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Business News

Supermodel Kate Moss launching own modeling business

Months after leaving the agency that helped nurture her career for almost 30 years, legendary British supermodel Kate Moss is embarking on her own talent company.

Google faces probe in Indonesia over alleged unpaid taxes

Jakarta - Google is facing investigation in Indonesia for allegedly refusing to cooperate with the country’s revenue agency, which is looking into claims the Internet giant failed to settle its local tax obligations.

Call for business to embrace the digital economy

Oxford - An economics think tank has called on global businesses to embrace the digital economy; without engaging with digital technology many businesses will fall by the wayside, according to the foundation.

Twitter to live-stream video programs on business, tech, media

In a move aimed at expanding its audience, Twitter announced it is tapping finance news app Cheddar to deliver live video programs on business, media and technology to its millions of users.

HP to buy Samsung's printer business for $1.05 billion

HP has announced it is buying Samsung's printer business in a deal valued at over $1 billion. The U.S. computing giant will use Samsung's printers and copiers to drive innovation in the stagnant industry and increase its own market share in Asian markets.

Op-Ed: Trade Minister slams Britain as 'too lazy and fat'

London - Conservative Party politician and International Trade Secretary Liam Fox has slammed British business people as "too lazy and fat" to make a success of business on the world stage.

Uber avoids ban, strikes one-year deal with Quebec to stay

Montreal - American ride-sharing service Uber will continue to operate in the Canadian province of Quebec, at least for a year under a test program, following the signing of an agreement between the company and the provincial government.

Healthier workplaces are better for business

A new study suggests that a successful business is built both upon a safe working environment and a healthy workforce. The study makes recommendations for employers and says such measures pay dividends in the long-run.

Mass raids in Turkey against 'Gulen-linked' businesses

Istanbul - Turkey on Thursday ordered the seizure of assets belonging to 187 businessmen suspected of links to US-based Islamic preacher Fethullah Gulen, accused by Ankara of masterminding last month's attempted coup, state media reported.

To be effective employees need to digitally unplug

A new study has perhaps confirmed what most would expect. To be effective at work the following day, employees need downtime and this includes not checking work emails when at home.

Investigators: Giant Big Sur blaze caused by illegal campfire

Carmel Valley - California fire investigators say an intense wildfire that has already burned more than 50,000 acres near scenic Big Sur was started by an illegal campfire.

Chinese ridesharing giant Didi buys Uber China operations

The fierce competition between Uber and Didi Chuxing for dominance in China ended with the two ride-hailing giants merging to create a new company worth at least $35 billion.

Saatchi chairman put on leave over sexism comments

Paris - French advertising giant Publicis put the chairman of its Saatchi & Saatchi advertising agency on leave on Saturday, after he said the debate on gender bias in the industry was "all over".

Turkey detains tycoons as journalists appear in court

Ankara - Turkish authorities on Friday widened their sweeping post-coup crackdown to the business sector, rounding up three tycoons as a score of detained journalists were marched into court by police to hear their fate.

Turkey detains three top businessmen in probe after coup

Ankara - Turkish authorities on Friday widened their post-coup crackdown to the business sector, detaining three top tycoons as part of investigations into the activities of US-based preacher Fethullah Gulen.

Samsung files case against Huawei for patent infringement

Samsung Electronics has hit back at rival Huawei, filing a patent infringement case against the Chinese electronics company in a move seen to worsen the two firms’ rivalry.

China's Wanda eyes stake in Paramount Pictures

Shanghai - Chinese conglomerate Wanda is in talks to buy a stake in US film studio Paramount Pictures, according to a report, marking the Asian company's latest move to expand its entertainment empire.

Starbucks customers leave more than $1 billion on coffee cards Special

Seattle - Customers of Starbucks, the world's largest coffee chain, deposited more than $1 billion on store-issued debit cards in the first quarter of 2016, the San Francisco Chronicle reported Tuesday.

Barcelona agree reported record Nike deal

Barcelona - Barcelona agreed a "long-term" contract extension with American sportswear giants Nike on Saturday, which will reportedly see the Catalan club surpass Manchester United with the most lucrative kit-sponsorship deal in the world.

India eases red tape but foreign firms still struggle

New Delhi - Narendra Modi was elected two years ago this week promising to ease India's notorious red tape and unpack regulatory tangles, but for foreign firms, doing business in the world's fastest-growing large economy can still be a costly headache.

Krispy Kreme shares jump after European conglomerate buys chain

New York - Shares in North Carolina-based Krispy Kreme doughnuts soared Monday after a Luxembourg coffee investment giant announced plans to buy the 1,100-store chain.

