Nov 29, 2023 Last Updated 16:43 PM EST
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Greece Recalls Its Ambassador in Austria Over Migrant Dispute

Greece recalled its ambassador from Austria, following Austria's decision to close its border for migrant. While majority of people are not satisfied with government's way in handling economic crisis.

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ChemChina Seeks $35 Loans to Complete Acquisition Transaction with Syngenta

Earlier this month, Chinese state-owned company ChemChina reached an acquisition deal of $43 billion with Swiss company Syngenta. After clearing regulation requirements in China, ChemChina is now seeking out loans of more than $35 billion from bankers to fund the purchase.

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Japan Finance Ministry Recruits Fashion Editor to Encourage Women to be More Involved in The Country's Economy

The Japan Finance Ministry is organizing a seminar for women covering the topics on the country’s fiscal policy. Women’s fashion magazine editor-in-chief Hiromi Sogo will serve as one of the six female speakers encouraging women to take a more active role in the country’s economy.

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SpaceX Aborted Its Third Attempt to Launch Falcon 9 Rocket Due to Technical Difficulties After a Delay

SpaceX aborts its third attempt to launch its Falcon 9 rocket, which is designed to land its booster on a platform, making spaceflight more affordable. The abrupt scrub, just seconds before the liftoff, was due to an unexpected delay that caused the fuel to fail.

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Lumber Liquidators Stock Dropped as Cancer Risk Arose

Following CDC announement of the risk of carcinogen in its product, the company's stock plunged since last week. Lumber Liquidators is trying hard to win back trust from customers and investors.

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US economy concludes 2015 on positive note

The US economy recorded better than expected performance during the fourth quarter enabling it to conclude 2015 on positive mode. Surpassing the forecast of 0.7 percent, the US economy grew one percent during September-October quarter in 2015 giving much leverage to the US government to tighten monetary policy.

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Future of Britain outside EU remains uncertain

Britain's exit from the European Union will have a negative impact on the economy of the country, according to officials. The UK prime minister pledges to negotiate a better agreement for the nation in the union.

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Ren Zhiqiang: Latest Victim of China’s Tougher Cyber Laws: Mulls For Further Toughening

China has been widely criticized for strict cyber laws. On Sunday, the communist government has mulled its legislative power to impose ban on accounts of former Chinese tycoon, Ren Zhiqiang. While around 40 Chinese journalists have been confined in jail as victims of tougher cyber laws, the communist government is going to enact further tougher laws on March 10.

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Mobile phone firm Telstra supports external funds to invest in Asia

Telstra is backing up external venture capital funds to seek investments in Asia. The company is focusing more on technology investment in Asia as it experiences a drop in the viability of internet services and phone calls.

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Fintech Startup Will Change Global Finance as Regulators Closely Watch

Year 2015 was dubbed as year of fintech. As financial technology startup companies flourish and gain huge fund. Global regulators are closely monitoring the fintech startups and will propose rules to regulate them.

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Indian tech start-ups seek investment from China

The technology start-ups in India are looking for investments from Chinese companies like Cheetah Mobile. The booming Indian technology sector is attracting many tech companies in China to invest in these Indian techs start-up firms.

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General Electric Mocked Startups, Proclaimed Itself as Tech Company

GE have been trying attract tech workers since last year. In its new Oscars ad, GE mock the startups and proclaim itself as a tech company and an industrial company.

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Gap Announces Fourth Quarter Earnings, Forecasts Decline in Profit During Current Year

Gap Inc. has announced its fourth quarter earnings on Thursday. The clothing retailer has represented a comparative feature with its year ago performances. It has also predicted for weaker earnings during the current year.

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Eskom to Receive Last Payment of 5 Billion Rand Bailout By Next Week

Next week, Eskom will be paid the remaining balance from the bailout. Eskom CE Brian Molefe expressed frustration to learn that Finance Minister Pravin Gordhan announced that the funds will be withheld. Treasury informed that the fund will be transferred and is already being processed.

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Kraft Heinz reports profit in Q4, beats Wall Street view

The Kraft Heinz Company on Thursday reported its fourth-quarter earnings that outstripped analysts' estimate. The company also declared a quarterly dividend of $0.575 per common share.
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Latest Stories

Walmart Diversifies Supply Chain by Sourcing More Goods from India

As part of its efforts to reduce costs and diversify its supply chain, Walmart is importing more items into the United States from India and decreasing its reliance on China, according to data seen by Reuters.

Australia Imposes Ban on Vapes to Safeguard Public Health: How Will It Affect Businesses?

Australia will prohibit the importation of disposable vaporizers in January, with the aim of reducing childhood nicotine addiction.

Apple and Goldman Sachs Face Uncertain Future in Credit Card Partnership

According to a source familiar with the situation, Apple has offered Goldman Sachs a proposal to sever its relationship for credit cards and savings accounts within the next 12 to 15 months.

Travel Vouchers May Be Too Good to Be True

With Tuesday being the day after Cyber Monday, which is becoming recognized for airline and hotel sales, travel booking websites are launching promotions on Tuesday.

US Consumer Optimism Surges as Holiday Shopping Season Gets Underway

The Conference Board, a business research organization, said on Tuesday that its consumer confidence index increased to 102 in November from 99.1 in October.

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Shein Files for U.S. IPO As $66 Billion Chinese Fashion Giant Expands Globally

Shein has quietly registered to go public in the United States as the Chinese-founded fast-fashion giant seeks to broaden its appeal internationally with a much-discussed IPO.

Fast Food Inflation Persists: McDonald's and Other Chains Brace for Continued Price Hikes

Fast food gained popularity due to its low cost and quick service, but consumers are discovering that its dishes no longer provide the same value as they previously did.

Citigroup Loses Key Municipal Bankers to Jefferies Amidst Department Shakeup

A umber of healthcare-focused bankers at Citigroup departed for competitor Jefferies Financial following discussions among the company's leadership about completely discontinuing the municipal banking division.

Debt-Ridden States: The Heaviest Student Loan Burdens in the Nation

According to a recent research, Maryland has the highest average student loan debt per borrower-more than $40,000-of any state.

UK Doctors' Strike Threat Recedes as Government Agrees to Pay Rise

Officials claimed Monday that the British government reached an agreement with leading physicians in England that might put an end to a string of disruptive strikes.

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