International Business News

Bitcoin rises 8.5 percent to $36,265

Bitcoin rises 8.5 percent to $36,265

Bitcoin, the world`s biggest and best-known cryptocurrency, is up 30.8% from the year`s low of $27,734 on Jan. 4.

Jun 10, 2021, 09:26 AM IST
From Jeff Bezos to Elon Musk, several billionaires paid no income tax for THESE period

From Jeff Bezos to Elon Musk, several billionaires paid no income tax for THESE period

Overall, the richest 25 Americans pay less in tax  15.8 per cent of adjusted gross income  than many ordinary workers do, once you include taxes for Social Security and Medicare, ProPublica found.

Jun 09, 2021, 12:01 PM IST
Digital tax issue: US suspends additional tariffs on India, 5 other countries

Digital tax issue: US suspends additional tariffs on India, 5 other countries

United States Trade Representative (USTR) Katherine Tai, in a statement, announced the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by Austria, India

Jun 02, 2021, 23:16 PM IST
Jeff Bezos to step down on July 5, pass baton to new Amazon CEO Andy Jassy

Jeff Bezos to step down on July 5, pass baton to new Amazon CEO Andy Jassy

Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said Wednesday that Amazon executive Andy Jassy will take over the CEO role on July 5.

May 27, 2021, 12:12 PM IST
Jeff Bezos yet again claims number 1 position as world’s richest man

Jeff Bezos yet again claims number 1 position as world’s richest man

Jeff Bezos' net worth has grown by 34 per cent on average over the last five years.

May 27, 2021, 11:37 AM IST
Amazon acquires MGM in a mega $8.45 billion deal

Amazon acquires MGM in a mega $8.45 billion deal

Completion of the Amazon-MGM multi-billion transaction is subject to regulatory approvals and other customary closing conditions.

May 27, 2021, 10:42 AM IST
THIS person topples Amazon CEO Jeff Bezos as richest man on Earth

THIS person topples Amazon CEO Jeff Bezos as richest man on Earth

According to Forbes' Real Time Billionaire rankings on Monday, Arnault finished the day with $186.3 billion to his name, compared with Bezos' $186 billion billion, a whopping  $300 million above the

May 25, 2021, 11:23 AM IST
Bitcoin struggles for footing on worries over China, leverage

Bitcoin struggles for footing on worries over China, leverage

Bitcoin, the biggest and most popular cryptocurrency, rose slightly to $38,072 after plunging 14% on Wednesday to its lowest since late January.

May 20, 2021, 09:49 AM IST
Ethereum founder donates $1.14bn in crypto to Covid-hit India

Ethereum founder donates $1.14bn in crypto to Covid-hit India

Sandeep Nailwal, the man behind India Covid-Crypto Relief Fund, said in a tweet late on Wednesday that they will not "do anything which hurts any community specially the retail community involved

May 13, 2021, 14:11 PM IST
Bitcoin pops back above $50,000 after Musk-triggered tumble

Bitcoin pops back above $50,000 after Musk-triggered tumble

The price of the world`s largest cryptocurrency dropped from around $54,819 to $45,700, its lowest since March 1, in just under two hours following the tweet shortly after 2200 GMT. It recovered

May 13, 2021, 12:30 PM IST
Revealed! How Melinda Gates will spend her time post-divorce with Bill Gates

Revealed! How Melinda Gates will spend her time post-divorce with Bill Gates

The couple jointly runs the Bill & Melinda Gates Foundation, which is based in Seattle, with Chief Executive Mark Suzman. 

May 13, 2021, 10:18 AM IST
Google says 20% of workers will be remote, 60%  to work three days from office after its offices reopen this fall

Google says 20% of workers will be remote, 60% to work three days from office after its offices reopen this fall

Most of Google's 135,000 employees can continue to work from home through September of this year.

May 06, 2021, 09:02 AM IST
How will Bill and Melinda Gates divide their assets of over $146 billion post divorce? Reports say THIS

How will Bill and Melinda Gates divide their assets of over $146 billion post divorce? Reports say THIS

The divorce announcement by Bill Gates and his wife Melinda Gates puts focus on the couple's sprawling Seattle-based organisation, The Bill and Melinda Gates Foundation.

May 05, 2021, 09:58 AM IST
Letter to US Trade Representative Tai urges to oppose request by India, other nations for TRIPS waiver on COVID-19 vaccines

Letter to US Trade Representative Tai urges to oppose request by India, other nations for TRIPS waiver on COVID-19 vaccines

The requested waiver will provide many people with possible access to vaccines and treatments for COVID-19, including in developing countries.

May 05, 2021, 07:09 AM IST
Bitcoin sinks below $50,000 as cryptos stumble over Joe Biden's tax plans

Bitcoin sinks below $50,000 as cryptos stumble over Joe Biden's tax plans

The selloff came after reports that the Biden administration was planning a raft of proposed changes to the U.S. tax code, including a plan to nearly double taxes on capital gains to 39.6% for people

Apr 23, 2021, 15:33 PM IST
Ant Group explores ways for founder Jack Ma to exit as Beijing piles pressure

Ant Group explores ways for founder Jack Ma to exit as Beijing piles pressure

The company hoped Ma`s stake, worth billions of dollars, could be sold to existing investors in Ant or its e-commerce affiliate Alibaba Group Holding Ltd without involving any external entity, one of

Apr 19, 2021, 17:50 PM IST
Amazon Prime hits 200M users globally, Jeff Bezos in final annual letter to shareholders

Amazon Prime hits 200M users globally, Jeff Bezos in final annual letter to shareholders

In his final annual letter to Amazon`s shareholders on Thursday, Bezos who will be replaced by former AWS head Andy Jassy as Amazon CEO this year, said that customers have connected more than 100

Apr 16, 2021, 17:34 PM IST
TikTok’s founder net worth soars to $60 billion, becomes one of the richest men in the world

TikTok’s founder net worth soars to $60 billion, becomes one of the richest men in the world

Overall, the revenue of ByteDance grew 2x last year after the company expanded its play into areas such as ecommerce and online gaming.

Apr 14, 2021, 16:53 PM IST
Bumper job opening in Tesla! Vacancy for over 10,000 people, confirms Elon Musk

Bumper job opening in Tesla! Vacancy for over 10,000 people, confirms Elon Musk

Tesla Chief Executive Officer Elon Musk`s personal wealth has been boosted by a more than eight-fold surge in the stock`s value last year.

Apr 05, 2021, 17:43 PM IST
LG Electronics exits from loss-making mobile business

LG Electronics exits from loss-making mobile business

The South Korean tech powerhouse said in a regulatory filing that its mobile communications (MC) unit will no longer produce and sell handsets after July 31, citing its long slump and fierce

Apr 05, 2021, 17:29 PM IST