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Business

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.

Sep 16, 2020

By Chris Stein

Federal Reserve GDP

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.

Sep 15, 2020

By AFP News

Why governments should pick up the phone faster

According to a 2020 CFI Group survey, 31% of U.S. citizens give up on agency websites and turn to phone calls when they can't accomplish a task.

Sep 14, 2020

By Evan Macmillan

Asian markets on front foot as vaccine hopes get boost

Brexit tensions and uncertainty over the US presidential election are keeping gains in check.

Sep 14, 2020

By AFP News

Federal Reserve Brexit White House

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

Air France said it would cut almost 7,600 jobs by the end of 2022 and KLM up to 5,000 jobs.

Sep 14, 2020

By AFP News

France Netherlands

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

TRESemmé agreed to donate 10,000 sanitary pads to women from informal settlements around the country

Sep 11, 2020

By Nina Siena

South Africa

Pound sits at multi-month lows against dollar

Most Asian markets down after fresh Wall Street retreat

The pound was struggling to fight its way out of a trough as sparring between Britain and the EU raised the prospect they will not reach a trade agreement.

Sep 11, 2020

By AFP News

European Union Brexit

US stocks resume downward slide as sterling falls further

Large tech companies have been major beneficiaries during the coronavirus pandemic.

Sep 11, 2020

By AFP News

Apple Google Amazon

Qing vase smashes world record in glowing China art sales

Rare Chinese "teapot" found in garage could fetch up to £100,000 at auction

Valuers at Hansons' auction house identified the object dating back to the time of Chinese Emperor Qianlong

Sep 10, 2020

By Nina Siena

Junk bonds boom as coronavirus lures investors to risk

By mid-August, a total $274 billion in junk bonds had been issued in the US.

Sep 9, 2020

By Ali Bekhtaoui

Asian markets tumble as wall Street tech rout spreads

US traders returned from a long weekend to resume the selling that sent shudders through markets last week as they fretted over lofty valuations of equities.

Sep 9, 2020

By AFP News

Brexit Apple Microsoft

US Aviation Authority investigating Boeing 787 manufacturing flaws

The Seattle-based plane manufacturer, one of the most important suppliers for the Pentagon, is going through a long rough period.

Sep 8, 2020

By AFP News

Man sells collection of 28 years' worth of birthday whisky bottles for £40,000

The collection got a lot of offers from interested parties mostly from New York and Asia.

Sep 7, 2020

By Nina Siena

Scotland

Asian markets struggle to bounce back after rout

China-US tensions and a lack of progress in Washington stimulus talks -- all against the backdrop of the coronavirus -- were keeping markets from surging.

Sep 7, 2020

By AFP News

Federal Reserve

McDonald's to sign celebrity sponsorship deal with Travis Scott

The burger giant is pursuing a bolder marketing vision as it invests £76 million for its marketing budget this year

Sep 4, 2020

By Nina Siena

Asian stocks plunge with Wall St as tech surge halted

All three main indexes in New York suffered hefty selling.

Sep 4, 2020

By AFP News

Apple Microsoft Amazon Facebook

Hong Kong opens its first CBD cafe and boutique in Sheung Wan

Found cafe offers a full menu of CBD infused food and beverages as well as a wide range of wellness products

Sep 3, 2020

By Nina Siena

Hong Kong

Asian stocks track Wall St records on vaccine, recovery hopes

US officials have called on states to prepare to distribute a possible vaccine by November 1.

Sep 3, 2020

By AFP News

Donald Trump

Maximising Customer Experience with Contact Centre As A Service

Call centres have undergone radical changes in the last decade from omnichannel communication to personalised interactions in order to boost customer experience.

Sep 3, 2020

By Staff Reporter

Uber updates policy to address passengers who choose not to wear masks

Uber elaborates more on the procedure wherein it will not require the mask verification for all of its customers.

Sep 2, 2020

By John Diente

Uber

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