International Business News

Oil breaches $100 for first time since 2014 on Ukraine attacks

Oil breaches $100 for first time since 2014 on Ukraine attacks

Russia has launched a full-scale invasion of Ukraine and is targeting cities with weapons strikes, Foreign Minister Dmytro Kuleba said in a tweet.

Feb 24, 2022, 10:41 AM IST
World's richest man Elon Musk 'dating' THIS actress: All you want to know

World's richest man Elon Musk 'dating' THIS actress: All you want to know

Bassett was recently spotted leaving Musk's private jet called Gulfstream in Los Angeles in the US.

Feb 22, 2022, 08:49 AM IST
Visa, Amazon Truce: Customers can use Visa cards on Amazon sites worldwide without additional fees

Visa, Amazon Truce: Customers can use Visa cards on Amazon sites worldwide without additional fees

Details of the deal were not disclosed but Visa and other payments cards have faced increased pressure about their fees as more shoppers have turned online during the pandemic. The spat had

Feb 17, 2022, 16:46 PM IST
Elon Musk donates over $5 billion worth of Tesla shares to unnamed charity

Elon Musk donates over $5 billion worth of Tesla shares to unnamed charity

Musk transferred the 5,044,000 Tesla shares -- which were worth more than $5.4 billion at the time -- over the course of 10 days in November, according to a Securities and Exchange Commission filing.

Feb 16, 2022, 08:28 AM IST
US accuses couple of laundering $4.5 billion in bitcoin tied to 2016 hack

US accuses couple of laundering $4.5 billion in bitcoin tied to 2016 hack

The couple had active public profiles, with Morgan known as rap singer "Razzlekhan," a pseudonym that she said on her website referred to Genghis Khan "but with more pizzazz."

Feb 09, 2022, 11:10 AM IST
Mark Zuckerberg slips behind India's top billionaires as markets hammer Meta stock, valuation tanks $230 bn

Mark Zuckerberg slips behind India's top billionaires as markets hammer Meta stock, valuation tanks $230 bn

Shares opened Thursday down 25 per cent. This is a crash of about $230 billion from the social media networking giant's market capitalisation.

Feb 04, 2022, 13:12 PM IST
Surging omicron cases and worker shortage likely hurt hiring in US

Surging omicron cases and worker shortage likely hurt hiring in US

Omicron infections are likely slowing the economy in the January-March quarter, particularly compared with the rapid expansion that occurred in the final three months of 2021, when it grew at a

Feb 04, 2022, 11:56 AM IST
Google's parent firm Alphabet logs record $257 bn revenue in 2021

Google's parent firm Alphabet logs record $257 bn revenue in 2021

In the fourth quarter (Q4) of 2021, the Sundar Pichai-led company reported a revenue of $75.3 billion, up 32 per cent from the year earlier.

Feb 02, 2022, 10:31 AM IST
US government employees to earn at least Rs 1100 per hour with minimum wage hike

US government employees to earn at least Rs 1100 per hour with minimum wage hike

The US federal agencies have been directed to raise the minimum wage for government employees to $15 an hour. 

Jan 22, 2022, 10:57 AM IST
Twitter buys minority stake in digital advertising firm Aleph

Twitter buys minority stake in digital advertising firm Aleph

Aleph did not reveal any financial terms of the investment but said Twitter`s stake buy would help the company expand its educational tech platform.

Jan 12, 2022, 09:19 AM IST
China Evergrande Group suspends shares in Hong Kong amidst debt crisis

China Evergrande Group suspends shares in Hong Kong amidst debt crisis

The property developer's struggle to reduce its 2 trillion yuan ($310 billion) of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis

Jan 03, 2022, 12:40 PM IST
Leena Nair named CEO of French luxury group Chanel

Leena Nair named CEO of French luxury group Chanel

In a rare move for the tightly-controlled fashion house, picking the consumer goods veteran to run one of the world's biggest luxury groups sends a positive and inclusive message, setting the pace in

Dec 15, 2021, 08:54 AM IST
Bitcoin back over $50,000, as market calms after weekend turmoil

Bitcoin back over $50,000, as market calms after weekend turmoil

Bitcoin fell as much as 22% to just under $42,000 on Saturday on a combination of profit-taking and macro-economic concerns, but rebounded somewhat later in the session, with thin weekend liquidity

Dec 07, 2021, 09:35 AM IST
Layoff SHOCKER! 900 employees of THIS company fired by CEO over Zoom call --Watch viral video

Layoff SHOCKER! 900 employees of THIS company fired by CEO over Zoom call --Watch viral video

The video recording of the Zoom call has gone viral since. Check out the shocking announcement here.

Dec 06, 2021, 14:52 PM IST
From Karnataka's Mysuru to becoming the first ever woman deputy MD of IMF --Here's all about Gita Gopinath

From Karnataka's Mysuru to becoming the first ever woman deputy MD of IMF --Here's all about Gita Gopinath

Gopinath was the first woman to serve as the head economist of the International Monetary Fund, and she has now created history once more, making Indians proud of her accomplishments.

Dec 03, 2021, 13:05 PM IST
SHOCKING! Tech billionaire Michael Goguen kept spreadsheet of sexual encounters with 5000 women, sued for $800 million in damages

SHOCKING! Tech billionaire Michael Goguen kept spreadsheet of sexual encounters with 5000 women, sued for $800 million in damages

Goguen allegedly owns several “safe houses” and a “boom boom” room in a bar where he took young women and sexually abused them. 

Nov 22, 2021, 09:57 AM IST
Apple asks employees to return to office from February 1, to follow hybrid model

Apple asks employees to return to office from February 1, to follow hybrid model

The employees will come to the office on Monday, Tuesday and Thursday and they'll be able to work from home on Wednesdays and Fridays.

Nov 19, 2021, 13:43 PM IST
'I keep forgetting that you're still alive', Elon Musk slams Bernie Sanders on Twitter over tax

'I keep forgetting that you're still alive', Elon Musk slams Bernie Sanders on Twitter over tax

Musk responded to the 80-year-old Vermont Senator by saying: "I keep forgetting that you're still alive" and later raised the possibility of selling more Tesla shares, which would require him to pay

Nov 15, 2021, 10:07 AM IST
Musk offloads Tesla shares worth $1.1bn after Twitter poll troll

Musk offloads Tesla shares worth $1.1bn after Twitter poll troll

The new US Securities and Exchange Commission (SEC) filings show that Musk has sold 934,091 of over two million shares of the automaker.

Nov 11, 2021, 12:08 PM IST
SoftBank shares jump 10% on $9 billion buyback announcement

SoftBank shares jump 10% on $9 billion buyback announcement

The company announced the buyback, long speculated by the market, after it revealed its quarterly earnings crashed to a loss amid a decline in the share prices of its portfolio companies and a

Nov 09, 2021, 11:13 AM IST