New York City's growing homeless encampment is killing struggling local businesses
Homeless people living in New York's sidewalks say apartment owners overlooking the encampment are throwing hot water on them.
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Virus hits Commonwealth Bank profits in 'challenging' year
The final dividend of 98 cents was less than half the Aus$2.00 paid out after the bank's half-year results in February.
GDP stats to reveal depths of virus-fuelled UK recession
The UK economy contracted by 2.2 percent in the first quarter.
Facebook creates unit devoted to financial services
Noting security concerns posed by Facebook's yet-to-be-launched digital currency Libra, the Federal Reserve last week revealed plans for its own instant payments system.
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Obesity battle: Mexico approves ban on sale of junk food, sugary drinks to children
Mexico deputy health minister calls sugary drinks "bottled poison" and urges people to stop buying them.
Twitter users on Android should urgently upgrade to latest version for security: Developers
If left unpatched, hackers will be able to exploit the operating system's permissions to access direct messages.
Uber earnings hit hard as pandemic stalls revenue
Uber said the company sees a recovery from the crisis that will allow it move into profitability.
BoE sees less severe UK downturn
The pound rallied on the update, which included news that the BoE held its main interest rate at a record-low 0.1 percent.
Audi gets backlash for provocative advert featuring young girl eating a banana
The German car maker is in hot water for a sexually suggestive advert of its RS 4 Avant sports car series
Ireland bans Tampax advert following complaints of sexualising tampon use
New Tampax advertisement offends female viewers for containing "vulgar and overly descriptive content."
Virgin Australia closes budget offshoot, fires 3,000 staff
It would also continue the suspension of long-haul international flights and retire part of its fleet.
Microsoft could be 'White Knight' for TikTok -- or fall flat
Buying TikTok could make Microsoft a hipper, more youth-focused company.
Trump gives TikTok six weeks to sell itself to US company
Trump said that Microsoft was in talks to buy TikTok, which has as many as one billion worldwide users.
Pandemic's economic fallout will worsen conflicts: UN diplomats
UN Secretary General Antonio Guterres's plea for a global ceasefire back in March has gone largely unheeded.
Crushed by COVID, small Spanish firms struggle to survive
So far, 40,000 bars, restaurants and hotels have permanently closed.
Australia unveils law forcing tech giants to pay for news
Both Facebook and Google say advertising revenue linked to news content is a small fraction of their overall revenue.
Virus wreaks economic havoc as global cases top 17 million
COVID-19 is forcing governments into a persistent balancing act between saving lives and preventing economic devastation.
Big Tech firms see robust results in pandemic-hit quarter
The results from Apple, Amazon, Facebook and Google parent Alphabet were largely better than expected.
UK government invests £170,000 in members-only sex party start-up company
A sex party start-up company valued at £11.5 million gets funding from UK government's Future Fund campaign
Samsung Electronics net profit climbs 7.3% in Q2
Samsung Electronics shares were up 1.69 percent in early morning trade.
BMW is diversifying it automotive catalogue with all-electric version of its popular models
Advanced battery technology and manufacturing methods have now allowed all-electric vehicles to match or even outperform those with combustion engines.
Gold price hike pushes Bitcoin up by $1,000 amid economic uncertainty
Bitcoin prices reportedly reached a high of $11,000 but dropped back to approximately $10,800 shortly thereafter, which is still a remarkable growth.
Markets mixed ahead of Fed decision as US lawmakers haggle
With the disease showing little sign of being fully controlled until a vaccine is created, economic recoveries and a months-long global markets rally are sputtering.
Gold hits new record, equities up on US stimulus hope
The global economic outlook remains clouded, putting the brakes on a months-long stocks rally.
Drive-thru strip clubs provide pandemic friendly option for exotic live entertainment
Gentleman's club in Houston, TX opens drive-thru strip club to help employees stay afloat.
Asia markets hit as US jobless claims jump, stimulus talks stall
Economists suggested the weak data could spur US lawmakers to push on with fresh stimulus measures as their previous package comes to an end soon.
S. Korea reports worst economic performance in more than 20 years
Quarter-on-quarter, it shrank 3.3 percent, also the worst showing in more than 20 years.
E-scooter riders warned of possible battery explosions on the road
Electric Safety First warns of buying substandard lithium batteries for e-bikes and e-scooters from online sellers
EU agrees landmark €750 bn virus 'Marshall Plan'
The deal was sealed after intense negotiations that saw threats of walkouts, vetoes and fierce opposition from the Netherlands and Austria.
TikTok confirms plans to open London HQ still on table amid controversial backlash
The video-sharing and social networking service has been allegedly collecting personal information for China, as speculated by tech pundits.
Australia extends stimulus spending as 'COVID recession' looms
Between February and May, two million Australians had already lost their jobs or saw hours significantly cut.
Markets advance on hopes for vaccine, focus on EU summit
The studies provided a much-needed shot in the arm for investors, who have been put on edge in recent weeks by worrying spikes in new infections.
Angry EU leaders battle to save deadlocked virus recovery summit
The marathon talks chaired by EU Council President Charles Michel failed to yield agreement over the size, rules for a 750-billion-euro loans, grants package.
Twitter takes action against bitcoin scam that hacked accounts of high-profile users
For now, users are blocked from entering bitcoin addresses in their tweets as a temporary safety precaution after the cyberattack.
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New US Law on AI Porn 'Protects Politicians More Than Victims', Critics Warn
