International Business News

Warren Buffet enters $100 billion rich club, check out top 5 billionaires in the elite list

Warren Buffet enters $100 billion rich club, check out top 5 billionaires in the elite list

Buffett’s net worth rose to $100.4 billion, according to the Bloomberg Billionaires Index.

Mar 12, 2021, 10:31 AM IST
International Women's Day: Google announces $25 mn fund to empower women, support for one million female entrepreneurs in India

International Women's Day: Google announces $25 mn fund to empower women, support for one million female entrepreneurs in India

On the occasion of International Women's Day, Pichai also committed to help 1 million women in rural villages in India to become entrepreneurs through business tutorials, tools and mentorship, as

Mar 08, 2021, 12:41 PM IST
India should use oil it purchased last year at cheaper rates: Saudi Arabia

India should use oil it purchased last year at cheaper rates: Saudi Arabia

Responding to a question on India's pleas, Saudi energy minister Prince Abdulaziz bin Salman at a press conference after the OPEC+ decision on Thursday (March 5) said New Delhi should take some of

Mar 06, 2021, 13:06 PM IST
Cryptocurrency trading volumes jumped 17% in February: Report

Cryptocurrency trading volumes jumped 17% in February: Report

Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35 per cent to $2.4 trillion, researcher CryptoCompare said. Smaller exchanges saw volumes slump by

Mar 05, 2021, 18:05 PM IST
ByteDance agrees to $92 million privacy settlement with US TikTok users

ByteDance agrees to $92 million privacy settlement with US TikTok users

The lawsuits claimed the TikTok app "infiltrates its users` devices and extracts a broad array of private data including biometric data and content that defendants use to track and profile TikTok

Feb 26, 2021, 09:03 AM IST
Uber tells employees to work from home till mid-September

Uber tells employees to work from home till mid-September

Google has also extended work from home till September 2021 and when the offices reopen, employees may rejoin the workplace for three days a week and work from home on rest of the days. Google had

Feb 19, 2021, 11:07 AM IST
Elon Musk warns investors against spending lifetime savings in cryptocurrency

Elon Musk warns investors against spending lifetime savings in cryptocurrency

The video was released just a day before the Tesla made its bitcoin investment public on Sunday (February 7). Elon Musk was in West Hollywood and his fans asked him for an autograph and thus asked

Feb 18, 2021, 17:15 PM IST
OMG! Citibank transfers over Rs 3,600 crore by mistake, the court ruling is equally astonishing

OMG! Citibank transfers over Rs 3,600 crore by mistake, the court ruling is equally astonishing

Some lenders returned money they were sent, but 10 asset managers including Brigade Capital Management, HPS Investment Partners and Symphony Asset Management refused, prompting Citigroup`s lawsuit to

Feb 18, 2021, 11:40 AM IST
China aims at rare earth export curbs to target US defence industry: Report

China aims at rare earth export curbs to target US defence industry: Report

China is aiming at curbing the exports of rare earth minerals that are crucial to the US defence contractors, a Reuters report said. The curb on the exports of rare earth minerals is likely to be on

Feb 18, 2021, 00:17 AM IST
World’s youngest self-made woman billionaire at just 31! Meet dating app Bumble’s CEO Whitney Wolfe Herd

World’s youngest self-made woman billionaire at just 31! Meet dating app Bumble’s CEO Whitney Wolfe Herd

The company is among a number of high-profile Silicon Valley tech startups, which are seeking to cash in on record-breaking demand for new shares on U.S. capital markets. Her nearly 12% stake in the

Feb 12, 2021, 10:35 AM IST
Tesla invests $1.5 billion in Bitcoin, cryptocurrency surges to $44K

Tesla invests $1.5 billion in Bitcoin, cryptocurrency surges to $44K

The announcement comes amid renewed interest shown by Musk in cryptocurrency and requests from Tesla customers for accepting bitcoin for buying the cars. Musk has also been sending tweets in support

Feb 09, 2021, 10:24 AM IST
As Facebook turns 17, here's what boss Mark Zuckerberg says about the social media's 'wild journey'

As Facebook turns 17, here's what boss Mark Zuckerberg says about the social media's 'wild journey'

The fourth-quarter results validated the company’s focus on making it easier for retailers to sell products to Facebook users, who frequently were stuck at home last year during the COVID-19 pandemic

Feb 05, 2021, 11:33 AM IST
Here's all about Andy Jassy, the man who will replace Jeff Bezos as Amazon CEO

Here's all about Andy Jassy, the man who will replace Jeff Bezos as Amazon CEO

The news came as Amazon registered its largest quarter by revenue of all time at $125.56 billion, as online shopping broke all records in the holiday December quarter amid the Covid-19 pandemic. Here

Feb 03, 2021, 11:49 AM IST
Amazon surpasses $100B in quarterly revenue for 1st time

Amazon surpasses $100B in quarterly revenue for 1st time

Amazon also announced that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy, CEO of AWS, will become Chief Executive Officer at that time. The

Feb 03, 2021, 10:41 AM IST
Elon Musk says THIS about Bitcoin; statement sends the cryptocurrency up 14%

Elon Musk says THIS about Bitcoin; statement sends the cryptocurrency up 14%

Musk also chatted about COVID-19 vaccines, saying he expected an avalanche of them soon. He added that authorities should focus on giving out the first dose of vaccines soon and worry about the

Feb 02, 2021, 13:34 PM IST
Jack Ma`s 50-second video reappearance pushes Alibaba shares higher

Jack Ma`s 50-second video reappearance pushes Alibaba shares higher

The company`s American Depositary Receipts (ADRs) rose more than 5% on Wednesday, following a 8.5% gain in its Hong Kong-listed shares, after founder Ma made his first public appearance since October

Jan 22, 2021, 10:02 AM IST
Elon Musk to offer $100 million prize for development of THIS technology

Elon Musk to offer $100 million prize for development of THIS technology

The International Energy Agency said late last year that a sharp rise in the deployment of carbon capture technology was needed if countries are to meet net-zero emissions targets.  Musk, who co-

Jan 22, 2021, 09:26 AM IST
Uncertainty heightens over Samsung as heir Lee Jae-yong sentenced to two and a half year years in prison

Uncertainty heightens over Samsung as heir Lee Jae-yong sentenced to two and a half year years in prison

For the whole of 2020, Samsung Electronics forecast upbeat earnings, estimating its operating profit to reach 35.95 trillion won ($32.5 billion), up 29.4 per cent from a year earlier, with its sales

Jan 19, 2021, 16:16 PM IST
Elon Musk has citizenship of 3 countries: Here are 10 interesting things about planet's richest man

Elon Musk has citizenship of 3 countries: Here are 10 interesting things about planet's richest man

Born in 1971, Pretoria, South Africa, Elon Musk moved to Canada at the age of 17.

Jan 11, 2021, 12:28 PM IST
Did you know the planet's richest man Elon Musk once survived on $1 a day for food? Here's an interesting trivia

Did you know the planet's richest man Elon Musk once survived on $1 a day for food? Here's an interesting trivia

There is a very interesting story regarding Musk's college days. Read up.

Jan 08, 2021, 14:18 PM IST