World news

US online real estate player Compass plans to go public

Compass, a new age property broker, is believed to have hired investment bankers to take the company public, according to reports. It uses technology...

Penguin makes a splash in publishing industry with $2M Simon & Schus...

German media group Bertelsmann, through its company Penguin Random House (PRH), is set to buy publisher Simon & Schuster at USD 2.17 billion from...

JPMorgan red-flagged again, coughs up US$250 million as penalty

Multinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regula...

Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the...

On 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle...

Game over for Trump? Emily Murphy finally gives the green light to B...

It has been almost three weeks since the US got a new president-elect – Democrat Joe Biden. The whole world has followed the elections closely,...

What does the new COVID-19 evidence tell us about the future?

Winter is coming to the northern hemisphere. Usually, individuals get quite excited around the holidays. However, this year Christmas and New Year mig...

China’s Market Regulator Increases Probe After Sudden Default from S...

Following payment default from a state-backed coal miner, China’s market regulator, Financial Stability and Development Committee (FSDC) has int...

WorldRemit hires Paul Vogel of Spotify to its Board

Digital remittance industry has been growing and is expected to grow even more in years ahead. The rising smartphone and internet usage, increasing di...

Now AstraZeneca-Oxford University COVID-19 Vaccine Shows High Effica...

  November is proving to be a super month for global stock markets. The COVID-19 vaccine being developed by the Oxford University and British-Sw...

Asia ratchets up fight against COVID-19 as virus cases resurge

The Covid-19 pandemic originated in Asia in Wuhan, China and spread across the world. The first cases of Covid-19 were reported to the WHO on 31 Decem...

The US Plans First Vaccinations to Start Before Mid-December, Pfizer...

After the deadly COVID-19 pandemic hit the world, all eyes moved to how soon will there be a vaccine for the fatal virus, SARS-CoV-2. Speculations sta...

Trump attempts to reverse the US election result

US Presidential election has been the most controversial election of 2020. The unrest caused by the US elections is still relentless with the defeated...

China’s recovery pace rises after reports of positive data for Octob...

When much of the world is struggling to prevent the shaky rebound from being derailed by new coronavirus outbreaks, China's economy seems to be on its...

Apple reduces its 30% App Store commission for developers

Apple Inc. has slashed its App store commission fees from 50% to 15% implying that small app developers will now pay in half to Apple. The minimum eli...

Pfizer-BioNTech Vaccine 95% Effective In Preventing COVID-19, Ready...

  Pharma giant Pfizer Inc. (NYSE: PFE, PFE:US) Wednesday claimed that its vaccine candidate is 95 per cent effective in preventing COVID-19. The...

Here’s why Airbnb is making a splash

Airbnb is once again stealing the thunder as it is ready to make its debut on the US public markets. The San Francisco-based rental online marketplace...

Amazon forays into the pharmacy industry with Prime

Now Amazon.com will deliver prescriptions at your doorstep. Amazon Pharmacy is a new store on the Amazon website, allowing customers to purchase medic...

Virgin Australia takes a new route as Bain Capital takes over

Virgin Australia Holdings Limited (ASX:VAH) has finally got a new owner after the completion of A$3.5 billion sale to Bain Capital, the US privat...

Ransomware Attacks on the rise in APAC Region, Businesses forced to...

Ransomware, a malicious software that can infect your system, typically displays several messages demanding a specific fee to ensure your system start...

Warren Buffett sours on banks, trims tech and laps up pharma stocks

Berkshire Hathaway’s third-quarter filing is out. This time Warren Buffet has given food for thought to his followers, especially with regards t...