Business
Singapore, NZ and HK ranked by World Bank as best for business
Small and well-run Singapore, New Zealand and Hong Kong are the world’s easiest places to run a business, while global giants China, Brazil and India...
Gender equality at work more than 80 years off, new report claims
If you’re waiting for gender equality in the workplace, be prepared to wait a long time.
25 European banks fail stress test; 13 unable to make up buffers
A health check of banks across the European Union showed that 25 lenders, all from the euro zone, were too weak to withstand a three-year recession in...
Furious British PM insists UK will not pay ‘unjustified’ $2.8bn EU demand
British Prime Minister David Cameron has insisted he will not pay an extra $2.8bn demanded by the European Union on December 1.
China and 21 other countries initiate new Asian bank
China and 21 other Asian nations signed up on Friday to a new Beijing-backed international bank for Asia that Washington opposes as an unnecessary rival...
Yahoo CEO Marissa Mayer defends strategy in face of criticism
Yahoo CEO Marissa Mayer staunchly defended her strategy during a Tuesday presentation that addressed recent criticism leveled by activist investor Starboard...
McDonald’s CEO outlines changes as sales and reputation slide
After posting yet another disappointing quarter, McDonald’s CEO Don Thompson said Tuesday the company hasn’t been keeping up with the times...
Staples on high alert over suspected credit card theft ‘hack attack’
Cash registers at some Staples stores in the U.S. may have fallen victim to card-stealing malware that lets criminal make counterfeit copies of cards.
Total’s CEO Christophe de Margerie killed as jet and snow plough collide
Christophe de Margerie, the charismatic CEO of Total who dedicated his career to the multinational oil company, was killed at a Moscow airport when his...
Microsoft’s gender pay row boss receives $84m package for 2014
Microsoft has given its new boss Satya Nadella a pay package worth 84.3 million dollars.
Global markets tumble to four-year low on fears of new economic slowdown
The sharpest decline in European stocks since 2011 has been followed by a second day of volatile trading as investors flee risk because of global economic...
Time Warner to launch HBO as streaming broadband service
Viewers longing to watch “Game of Thrones”, “True Detective” and “Veep” will no longer have to pay big bucks for cable...
Prostitutes, drugs and black market cigarettes lift Italy out of recession
Italy today learnt it was no longer in a recession thanks to a change in data calculations across the European Union which includes illegal economic activities...
Toyota recalls 1.75 million vehicles to repair flaws
Toyota Motor Corp, the automaker under supervision in the U.S. by an independent safety monitor, has recalled 1.75 million vehicles worldwide to fix flaws...
Ebola.com could be yours – for $150,000
A Las Vegas company, seeking to capitalize on the world’s worst Ebola outbreak on record, is looking to sell the domain name Ebola.com for $150,000.
Apple, Facebook to pay female employees to freeze their eggs
Apple and Facebook will pay female employees up to $20,000 to help cover the cost of freezing their eggs.
Beyond ‘Star Trek’: Your unique voice serves as a fingerprint and signature
Businesses and governments around the world increasingly are turning to voice biometrics, or voiceprints, to pay pensions, collect taxes, track criminals...
Uber-heated battle as mobile apps rattle Asia’s taxis
Southeast Asia’s notorious taxi market is undergoing a shakeout as Uber and homegrown mobile booking applications gain popularity in a region that...
Thai rubber farmers wheeze as prices slump
As rubber prices slump, hard-up farmers in Thailand – the world’s top producer of the commodity – are appealing for a bailout, testing the junta’s...
Why U2’s ‘innovative’ album release plan won’t change the music industry
U2 and Apple planned the gesture for maximum publicity — a concert by the Irish megastars at the tech giant’s latest product launch, with the...
Stress test: U.S. and U.K. to model big bank collapse in joint trial
Regulators from the United States and the United Kingdom will meet in a war room next week to see if they can cope with any possible fall-out when the...
No wings, but maybe $10: Red Bull pays for false advertising
A can of Red Bull won’t give you wings, but those who bought the energy drink and were disappointed could end up with a few extra bucks, thanks to...
Activist investor urges action on Apple’s stock price
In a long letter to Apple CEO Tim Cook published on Icahn’s Yahoo Finance Contributors Network Tumblr page, the often coarse but sometimes cuddly activist...
Lego ends 50-year deal with Shell following Greenpeace Arctic video
Lego has announced it will end it’s 50-year partnership with Shell, after a Greenpeace video used its toys to illustrate an Arctic oil spill.
IMF trims forecast for global economic growth to 3.3% for 2014
The International Monetary Fund slightly lowered its outlook for global economic growth this year and next, mostly because of weaker expansions in Japan,...
Samsung expects lowest profit in three years due to weak smartphone sales
Samsung Electronics on Tuesday flagged a near 60 percent year-on-year plunge in its third quarter operating profit, as its key smartphone sector continued...
World-famous Waldorf Astoria New York sold to Chinese
The storied hotel is being sold to Chinese insurance company Anbang Insurance Group Co., but Hilton International will continue to manage the property...
Hilton sells iconic NYC Waldorf-Astoria hotel to Chinese insurer
Hilton Worldwide is selling the Waldorf Astoria New York to Chinese insurance company Anbang Insurance Group Co.
Hewlett-Packard to split into cloud and 3D printing divisions
Hewlett-Packard has confirmed it will split itself into two companies, one focused on cloud computing services and the other focusing on 3D printing and...
Samsung to invest $14.7 billion in new South Korea chip facility
Samsung Electronics Co Ltd plans to invest $14.7 billion to construct a new chip production plant in South Korea, a major bet on its semiconductor business...
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