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Top News: Business

'Leaning tower of San Francisco' sinking faster than we thought

San Francisco - San Francisco's 58-story sleek and ritzy high-rise, Millennium Tower is sinking and tilting faster than previously thought, based on newly released satellite images.

Airbnb imposes limit on London home rentals

London - Airbnb will impose a 90-day limit on the sharing of private homes in London, the home rentals website has revealed amid fears over the British capital's housing market.

Singapore fines two British banks for 1MDB-linked lapses

Singapore - Singapore's financial regulator said Friday it has fined two British banks and barred a former Goldman Sachs banker in a widening crackdown on money laundering linked to Malaysian state fund 1MDB.Standard Chartered Bank was slapped with a Sg$5.

Asian markets slip as investors take step back

Hong Kong - Asian stocks turned negative Friday and oil prices retreated along with the dollar as investors took a step back from a recent rally, while caution set in ahead of a crunch referendum in Italy at the weekend.

The company that asks employees to start work at 9:06 a.m.

What is the ideal company to work for? What types of benefits have the greatest effect? How about a later starting time or a free breakfast? One company has been pioneering different work practices to apparent success.

Mexico's central bank chief resigns as peso plunges

Mexico - Mexico's central bank chief Agustin Carstens resigned Thursday, officials said, as the peso continued a decline that has accelerated since Donald Trump's victory in last month's US presidential election.

The woman who decides what wine presidents drink

Paris - It came as a shock. But Virginie Routis learned very early that one of the obstacles she was going to have to overcome to become a top wine waiter was sexism.

Asian markets rally, energy firms soar on OPEC deal

Hong Kong - Energy shares led a rally across Asian markets Thursday after OPEC hammered out a last-minute deal to cut oil output for the first time in eight years, which sent crude prices soaring almost 10 percent.

Brazil central bank cuts interest rate again

Bras - Brazil's central bank cut its key interest rate Wednesday for the second month running, as data showed that the recession hitting Latin America's largest economy continued into the third quarter.

Russia confirms ready to cut oil output by 300,000 barrels per day

Moscow - Russian Energy Minister Alexander Novak, responding to a decision by OPEC Wednesday to reduce crude output to lift prices, said Russia was ready to cut its own oil production by 300,000 barrels a day next year.

Canadian opponents ready to take on Kinder Morgan

Opposition is growing over the proposed Kinder Morgan pipeline expansion in Canada, even as Prime Minister Justin Trudeau's government prepares to make an announcement Tuesday after markets close at 4:00 p.m.

Uber in China is now different than Uber in the rest of the world

Beijing - Uber has split with its subsidiary in China. Now, tourists will have to use a different Uber app that is separate from the Uber global app.

CNN acquires video sharing app Beme

On Monday, CNN announced it had purchased Beme, a video sharing app that has a large millennial fan base. The app was co-founded by Casey Neistat.

Putin, Iran's Rouhani back OPEC bid to stabilise oil prices

Moscow - Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani on Monday expressed support for OPEC's plans to limit the cartel's output ahead of a crucial meeting this week.

1.4 bn jobs 'depend on pollinators'

Paris - About 1.4 billion jobs and three-quarters of all crops depend on pollinators, researchers said Monday warning of a dire threat to human welfare if the falls in bee and butterfly numbers are not halted.

The City will bounce back despite Brexit: Lord Mayor

London - The Brexit vote has shaken the City of London but will not destroy it despite creating uncertainty, the newly-installed Lord Mayor of the financial hub told AFP.

Lufthansa pilots plan new strikes Tuesday and Wednesday

Berlin - Pilots at German flag carrier Lufthansa will resume their strike on Tuesday and Wednesday, their union said, as talks over a dispute concerning wages ended without a resolution.

Scotland may try a basic universal income

Officials in Scotland have discussed trailing a scheme that would replace benefits with a universal basic income, or one flat-rate payment.

World's most employable graduates are from Caltech

The world's most employable graduates went to the California Institute of Technology (Caltech), according to new figures assessing graduate employability.
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