Business

Is Apple building electric car in top secret research lab?
Apple is moving into the automotive industry by designing an electric car, according to reports.
Hong Kong lawmakers urge ban on bitcoin as scam victims turn to police
Hong Kong lawmakers are urging authorities to ban bitcoin after more than 25 people flocked to police headquarters to complain about a scam involving the...
Historic value: Apple becomes 1st company worth more than $700B
Apple became the first company to reach a market value of $700 billion Tuesday as shares vaulted amid upbeat news on the U.S.
Apple becomes first company worth over $700 billion
Apple has become the first company to reach a market value of $700 billion Tuesday as shares vaulted amid upbeat news on the U.S.
Zara owner drops angora over China’s ‘extreme’ rabbit cruelty
Spanish clothing giant Inditex, owner of the Zara brand has stopped selling angora garments because of cruelty to rabbits the wool is plucked from in China.
Gone: Bitcoin trading company abruptly closes, sparking scam worries
Investors in MyCoin fear they have fallen victim to a scam after it closed down suddenly — with up to $387 million possible in losses.
World can’t rely on U.S. to ‘carry economy forever,’ warns finance minister
The United States is carrying the world economy at the moment but that is not sustainable, says Canadian Finance Minister Joe Oliver, adding that other...
Twitter shares soar as revenue almost doubles
Twitter’s share price rose almost 10% after the social network reported a near doubling in quarterly revenue, despite weaker than anticipated user...
Hackers see rewarding targets in health care companies
Health care offers attractive growth opportunities for cyber criminals looking to steal reams of personal information, as the hacking of a database maintained...
Twitter chief: I am ashamed how badly we are dealing with trolls
Twitter’s chief executive says the company “sucks” at dealing with trolls and he is “ashamed” of how poorly it has dealt...
South Korea rejects Uber registration proposal, vows to shut down company
South Korea on Thursday rejected online ride-sharing firm Uber Technologies Inc’s proposal for a new driver registration system, and vowed to shut...
Crying all the way to the bank: Jack Ma dethroned as China’s richest man
Alibaba founder Jack Ma has been knocked off his perch as China’s richest man by “new energy king” Li Hejun, according to the Hurun’s...
Google developing an Uber competitor app — with driverless cars
Uber faces an ever-growing cast of adversaries that includes dubious regulators, litigious drivers and some well-funded rivals.
Ex-IMF chief Strauss-Kahn goes on trial for pimping in France and Belgium
Disgraced former IMF head Dominique Strauss-Kahn goes on trial in France on Monday accused of aggravated pimping as part of a prostitution ring.
Poo power: How China is turning human faeces into ‘black gold’
A growing portion of China’s toilet waste is being converted into fertilizer and biogas.
Poo power: How China is turning human feces into ‘black gold’
A growing portion of China’s toilet waste is being converted into fertilizer and biogas.
Alibaba’s Ma meets top China regulator after fakes row
Alibaba founder Jack Ma has met with the head of a powerful Chinese regulator, days after authorities accused the e-commerce giant of allowing “illegal”...
Google takes hit on slower-than-expected growth
Google profit jumped in the recently ended quarter, but the leap fell short of market expectations as smartphone-centric lifestyles brought with them a...
Uber’s bid for New Delhi return rejected as rape survivor files lawsuit
Uber has failed to win a licence to resume operations in New Delhi after one of its drivers allegedly raped a female passenger in the Indian capital last...
Unhappy meal: McDonald’s CEO steps down as sales decline
Fast-food giant McDonald’s replaced president and chief executive Donald Thompson on Wednesday, after the company turned in another poor quarter...
He’s lovin’ it: McDonald’s appoint a Brit as their new chief executive
A Briton has been named as the new chief executive of McDonald’s, as the fast food chain tackles disappointing sales worldwide. Steve Easterbrook...
Unhappy meal: McDonald’s CEO steps down as sales decline
Fast-food giant McDonald’s replaced president and chief executive Donald Thompson on Wednesday, after the company turned in another poor quarter...
Greek government reverses austerity policies, stocks hit
Greece’s new hard-left Prime Minister Alexis Tsipras sent the Athens stock market diving on Wednesday after his government scrapped key privatisation...
With ‘staggering’ iPhone sales, Apple returns record profit
Apple Inc.’s quarterly results smashed Wall Street expectations, with record sales of big-screen iPhones during the holiday shopping season and a...
Switzerland banking on safe haven label to become world’s data vault
Switzerland, facing an erosion of the banking secrecy laws that helped make it the world’s banker, is now touting its reputation as a safe and stable...
Mexico may sanction Google over data protection breach
Mexico’s federal transparency body said on Tuesday it had initiated proceedings to impose sanctions on the Mexican unit of Google Inc for possible...
Apple hit record $18 billion profit on ‘staggering’ iPhone sales
Apple Inc’s quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 per...
Sony given permission to delay earnings after ‘The Interview’ cyberattack
Sony said Tuesday it has won permission to delay the release of its quarterly earnings report, after a cyberattack damaged the computer network at its...
Apple boss Tim Cook in line for $500m windfall if he meets his six-year target
Apple boss Tim Cook is in line to receive half a billion dollars’ worth of stock if he remains as chief executive and hits targets over the next...
Uber set to restart cab service in India’s Delhi
Just a month after it was banned, U.S. online taxi-hailing service Uber has restarted operations in the Indian capital.

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