Business

Nike cheers return of pro sports as earnings top expectations

9 hours ago

By John Biers

Shares of Nike jumped 13 percent to $132.18 in after-hours trading.

MORE NEWS

Asian markets track US, Europe rout as restrictions return

With new virus cases, former FDA commissioner warned the US may experience "at least one more cycle" of the virus in autumn and winter.

By AFP News

Global stocks tank on fears of second coronavirus wave

Most Asian bourses had already fallen sharply earlier in the day.

By AFP News

Teenage boy makes £47,000 in just 30 days during Melbourne lockdown.

The 16-year-old makes use of the drop shipping method to sell his products which makes his operation a cost-free business model

By Nina Siena

TikTok Global to launch public offering, Chinese parent firm says

On Monday, ByteDance said in a statement on social media that TikTok Global plans to launch a "small round of pre-IPO financing".

By AFP News

Asian markets weighed by virus spikes and stimulus gridlock

A key worry is a spike in new virus cases in key economies that have led to containment measures being reimposed.

By AFP News

Australian leak-proof underwear label launches controversial ad showing menstrual blood

One shot focuses on a trash bin overflowing with blood-stained tissues as well as a woman washing a pair of ModiBodi underwear in the shower.

By Nina Siena

Global stocks mixed as Fed vows to keep interest rates low

The economic outlook remains exceptionally uncertain, with the Covid-19 pandemic continuing to exert a substantial toll on economies and societies.

By John Biers

Fed seeks to offer reassurance amid push for new US stimulus

The two-day event concludes amid a renewed push by a top lawmaker in Washington to agree on an additional spending bill to prop up the economy.

By Chris Stein

Virus restrictions threaten Asia economic recovery in 2021: ADB

As regional economies contract this year the number of poor people will likely rise by at least 78 million.

By AFP News

More news

FinTech

Bitcoin: Pandemic pushes price to record high for 2020 as investors turn to cryptocurrency

By John Diente

Facebook creates unit devoted to financial services

By AFP News

Gold price hike pushes Bitcoin up by $1,000 amid economic uncertainty

By John Diente

Twitter takes action against bitcoin scam that hacked accounts of high-profile users

By John Diente

Twitter accounts of Apple, Musk, Gates, others hit in major hack

By Glenn Chapman

More news

Why governments should pick up the phone faster

By Evan Macmillan

Asian markets on front foot as vaccine hopes get boost

By AFP News

Dutch minister says survival of Air France-KLM 'not a given'

By AFP News

More News

Unilever to acquire American men’s razor company Dollar Shave Club for $1bn

South Africa retailers pull out TRESemmé hair products over racist online advert

By Nina Siena

Pound sits at multi-month lows against dollar

Most Asian markets down after fresh Wall Street retreat

By AFP News

US stocks resume downward slide as sterling falls further

By AFP News

Microsoft buys gaming firm ZeniMax Media for $7.5 bn