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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 to get limited role in British 5G network

China’s telecommunication giant Huawei will only get a “limited role” in the United Kingdom’s future 5G network following the recommendation of British government officials. The lawmakers proposed the exclusion of Huawei from the sensitive and data-heavy “core” part of the fifth generation and it will also be blocked from government systems. This was decided in […]

China’s new coronavirus hits global markets

"The cost to the global economy can be quite staggering in negative GDP terms if this outbreak reaches epidemic proportions." Thus, said Stephen Innes, an...

UN worries about unemployment of 470M people worldwide

The United Nations’ International Labor Organization (ILO) said it is really worried about the lack of decent jobs of nearly half a billion people...

Tesla to open first European Gigafactory in Germany

The American automotive company Tesla is set to build its first European Gigafactory near Berlin, Germany’s capital city. Officially announcing the plan in November 2019,...

Philippines reopens businesses closed due to Taal volcano’s eruption

A week after Philippines’ Taal Volcano became active and spewed ashfall in several regions, lawmakers have finally allowed businesses in some affected areas,...

Philippines’ Jollibee continues overseas expansion after raising $600m from bond sale

Jollibee Foods Corporation, the Philippines’ largest fast-food operator, kicks off the year right by $600 million (P30.5 million) from its first ever issuance of perpetual...

Toyota invests $394 million in Californian taxi maker

Japanese auto giant Toyota has recently invested $394 million into the “flying taxi” of Joby Aviation—a Californian-based aerospace company.  Toyota is set to manufacture a...

Cathay Pacific offers unpaid leave to staff amid financial loss

In an aim to cope with the financial damage caused by protests, Hong Kong’s Cathay Pacific Airways has offered up to one month of unpaid...

Pinterest surpasses Snapchat in the US after gaining 82m users

Based on the latest estimates of eMarketer, Pinterest ended 2019 with a boom in the number of its users that totaled to 82.4 million.  The market tracker...

Amazon authorizes sellers to use FedEx after lifting its ban

The E-commerce company Amazon announced that its third-party sellers can start using FedEx’s ground delivery as it has already lifted its ban that took...
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