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.
Coronavirus hammered Hong Kong’s economy worse than protests
The trading in Hong Kong has been hit harder by the novel coronavirus compared to the six months of anti-government protests, according to financial...
Telemedicine owners charged in million dollars’ worth fraud scheme
The owners of telemedicine companies Advantage Choice Care and Tele Medcare were charged for allegedly masterminding a $56 million healthcare fraud scheme.
Reinaldo Wilson and...
Nintendo hit by coronavirus; production gets delayed
Japanese gaming giant Nintendo has confirmed feeling the heat of the novel coronavirus as it disrupts the production and deliveries of some of its...
Airbnb’s new booking rules punish Canadians under 25s
Short-term rental company Airbnb has seemingly set another punishment for young Canadians as it banned all individuals, aged 25 below, from booking whole properties...
Int’l law firm Appleby criticized over Paradise Papers leak
The previous decade was probably Appleby’s most miserable era as it was repeatedly criticized by monetary authorities and inspectors for fail regulations on terrorist...
UK’s software founder arrested for fraud charges
Mike Lynch, the former CEO of United Kingdom-based software company Autonomy, has been arrested over charges of fraud and conspiracy.
Reports said that the entrepreneur...
Bank exec barred by FED for involvement in Malaysian scandal
A senior executive of Goldman Sachs Group was permanently banned from working in the banking industry after he was found to have a role...
China’s TCL to stop release of BlackBerry phones
TCL communications announced that it will stop the production of BlackBerry devices beginning this August as the licensing agreement officially ends.
In 2016, the Chinese...
OPEC advances meeting to discuss oil price cuts amid coronavirus
Originally scheduled in March, the Organization of the Petroleum Exporting Countries and its allies decided to convene earlier to evaluate the sharp decline in oil...
Singapore revises residency scheme to attract more investors
The Government of Singapore has made it easier for high-performing businessmen and entrepreneurs to apply for the status of Permanent Residence (PR) following significant...