Business
Keep yourself informed about the latest business news, trends, and analyses with Business News. Our team of investigative journalists provides in-depth coverage of the world of business.
Huawei’s lawsuit challenging US purchase ban rejected
Chinese technology giant Huawei loss its legal challenge of the constitutionality of a US law that restricts federal agencies from purchasing its products.
A US judge...
Malaysian manufacturers of hygiene products struggle to meet surging demand amid...
Producers of disinfectants, hand sanitizers, and rubber gloves in Malaysia are struggling to provide global requests which have ballooned due to the COVID-19 outbreak, which has now claimed more than 2,000 lives in China. Channel News Asia reported that local manufacturers of sanitizing products could not produce the expected demand because they lack materials which […]
Philippine Airlines appoints new president, raises capital stock by 130%
The flag carrier airline of the Philippines announced that it will now be controlled by Lucio Tan as he was recently appointed as the...
Malaysian companies urged to reduce plastic use to clean oceans
The World Wide Fund for Nature (WWF) is urging the Malaysian government to work with companies to immediately come up with effective measures to...
Apple won’t hit revenue forecasts due to coronavirus
American multinational technology firm Apple said during the investor update that it will not meet its target earnings for March as its production and...
Thailand’s 5G auction raises over 100 billion baht
The National Broadcasting and Telecommunications Commission (NBTC) of Thailand has successfully concluded its 5G spectrum auctions on Sunday which raised a total of 100.52 billion baht...
Tesla plans to strengthen financial position by issuing more shares
American automaker Tesla announced that it would sell $2 billion of common stock in a new public offering in order to purchase another 15%,...
Nissan sues former chairman and seeks $91 million damages
Japanese auto giant Nissan Motor Co. has sued its former chairman Carlos Ghosn as it seeks $91 million (for ¥10 billion) in damages.
The civil...
Contractors to face charges over refurbishment of England’s Grenfell Tower
Several contractors and executives who are involved in the refurbishment of Grenfell Tower in London are scheduled to appear in court for possible fraud and...
Indian ridesharing giant launches in London
Ola, an Indian ride-hail company, began its operations in London on Monday as part of its continued expansion in the United Kingdom.
The firm, which...