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.
UK business plays a crucial role in meeting the 2050 net-zero target
The UK set its first climate change target back in 1997 under the Kyoto Protocol. With a commitment to reduce...
Hyflux receives letter of intent for potential investment from unnamed China-based suitor
SINGAPORE: Another potential suitor has knocked on the doors of embattled water treatment firm Hyflux with a non-binding letter of...
Liam Fox warns WTO is ‘in crisis’ as businesses told to brace for no-deal Brexit
The US-China trade war, industrial strife and political deadlock all threaten to overwhelm the World Trade Organization, putting the future...
Alibaba files for HK listing that may raise $20b
HONG KONG: China’s biggest e-commerce company Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing that could...
Low expectations from Trump-Xi trade talks
WASHINGTON: With less than three weeks to go before proposed talks between the Chinese and US leaders, expectations for progress...
No-deal Brexit could see UK ‘flooded with cheap copies of British goods’
Britain could be flooded with cheaper foreign copies of UK goods in a no-deal Brexit, a leading manufacturing group has...
Uber picks Melbourne as first international test site for flying taxi service
MELBOURNE: Uber Technologies said it will use Australia's second-largest city, Melbourne, as the first international test site for the group's...
Singapore seen as one of the easiest countries to do business in Asia
Based on a report by TMF Group, a provider of international administrative services, Singapore is ranked the sixth easiest place...
Oil rises on supply cuts, but weak economy holds market back
SINGAPORE: Oil prices rose on Tuesday after Saudi Arabia said producer club OPEC and Russia should restrict supplies to current...
UK and South Korea agree to sign free trade deal
UK-Korean trade was worth £14.6bn in 2018, up by an average of 12% per year since the EU-Korea Free Trade...
G20 agrees to push ahead with digital tax
FUKUOKA / JAPAN: Group of 20 finance ministers agreed to compile common rules to close loopholes used by global tech...
US leaves door open to China on trade talks at G20
WASHINGTON: The United States is open to further negotiations with China on their ongoing trade battle but any potential deal...
Ukraine-Turkey free trade agreement is 99% ready
The free trade agreement between Ukraine and Turkey is 99% ready. "The agreement is 99% ready. Some details have left...
Oil prices fall amid economic slowdown
SINGAPORE: Oil prices fell on Tuesday as an economic slowdown started to dent energy demand, but markets won some support...
Chinese data suggests some damage from trade war
BEIJING: A report Monday on Chinese manufacturing suggested that Beijing’s trade war with the Trump administration is causing economic damage....
Oil prices edge higher as Saudi reassurances stem decline
LONDON: Oil prices edged higher on Monday after reassurances from top oil exporter Saudi Arabia offered some respite from last...
US cuts off India preferential trade access
WASHINGTON: The United States will end preferential trade treatment for India from Wednesday, US President Donald Trump has announced, in...
China raises tariffs on US goods amid esclating tensions
BEIJING: China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of...
UK car output crashes on Brexit-induced shutdowns
British car output almost halved in April as factories imposed shutdowns in the face of Brexit uncertainty and other sector-wide...
China suffering from trade conflict: Trump
WASHINGTON: President Donald Trump repeated his claim on Thursday that China is suffering most in the trade conflict with the...
