Business
Malaysia Airlines faces a difficult future, possible failure and reboot
Aviation and crisis-management experts say the fate of Malaysia’s flagship carrier will hinge on how it weathers what’s expected to be another...
Microsoft to slash 18,000 jobs in biggest cuts in its history
Microsoft has confirmed plans to “eliminate” up to 18,000 jobs worldwide as part of efforts to simplify the company’s operations and...
Sources: Time Warner’s no now could still be a yes later for Murdoch
Rupert Murdoch’s 21st Century Fox Inc. said on Wednesday that Time Warner Inc.
Warren Buffett donates $2.8B to charity as part of plan to give away fortune
Warren Buffett this week donated US$2.8 billion of Berkshire Hathaway Inc. stock to five charities, as part of the billionaire’s plan to give away...
Mobile era brings former rivals Apple, IBM together for enterprise push
The partnership announced Tuesday calls for the two technology companies to work together on about 100 different mobile applications designed for a wide...
Man Utd sign £750M kit deal with Adidas after Nike walk away from talks
Manchester United has agreed to a record-breaking £750 million (US$1.3 billion) sponsorship deal with Adidas after Nike walked away from contract extension...
China’s Alibaba files in U.S. for what may be biggest tech IPO
Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering (IPO) prospectus filed...
Climate change signals the end of Australian shiraz as we know it
A study by the U.S. Proceedings of the National Academy of Sciences found that up to 73 per cent of Australian land currently used for viticulture could...
The World Cup effect: German, Argentine stocks may feel defeat effects
Alex Edmans, a professor at London Business School and the Wharton School of the University of Pennsylvania, has assessed the impact of major sporting...
Amazon begs authorities to allow delivery drone test-flights near Seattle HQ
Amazon wants to test its delivery drones near Seattle as part of a rapid expansion of a programme that’s sparked widespread debate over the safety...
Phantom tech firm inexplicably worth billions after shares soar
It has no assets, no revenues and no business plan to speak of. But a company called Cynk Technology has seen its value soar as high as $4.7 billion (£2.7...
India’s new government unveils crucial budget setting out path to growth
India’s new government introduced a reform-minded budget today, focusing on promoting manufacturing and infrastructure and expanding the tax base.
John Wayne’s heirs sue university to use ‘Duke’ nickname on bourbon
Heirs of film star John Wayne have sued Duke University over their right to use the late Academy Award winner’s nickname, “Duke,” to...
Actor John Wayne’s heirs sue university to use ‘Duke’ nickname
Heirs of film star John Wayne have sued Duke University over their right to use the late Academy Award winner’s nickname, “Duke,” to...
Survey finds math, science grads earn top dollar in U.S.
College grads from private four-year schools earned about the same as those from public four-year schools, about $50,000 a year.
Clippers sale hangs in balance as judge delays trial
With the $2 billion sale of the Los Angeles Clippers hanging in the balance, a trial that was scheduled to began today but was delayed focuses on whether...
Axel Kicillof is the most dangerous politician in Latin America
On Monday, Argentina’s Economy Minister Axel Kicillof will meet with a special master of the court to negotiate his country’s debt with a group...
Big business brains called in to fix doomed antibiotics market
The drugs don’t work—and neither does the market, when it comes to antibiotics.
Why the U.S. economic recovery is outpacing the rest of the world
Europe is floundering. China faces slower growth. Japan is struggling to sustain tentative gains.
India PM Modi targeting record sale of state assets in maiden budget
India’s new government will seek to raise up to a record US$11.7 billion in asset sales in its maiden budget this week, a senior government source...
Taking Sundays off is good business, says Pope Francis
Pope Francis says abandoning the traditionally Christian practice of not working on Sundays isn’t a good change in society.
World stocks hold at all-time high after bumper week
World stocks were enjoying the view at an all-time high on Friday, lifted by a week of strong U.S.
With one eye on Washington, China plots its own Asia “pivot”
The Silk Road, an obscure Kazakh-inspired security forum and a $50 billion Asian infrastructure bank are just some of the disparate elements in an evolving...
Heavyweight authors ally in clash with Amazon
Stephen King, Nora Roberts and Robert Caro are among the hundreds of authors who have added their names to an online letter criticizing Amazon.com for...
Dow Jones breaks 17,000 barrier for first time after strong U.S. jobs report
A big gain in hiring last month sent the Dow Jones industrial average above 17,000 for the first time.
French bank found guilty of aiding terrorists, slapped with $9 billion fine
French bank BNP Paribas pleaded guilty to two criminal charges on Monday and agreed to pay almost $9 billion to resolve allegations it violated U.S.
Give it back: BP want money paid for oil spills returned
BP wants a federal judge to order restitution – plus interest – of what it says are hundreds of millions of dollars in overpayments made to some businesses...
Extreme IPO: Wearable camera maker GoPro’s shares hit Nasdaq
GoPro, the maker of wearable cameras loved by mountain climbers, surfers and thrill-seekers, will venture onto the trading floor of the Nasdaq stock market...
Washington taxi drivers join global Uber protests
Taxi drivers snarled traffic in downtown Washington on Wednesday in protest against smartphone car-hailing services such as Uber, which they say are cutting...
With new grip on oil fields, Iraq Kurds unveil plan to ramp up exports
Iraq’s self-ruling Kurds outlined plans on Wednesday to swiftly ramp up oil exports now that their forces have taken control of Iraq’s main...
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