Economy

Facebook hits 2 billion users To increase penetration rates in developing nations, Facebook has rolled out pared-down versions of its apps that use less data, and it has been developing solar-powered drones to extend internet...

How Foreign Brands Court Indian Consumers   Blessed and plagued with its own eccentricities, India is proof that products that are successes elsewhere may need a new twist. An estimated 1,700 new products hit the shelves in...

Germany explores curbing diesel emissions without hitting car makers   Germany's government and auto companies are under pressure to cut pollution caused by the auto industry - a lucrative sector with an annual turnover of...

China grants Trump brand additional trademarks in casino hub Macau​ The Macau government granted approval for trademarks that include casino services in the world's biggest gambling centre. A company linked to US President Donald Trump has been...

We need to tear down the silos and rebuild the digital economy Author: Dalia Marin, Chair of International Economics, University of Munich The digital economy is exacerbating the capital-labour disparity in global markets. A new competition...

Uber’s new CEO could get more than $200 million to leave Expedia By Tom Krisher   DETROIT — Expedia is confirming that CEO Dara Khosrowshahi has been offered the top job at ride-hailing company Uber. Barry Diller, board...

Automated tax reporting will soon be the only way to meet requirements Author: Rebecca Polley, Vice President of Business Development, Vertex   In a quest to cut down on fraud, tax authorities are increasing the amount and...

Walmart’s online sales soar in the US By Luján Scarpinelli   Walmart, the world’s largest offline retailer, sees good results in e-commerce sales. Walmart’s online sales in the US grew by 60 percent year-on-year in Q2 2017, boosting...

Toblerone shape not distinctive enough for trademark, Poundland claims   Defending its right to launch Twin Peaks bar, budget chain cites Toblerone version with fewer chunks brought out last year. Poundland has claimed Toblerone’s shape is no...

Heads roll at Australia's biggest lender bank amid money-laundering scandal   The Commonwealth Bank of Australia says two directors are to step down, with a third to leave in a year. The board changes come a...