International Business News

China makes stunning recovery in export, factories scramble for workers

China makes stunning recovery in export, factories scramble for workers

With China`s manufacturing recovery soaring past its yearly expectations, factories are now struggling to fill a shortage of blue-collar workers.

Dec 21, 2020, 12:39 PM IST
Ever wondered which is world's most expensive railway station?  Here's all you want to know

Ever wondered which is world's most expensive railway station? Here's all you want to know

The world's most expensive railway station was built with a final price tag of USD 4 billion.

Dec 07, 2020, 14:44 PM IST
France to impose digital tax on big tech cos like Google, Facebook, Apple despite US retaliation threat

France to impose digital tax on big tech cos like Google, Facebook, Apple despite US retaliation threat

Past attempts to create an EU-wide digital tax have failed in the face of opposition from Ireland, where many big U.S. tech companies book profits, and some Nordic countries.

Nov 25, 2020, 18:26 PM IST
Bitcoin climbs towards all-time high after topping $19,000

Bitcoin climbs towards all-time high after topping $19,000

The world`s most popular cryptocurrency was last up 4.8% at $19,225, just shy of its all-time record of $19,666 hit in December 2017. Bitcoin has gained around 25% in the last two weeks alone, and is

Nov 25, 2020, 09:28 AM IST
Tesla CEO Elon Musk pips Bill Gates to become world's second richest person

Tesla CEO Elon Musk pips Bill Gates to become world's second richest person

Elon Musk's net worth soared $7.2 billion to $127.9 billion, led by surge in Tesla's share price.

Nov 24, 2020, 13:57 PM IST
What is Black Friday Sale? Why is not important for India?

What is Black Friday Sale? Why is not important for India?

On the day of the Black Friday event, several big shopping giants like Amazon, Walmart, Best Buy, Target offer great deals on products on a host of items.

Nov 11, 2020, 09:43 AM IST
Big blow to Jack Ma! China suspends Ant Group's $37 billion IPO, world’s biggest

Big blow to Jack Ma! China suspends Ant Group's $37 billion IPO, world’s biggest

The Shanghai stock exchange said it had suspended the company`s initial public offering (IPO) on its tech-focused STAR Market, prompting Ant to also freeze the Hong Kong leg of its dual listing

Nov 04, 2020, 09:36 AM IST
Seven Indian-Americans on Forbes' list of 400 wealthiest people in US

Seven Indian-Americans on Forbes' list of 400 wealthiest people in US

Seven Indian-Americans have featured in Forbes' list of 400 richest people in the US. Amazon CEO Jeff Bezos, 56, is on top of the list with USD 179 billion wealth. 

Sep 09, 2020, 08:58 AM IST
Amazon CEO Jeff Bezos tops Forbes richest list for third year in a row

Amazon CEO Jeff Bezos tops Forbes richest list for third year in a row

Forbes said that the aggregate wealth of the its 400 list rose to a record $3.2 trillion.

Sep 08, 2020, 18:27 PM IST
Pakistan seeking reversal of $5.8 billion penalty imposed by international tribunal – Details here

Pakistan seeking reversal of $5.8 billion penalty imposed by international tribunal – Details here

Tethyan Copper Corp., a 50-50 joint venture of Barrick Gold Corp. Of Australia and Antofagasto PLC of Chile.

Sep 08, 2020, 18:06 PM IST
At $2.3 trillion, Apple more valuable than UK's top share index

At $2.3 trillion, Apple more valuable than UK's top share index

Demand for Apple's shares reportedly boosted by the company's decision to divide its shares to make it easier for individuals to invest in the company.

Sep 03, 2020, 10:33 AM IST
Tesla value hits $420 billion, Musk thanks hardworking team

Tesla value hits $420 billion, Musk thanks hardworking team

Tesla even surpassed Johnson & Johnson in terms of market cap.

Aug 28, 2020, 13:05 PM IST
Five things you want to know about Jeff Bezos, the 1st person ever to be worth over $200 billion

Five things you want to know about Jeff Bezos, the 1st person ever to be worth over $200 billion

The person who is closest to Bezos now is Microsoft Co-Founder Bill Gates who is currently worth $116.1 billion.

Aug 27, 2020, 17:33 PM IST
TikTok CEO Kevin Mayer quits amid rising political tension between US and China

TikTok CEO Kevin Mayer quits amid rising political tension between US and China

He will be replaced by US General Manager Vanessa Pappas on an interim basis, TikTok said.

Aug 27, 2020, 12:08 PM IST
Phil Schiller steps down as worldwide marketing head, Greg Joswiak to succeed him

Phil Schiller steps down as worldwide marketing head, Greg Joswiak to succeed him

In the new role, Schiller will report to Apple CEO Tim Cook and continue to lead the App Store and Apple Events, the company said in a statement late on Tuesday.

Aug 06, 2020, 17:48 PM IST
Jeff Bezos sells over $3.1 billion in Amazon shares

Jeff Bezos sells over $3.1 billion in Amazon shares

Following tax deductions, the world's richest man will take home an estimated $2.4 billion, Forbes reported on Wednesday.

Aug 06, 2020, 13:46 PM IST
TikTok should resort to legal means to defend its legitimate rights amidst 'existential crisis' in US, says Chinese media

TikTok should resort to legal means to defend its legitimate rights amidst 'existential crisis' in US, says Chinese media

US President Donald Trump has set September 15 as the deadline for buying the operations of video-sharing platform TikTok in the US.

Aug 05, 2020, 14:27 PM IST
US will ban TikTok by September 15 if no American company buys it, says President Donald Trump

US will ban TikTok by September 15 if no American company buys it, says President Donald Trump

Trump’s remarks came during a meeting with US tech workers and signing of an executive order on hiring American.

Aug 04, 2020, 12:59 PM IST
Virgin Galactic unveils Mach 3 aircraft design for high speed travel, signs deal with Rolls-Royce --Check out pics

Virgin Galactic unveils Mach 3 aircraft design for high speed travel, signs deal with Rolls-Royce --Check out pics

The company is designing the aircraft for a range of operational scenarios, including service for passengers on long-distance commercial aviation routes.

Aug 04, 2020, 12:41 PM IST
ByteDance CEO hides all posts from Weibo as Chinese netizens call him unpatriotic for contemplating TikTok's sale in US

ByteDance CEO hides all posts from Weibo as Chinese netizens call him unpatriotic for contemplating TikTok's sale in US

Microsoft has officially confirmed that it is in talks to acquire the operations of video-sharing platform TikTok in the US, Canada, Australia and New Zealand.

Aug 04, 2020, 12:18 PM IST