Business
Business news, market analysis, and corporate updates. Expert insights on companies, industries, and economic trends driving global commerce.
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Business Leaders Warn Hong Kong Safety at Risk
Hong Kong Chief Executive Carrie Lam took the stage at the Asian Financial Forum on January 13, 2020,…
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Beales Department Store Chain Faces Financial Struggles Across Britain
The 140-year-old department store chain Beales is racing against time this week to secure a buyer or revised…
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Facebook Defends Political Ad Policy Amid Criticism
Facebook will keep accepting money for political advertisements, the company confirmed on 9 January 2020, brushing off months…
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China’s new investment law: yay or nay?
The Chinese government on January 1 launched its new Foreign Investment Law (FIL) which allows it to further…
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Ikea Agrees to $46 Million Settlement in Toddler’s Dresser Death
On January 9, 2020, IKEA announced a $46 million settlement with the parents of Jozef Dudek, a two‑year‑old…
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Facebook bans deceptive, modified media
Facebook’s Global Policy Management President Monika Bickert said they have removed modified images and videos that were intended…
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Australia’s bushfires hit businesses leading to more than $2 billion economic cost
Several companies in Australia, including resorts, factories and insurance firms, have been reportedly hit as the summer’s devastating…
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UK Government Disputes HS2 Project’s Alleged Out of Control Costs
On 7 January 2020 the British government dismissed assertions made by Lord Berkeley, deputy chair of the HS2…
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UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays
Clydesdale and Yorkshire Banks left thousands of customers without expected wages on 6 January 2020 after overnight payment…
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Virgin Money UK Admits Payday Payment Failure
By mid-morning on 6 January, the social media feeds of thousands of Clydesdale and Yorkshire Bank customers were…
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Amazon HR Warned Employees to Stop Climate Criticism
On Monday morning, a software engineer in Seattle opened an email from Amazon’s human resources department. The message,…
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Amazon Employees Face Termination Over Environmental Policy Criticism Claims
Allegations have emerged that Amazon may have threatened the jobs of staff members who publicly criticized the company’s…
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China’s Ant Financial applies for banking license in Singapore, joining Grab and Razer
Shortly after Razer and Grab, world’s highest-valued FinTech company “Ant Financial” applied for a digital wholesale banking license…
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Ant Financial Seeks Digital Banking License in Singapore Market
Ant Financial, the Chinese payments company recognized as the world’s most valuable financial technology firm, has submitted an…
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Uber Co-Founder Travis Kalanick Resigns from Company Board Effective December
Travis Kalanick, the 43-year-old co-founder of Uber, will resign from the company’s board of directors effective December 31,…
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Uber Co-Founder Travis Kalanick to Leave Company’s Board December 31
Travis Kalanick, the co-founder of Uber Technologies Inc., will step down from the company’s board of directors on…
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Tesco Halts Production Over Prison Labor Claim in Christmas Cards
Christmas cards stocked by Tesco are now sitting idle after the retailer halted production at Zhejiang Yunguang Printing,…
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Chinese supplier of Tesco claims prison labor allegations untrue
On December 26, 2019, Zhejiang Yunguang Printing, a Chinese supplier for British supermarket chain Tesco, denied allegations that…
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Tesco Supplier Denies Forced Prison Labor Claims
On December 26, 2019, Zhejiang Yunguang Printing, a Chinese supplier for British supermarket chain Tesco, denied allegations that…
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Tesco Halts Chinese Factory Production After Prison Plea Found in Card
/ HTML. 450-560 words. We need to include all facts: charity Christmas card bought from Tesco store in…
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Tesco Ends Production at Chinese Factory Over Forced Labor Allegations
On December 24, 2019, British supermarket chain Tesco suspended operations at a supplier factory in China following allegations…
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“Smear campaign” against Emirati products shut by Dubai
The Dubai Media Office (DMO) has forcefully shut what it considered as a systematic smear campaign against products…
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Tech Giants Sued Over Child Labor Deaths in Congo Cobalt Mines
A class-action lawsuit filed December 15, 2019, in Washington, D.C., accuses Apple, Dell, Google, Microsoft, and Tesla of…
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Five top tech firms face lawsuit over child death in DRC
Apple, Dell, Google, Microsoft, and Tesla were named in a federal class-action suit filed in Washington on 15…
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How Federal National Mortgage Association Generates Billions Amid Market Risks
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Fannie Mae Faces Market Volatility as Housing Distress and Equity Risks Mount
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Home Authority Frames Fargo-Moorhead Remodeling as Budget Conversation, Not Pitch
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New Home Sales Drop Across All Five States, HIA Reports 19.3% Quarterly Decline
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North Texas Builders Face ‘Constant Battle’ on Affordable Homes
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American Farmers Skip Big Buyers and Sell Corn Direct as Crop Prices Slump
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National MCOOL Coalition Petitions White House, Congress to Label Beef
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DOJ Expands Beef Price-Fixing Probe to Eight Major U.S. Grocery Retailers
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