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Business

Biden unveils $1.9 tn economic plan as US recovery buckles

Dubbed the American Rescue Plan, the proposal released Thursday includes a host of measures aimed at revitalizing the world's largest economy.

30 hours ago

By Jim Watson with Chris Stein in Washington

Brexit adds to airline virus woes in Britain

Airlines have already incurred costs over the need for new operating licences to continue flying in Britain and the European Union in the wake of Brexit.

2 days ago

By Jean-Baptiste Oubrier

Brexit United Kingdom European Union

Global equities falter amid rising infections, US turmoil

The bad news included data showing spiking Covid-19 cases led in December to the first job losses since April.

4 days ago

By AFP News

Bitcoin Donald Trump

Most Asian markets fall after virus, vote worries hit Wall St.

Markets have been buoyed in recent months by the prospect of Republicans holding the Senate and provide a check on the Democrats but analysts said a "blue wave" scenario has spooked investors.

11 days ago

By AFP News

US Election Donald Trump

US, European stocks end at records on US stimulus, Brexit deal

On December 24, Britain and the European Union agreed a post-Brexit deal that allayed the threat of disruption to business on January 1, when measures extending free trade are set to end.

18 days ago

By AFP News

Brexit European Union

China begins anti-monopoly probe into tech giant Alibaba

China's market regulator in November issued draft antitrust guidelines for internet platform economies that highlighted examples of anti-competitive behaviour.

23 days ago

By Laurie Chen

Stocks, oil prices, sterling pressured by new virus strain

Fears about the new Covid-19 strain blunted the boost from the deal hammered out by US legislators on a $900 billion relief package.

25 days ago

By AFP News

Brexit European Union

Vaccine, Brexit hopes buoy global stocks; US retreats

British Prime Minister Boris Johnson and EU chief Ursula von der Leyen had said after a crisis call that they would "go the extra mile" to find common ground.

Dec 15, 2020

By AFP News

Brexit European Union England United Kingdom

iPhone factory at Narsapura, near Bangalore

Workers riot at India iPhone factory over 'exploitation' claims

Labour unrest is not uncommon in India, with workers paid poorly and given few or no social security benefits.

Dec 14, 2020

By AFP News

India IPhone

Shortages, jams and shutdowns: UK readies for Brexit 'no-deal' chaos

Failure to secure a deal in time for the end of the transition period on December 31 would see Britain revert to World Trade Organization rules, with tariffs and quotas, from January 1.

Dec 11, 2020

By Veronique Dupont

Brexit United Kingdom European Union

US Sports Betting Companies Continue to Excel as State Rules Relax

The year has so far turned out to be a significant one for the online gaming industry in the United States. The sector won big during the just concluded polls where different states sought to legalize online sports betting within their borders.

Dec 5, 2020

By IBT UK Contributor

Boeing shares surge on big 737 MAX order, global stocks mixed

Shares in Boeing jumped 6.0 percent, helping to lift the Dow on a mixed day for US equities.

Dec 4, 2020

By AFP News

For British commercial property, a critical fork in the road after Covid

The world of British real estate is at a crossroads. In one direction there are fantastic opportunities to bring about a very much healthier property scene and greatly to improve the built environment.

Dec 3, 2020

By Javad Marandi

Nike's new advert receives backlash in Japan for highlighting issues on racism.

Comments on social media accused Nike of exaggerating the scale of discrimination in Japan

Dec 3, 2020

By Nina Siena

Japan

Amazon in talks to buy podcast publisher Wondery: report

Wondery is seeking $300 million or more from a suitor, according to US media reports.

Dec 3, 2020

By AFP News

Amazon

EasyJet to start charging for overhead luggage lockers by February 10

EasyJet said customers who don't buy higher priced tickets will be restricted to stuffing a small carry-on bag under their seat.

Dec 3, 2020

By Nina Siena

OPEC+ meeting Tuesday will seek to agree on extended production cuts

Crude oil prices have picked up by 25 percent since the beginning of the month and have returned to roughly their pre-pandemic levels.

Dec 1, 2020

By Benoit Pelegrin with Denise Hruby in Vienna

OPEC

DoorDash reveals plans for IPO announcement soon

DoorDash aims to raise more than $2bn with IPO

The startup boasts having more than a million delivery people, referred to as "Dashers," and more than 18 million customers.

Dec 1, 2020

By AFP News

British Airways lays off 28,000 staff temporarily

British Airways stewardess offers "extra" services in-flight and during layovers

BA is seeking to identify the flight crew member as it launches an investigation.

Nov 30, 2020

By Nina Siena

'Global Britain' defends slashing aid budget

Finance minister Rishi Sunak told Sky News that Britain was facing an "economic emergency" because of the pandemic.

Nov 27, 2020

By Jitendra Joshi

United Kingdom European Union Brexit

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