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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

Tesla's stock market value accelerates past $500 billion

Tesla produces far fewer cars than traditional manufacturers, but is clearly favored by markets.

Nov 25, 2020

By AFP News

Global stocks mixed amid vaccine progress, rising Covid-19 cases

Equities have garnered support from a series of upbeat coronavirus vaccine announcements.

Nov 21, 2020

By AFP News

McDonald's issues apology for denying delivery drivers toilet access.

Other fast food chains like KFC, Subway, Nando's and Wagamama were also among those accused of blocking toilet access

Nov 19, 2020

By Nina Siena

Xi Jinping's online address to APEC Summit

Xi Jinping touts China's huge economy as base of free trade in APEC speech

It was not immediately clear if Trump, wounded by his election loss to Joe Biden, would take part in the summit or send a high level delegate in his place.

Nov 19, 2020

By AFP News

Donald Trump GDP

China targets frozen food imports over virus fears

Mass-testing campaigns have been rolled out after reports of coronavirus traces on imported food and packaging.

Nov 18, 2020

By Jing Xuan Teng

China is expected to dominate APEC Summit

China to push trade agenda at APEC summit as US retreats

The APEC forum, held online this year because of the pandemic, brings together 21 Pacific Rim countries including the world's two biggest economies.

Nov 18, 2020

By Sam Reeves, with Martin Abbugao in Singapore

Donald Trump

Global stocks' virus vaccine boost fades

The rally petered out on Tuesday, with the Dow closing 0.6 percent lower and the Nasdaq and S&P 500 also ending in the red.

Nov 18, 2020

By AFP News

Huawei sells off budget phone brand as US pressure bites

Honor has been purchased by a group of 40 companies comprising agents, distributors and other businesses dependent on the brand's survival.

Nov 17, 2020

By Dan Martin

Donald Trump Samsung Apple

Asia markets lifted by fresh vaccine hope

The news fanned hopes the global economy could soon begin to get back on track.

Nov 17, 2020

By AFP News

Moderna vaccine news sends stocks higher, Dow nears 30,000

Moderna said its experimental Covid-19 vaccine was shown to be 94.5 percent effective according to early trial results.

Nov 17, 2020

By Ronald Jackson

DoorDash considering going public amid increasing demand for delivery services

Others found the timing of DoorDash's announcement interesting given that it was made a week after Proposition 22 was passed.

Nov 16, 2020

By John Diente

Japan exits recession as GDP grows 5.0% in Q3

The positive figures come after three quarters of contraction in the world's third-largest economy.

Nov 16, 2020

By Shingo Ito

Japan GDP

Pfizer CEO sold $5.6 million in stock on day of vaccine announcement

According to a disclosure with US market regulator SEC, Bourla sold 132,508 shares at $41.94 each on Monday.

Nov 12, 2020

By AFP News

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