed up economic development and reduce poverty for dozens of developing...
Alibaba reorganises ahead of planned Hong Kong listing
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Huawei prepares for fall in international smartphone shipments
BEIJING: Huawei is preparing for a 40 per cent to 60 per cent decline in international smartphone shipments, Bloomberg reported...
EU may freeze customs union talks with Turkey over East Med drilling
European Union governments will reiterate their condemnation of Turkey’s “continued illegal actions in the Eastern Mediterranean,” according to a draft...
Boeing apologises for MAX 737 crashes, promises to learn lessons
LE BOURGET: Boeing executives took turns to apologize for the loss of life in two 737 MAX crashes and pledged...
