Business
Three, two, yuan: Countdown to China’s new payment system has begun
China’s long-awaited international payment system to process cross-border yuan transactions is ready and may be launched as early as September or...
PayPal to buy Israeli cyber security firm CyActive, says media
Online payments company PayPal, a unit of eBay, will buy Israeli cyber security company CyActive for US$60 million, Israeli media reports.
Tourists wanted to crack down on Greek tax dodgers
Greece’s proposal to use “non-professional inspectors” including “students, housekeepers and even tourists” to crack down...
Germany adopts ‘historic’ quota for women board members
Germany’s biggest companies will be required to have women fill a third of their supervisory boards from next year under a law adopted in parliament...
Malaysia Airlines: One year after devastating MH370 tragedy
One year after the disappearance of flight MH370, doubts remain if Malaysia Airlines (MAS) can recover from the financial and reputational damage brought...
Like: Facebook founder Mark Zuckerberg reveals his one rule when hiring
Facebook boss Mark Zuckerberg has revealed the one rule he uses when hiring staff. Asked what he looks for in a prospective employee, the social network’s...
China to link Shenzhen, Hong Kong stock exchanges
China will link trading between its Shenzhen and Hong Kong stock markets as part of a push for financial reforms, Premier Li Keqiang said Thursday, following...
Pyongyang grocery chain aims to boost living standards
At a time when the world’s biggest grocery chains are struggling to perform, a new chain of stores in North Korea aims to mimic their success.
Rolling in the dough: Forbes releases list of richest people in 2015
Unsurprising to most people, the ranks of the world’s richest defied global economic turmoil and expanded yet again.
Turning the tide: Sea turbines to provide Wales with power for 120 years
Plans for a vast tidal lagoon power plant which could provide enough energy for all the homes in Wales have been launched.
Rolling the dough: Forbes releases list of richest people in 2015
Unsurprising to most people, the ranks of the world’s richest defied global economic turmoil and expanded yet again.
Ikea unveils wireless furniture range that will charge your phone
Ikea is launching wired-up desks, tables and lamps which can wirelessly charge your phone. The company is releasing a new collection which will use Qi...
Rebekah Brooks back at News Corp in new Storyful role
Rebekah Brooks, the former News of the World and The Sun editor, has landed a gig at Rupert Murdoch’s News Corp in New York.
Qantas roars back into black after aggressive cost-cutting
Australian carrier Qantas on Thursday roared back into the black after an aggressive shake-up to stem mounting losses, posting its best interim result...
Bird spit coffee? Asia firms seek global appetite for China delicacy
Prized in China for its alleged health benefits for hundreds of years, nests made from swiftlets’ saliva are being mixed into coffee and cereal as...
BHP Billiton profit slides on commodities slump, pledges more spending cuts
Global miner BHP Billiton posted a 31 percent drop in half-year profit as prices for all its main products collapsed, but beat market forecasts and flagged...
Google teams up with 3 wireless carriers to combat Apple Pay
Google and the mobile carriers have long been at odds over mobile payments, but faced with the runaway success of Apple Pay, the two rivals have become...
Saving chocolate: Brits use ‘cocoa greenhouse’ to stop spread of plant disease
A London-area greenhouse is making sure that cocoa plants around the world remain disease-free and bountiful to cope with the growing appetite for sweet...
Buffett’s 2006 Cadillac worth $12,000 auctioned for $122,500
A car owned by Warren Buffett has been auctioned for more than $122,000, about 10 times the estimated worth, as the billionaire and philanthropist offered...
Is this the man to bring the free market to Cuba?
Hugo Cancio is already a known name in Cuban-Miami circles, promoting Cuban and other Latino acts and publishing magazines in Havana — and now, he’s...
Greece remains defiant as Germany tears up last-ditch debt deal
Greece has vowed to reject any demands for further austerity at a last-ditch meeting with eurozone creditors on Friday, even though the country risks running...
Germany rejects Greek plea for loan extension to its $275bn debt
Germany has rejected Greece’s proposal for a loan extension, calling it “no substantial solution”, reports say. According to AFP, the...
Greece makes formal plea for loan extension to its $275bn debt
Greece has formally lodged its bid for a loan extension despite fierce opposition to any deviation from its current bailout deal, which is due to expire...
Snapchat’s value balloons as it seeks $500M in new funding
Snapchat — the app which lets you send and receive self-destructing photographs and videos — is looking to raise as much as $500 million in a new funding...
Prosecutors raid HSBC’s Swiss office over ‘money laundering’ claim
Prosecutors in Switzerland have launched an investigation into allegations of money laundering at HSBC’s Swiss private banking arm.
Hackers steal up to $1 billion in global banking heist
A hacking ring has stolen up to $1 billion from banks around the world in what would be one of the biggest banking breaches known. The hackers have been...
HSBC takes out newspaper ad to apologise for Swiss tax claims
Banking giant HSBC took out full-page adverts in British Sunday newspapers to apologise over claims that it helped customers at its Swiss private banking...
South African president pushes ahead with controversial land bill
Foreigners will be barred from owning land in South Africa and no individual will be able to own more than 12,000 hectares, the equivalent of two farms,...
Spread the news: The man who brought nutella to the world has died
Billionaire Michele Ferrero, who became Italy’s richest man with a confectionary empire built on his popular Nutella spread, died on Saturday at...
Nutella maker Michele Ferrero dies on Valentine’s Day
Michele Ferrero, whose Nutella chocolate and hazlenut spread helped raise generations of Europeans and defined Italian sweets, died on Valentine’s...
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