Business News

Oil holds near $32 ahead of OPEC-led talks on output cuts

The US Department of Energy stated on Tuesday that US output was already declining, without government action

Apr 8, 2020

By Reuters

Hong Kong announces $17.7 billion in relief measures to help fight the impact of Coronavirus

The coronavirus outbreak has already infected over one million people around the world claiming the lives of more than 80,000 globally

Apr 8, 2020

By IBTimes SG Desk

Coronavirus

Futures dip as US Coronavirus death toll jumps

Tesla Inc became the latest US company to furlough staff and cut salaries which took place during a shut down of its US production facilities

Apr 8, 2020

By Reuters

Coronavirus

Gold holds steady amid virus worries, stronger dollar weighs

Spot gold was steady at $1,648.84 per ounce by 0406 GMT, as it rose to its highest since March 10 on Tuesday at $1,671.40

Apr 8, 2020

By Reuters

Coronavirus

Sex toy sales surge in Denmark, US as more people stay home amid coronavirus

A study says that one in every four Americans was using sex toys more often after going into quarantine following the coronavirus outbreak

Apr 8, 2020

By R. Ghosh

Coronavirus

Global airlines could lose 25 million jobs; cannot afford refunds amid coronavirus, says IATA

The IATA said that refunds won't be viable for airlines as they are already cash strapped. Instead, government should come forward and bail them out

Apr 7, 2020

By R. Ghosh

Coronavirus

In a first, China knocks US from top spot in global patent race

The US has called on the countries to ban Huawei equipment from new mobile phone networks, arguing that its technology might be used by China for spying

Apr 7, 2020

By Reuters

Amazon worker got fired after he planned protest against the company alleging it lied

Chris Smalls got fired from Amazon after he announced a protest against the company alleging it lied

Apr 7, 2020

By Vinay B.S.

Coronavirus

Indonesia sells Asia's very first 50-year dollar bond to fight Coronavirus pandemic

Asian life insurers, especially which are based in Taiwan as well as US fund managers, were the largest investors, as per two sources with direct knowledge of the matter

Apr 7, 2020

By IBTimes SG Desk

Coronavirus

CFDs vs. Stocks: How Technology Has Changed the Industry

. Today, technology is doing more than helping companies explain the basics. For example, artificial intelligence (AI) is having a major impact on the potential success rates of traders.

Apr 7, 2020

By IBTimes SG Desk