Bleak prediction for U.S. employment

Washington - Employment levels in the U.S. are looking more precarious, according to a new report. The number of U.S. citizens filing for unemployment benefits increased dramatically according to government figures.

Brexit would make UK 'less attractive' for Japanese companies: Abe

Prime Minister Shinzo Abe on Thursday warned that Britain would become "less attractive" for Japanese investment if it votes to leave the European Union in a membership referendum in June.

Philippine presidential favourite causing market jitters

Manila - Philippine presidential favourite Rodrigo Duterte's vague economic plans and threats to kill thousands of criminals are spooking the financial markets, with one business leader warning Tuesday the trash-talking politician would bring anarchy.

Blow to Yukos claimants as Dutch quashes $50 bln award

Den Haag - Russia won a major legal victory Wednesday when a Dutch court overturned a ruling awarding a record $50 billion in damages to the former shareholders of the now-dismantled Russian oil giant Yukos.

Alaska Airlines could wrap up deal for Virgin America by Monday

Seattle - Alaska Airlines appears to be victorious in its bidding war with JetBlue to buy Virgin America, the low-cost cross-country airline founded by flamboyant British billionaire Richard Branson.

Philippine crucifixions a big money spinner

San Pedro - The men being nailed to crosses in a Philippine village were seeking salvation, but for corporate sponsors and small-time vendors the Good Friday event was all about quick riches.

U.S. arrest of scandal-tainted Turkey tycoon enthrals Erdogan critics

Ankara - It has all the ingredients of one of the soap operas that keep Turks hooked for weeks. A flamboyant young businessman who rose fast, a superstar singer wife, and intrigue that goes to the dark heart of Turkish politics.

How Japan's first dressmaking school changed women's lives

Toukyo - Born out of a drive to make Western-style clothing accessible, Tokyo's Bunka Fashion College unleashed a sartorial and social revolution among Japanese women after it opened nearly a century ago.

Op-Ed: Startups on the rise despite weak economy

Since the recession, small businesses have faced numerous challenges such as higher taxes, Obamacare, and lack of funding from banks.
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Toronto Ontario  Canada - June 5  2012. Located in a former Canadian Pacific Rail steam locomotive r...
Toronto Ontario, Canada - June 5, 2012. Located in a former Canadian Pacific Rail steam locomotive roundhouse, Steam Whistle brewery produces an average of 120,000 bottles of their Pilsner beer every day. During June and July their production will double to keep pace with demand. The company is in production 363 days of the year, only closed on Christmas and New Years day. The company produces one beer only - Pilsner - which was selected to fill a gap in the craft beer market that was identified
Scenes from downtown Denver along the 16th Street Mall.
Scenes from downtown Denver along the 16th Street Mall.
Nick Clegg  Tom Brake and Brian Paddick visit the historic Reeves furniture store in Croydon to see ...
Nick Clegg, Tom Brake and Brian Paddick visit the historic Reeves furniture store in Croydon to see how the family business has recovered following the loss of one of their buildings in the 2011 London Riots.
Simon Cooper
Due to a ruling  McDonald s may have to change how they react to employee complaints.
Due to a ruling McDonald's may have to change how they react to employee complaints.
Mike Mozart
Toronto Ontario  Canada - June 5  2012. Located in a former Canadian Pacific Rail steam locomotive r...
Toronto Ontario, Canada - June 5, 2012. Located in a former Canadian Pacific Rail steam locomotive roundhouse, Steam Whistle brewery produces an average of 120,000 bottles of their Pilsner beer every day. During June and July their production will double to keep pace with demand. The company is in production 363 days of the year, only closed on Christmas and New Years day. The company produces one beer only - Pilsner - which was selected to fill a gap in the craft beer market that was identified
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Congress of controllers
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The Orchard buying process has a simple app that does the testing for you.
The Orchard buying process has a simple app that does the testing for you.
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16th Street Mall street sign.
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Former CEO of Apple, Steve Jobs
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Like any other major metropolitan city, downtown Toronto has a variety of commercial buildings that can be seen from a distance, however, standing under one can make one dizzy.
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US Energy Markets
US Energy Markets
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Business Owners pitch to compete on ABC's Shark Tank
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Henry Blodget, CEO/Editor-in-Chief of Business Insider interviews Huffington Post’s Arianna Huffington
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Financial controlling
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At their height the Crumbs bakery featured large varieties of cupcakes made fresh every day. Their decline and closure left many people shocked.
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Sidewalk vendors, downtown Denver, CO.
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Mountains in the distance as viewed from the 16th Street Mall, downtown Denver, CO.
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Times Square Billboards
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