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.

Airbnb’s new booking rules punish Canadians under 25s

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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

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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

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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

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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

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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

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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

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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...

Global companies shut China operations to control virus

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Despite the lack of direct instructions from the Chinese Government to halt business operations in the mainland, several international companies have taken initiatives to...

Pilots Association sues American airlines to stop China flights

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The Allied Pilots Association (APA), a labor union representing American Airlines pilots, filed a lawsuit against the carrier to immediately halt US to China operations. CBS network reported that APA sued American Airlines in Dallas County on January 30 as it seeks for a temporary restraining order to stop China flights amid the coronavirus. In a […]

Demand for Malaysian gloves soar as coronavirus spreads

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The Malaysian Rubber Glove Manufacturers Association (MARGMA) said the global demand for their products has greatly increased following the outbreak of the novel coronavirus that originated from Wuhan, China. MARGMA President Denis Low confirmed that they have received an urgent request from China to deliver adequate supplies of medical gloves which will be primarily used in […]

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