Business News

Fed's Kaplan says next U.S. president must grow workforce

Global shares stall near record high as year draws to close

U.S. President Donald Trump said on Saturday the United States and China would "very shortly" sign phase one a trade agreement

Dec 23, 2019

By Reuters

Will oil price stay higher after Opec-Russia output reduction?

Are Russia and OPEC considering to ease oil output caps in March?

OPEC+, earlier this month, decided to prolong its oil output restriction deal until the end of March

Dec 23, 2019

By IBTimes SG Desk

Tesla unveiled its new all-electric Model Y crossover vehicle

Tesla to take new loan from Chinese banks for Shanghai plant expansion - Report

Electric car sales touched 1.98 million worldwide in 2018 according to a report by International Energy Agency.

Dec 23, 2019

By Jacob J

Elon musk

Second Credit Suisse spying probe expected to clear CEO Thiam: report

The revived concerns about the bank's practices after the tailing of wealth management star Iqbal Khan in September led to a scandal and upheaval in Credit Suisse's highest ranks

Dec 22, 2019

By Reuters

Tesco suspends Chinese supplier after prisoner labor report

The company, which prints cards and books for food and pharmaceutical companies, says on its website it supplies Tesco

Dec 22, 2019

By Reuters

McDonald's in trouble: Manager of Peru franchise blames faulty machine for employees' death

The manager said that the drinks machine was giving shocks, which was not reported by the local managers to the company's maintenance department

Dec 22, 2019

By R. Ghosh

Uber ordered by Columbia to suspend ride-hailing services for violating competition rules

Uber's crisis continues to grow with the company facing similar ruling in Germany and London in the past one month

Dec 22, 2019

By R. Ghosh

Argentine Senate gives final OK to progressive economic overhaul plan

The "Social Solidarity and Production Reactivation" act was approved 41-23 with one abstention in the Senate after passing the lower House on Friday

Dec 21, 2019

By Reuters

EU-UK trade deal cannot allow 'race to the bottom': EU's Barnier

British Prime Minister Boris Johnson said on Friday there would be no alignment with EU rules under the terms of a trade deal he wants to strike with the bloc next year

Dec 21, 2019

By Reuters