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Business News

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.

Putin demands economic reforms after 2018 polls

Moscow - Russia needs to introduce economic and tax reforms to end its stagnation, President Vladimir Putin said Thursday, urging the government to plan for 2019 and beyond, after the 2018 presidential polls.

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.

Trump win breathes life into private detention industry

Washington - Donald Trump's White House triumph this month caught the business world by surprise but also breathed life into a little-understood US industry: private prisons and migrant detention centers.

Big companies tell Trump: 'Don't quit climate pact'

Marrakesh - More than 360 mostly American companies and investors, including a dozen Fortune 500 firms, called Wednesday on Donald Trump to uphold the 196-nation Paris climate pact.

Cacophony of lawsuits to follow Trump into White House

Washington - Donald Trump assumes the mantle of the US presidency under an unprecedented cloud of litigation that could weigh on his ability to govern after this week's shock election.

Billionaire moguls elected to power

Paris - Donald Trump, the real estate mogul, reality TV star and US president-elect whose worth Forbes estimates at $3.7 billion, joins an ultra-elite group of billionaire business tycoons who have come to power through the ballot box.

Rob Bernshteyn's book 'Value as Service' says this is the model Special

The CEO of the software company Coupa, says the next major disruption facing businesses is a new business model that is evolving to a new standard. It will be where companies must offer a clear and quantifiable long-term value in order to compete.

Strong mobile ads lift Facebook’s third quarter revenue to $7B

Facebook is showing no signs of slowing down, displaying another solid profit performance, according to its third quarter earnings report.

Calais businesses dare to hope for 'apres-Jungle' boost

Calais - A new scent is in the air in Calais called "apres-Jungle", but it is not an exotic aftershave.Rather it sums up the northern French port's hopes and fears for the future following the dismantling of the notorious "Jungle" migrant camp in its backyard.

Thirsty Taiwan makes splash on global whisky scene

- An upstart Taiwanese whisky is outshining veteran brands on the global stage as the island fast earns a reputation as a stamping ground for connoisseurs.

Dutch sex workers take charge of their own business

Den Haag - Amsterdam sex workers on Thursday launched a project described as unique in Europe -- a brothel run by prostitutes by themselves with no exploitation, thanks to financing from a social investment fund.

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.
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Information booth on the 16th Street Mall  Denver  CO.
Information booth on the 16th Street Mall, Denver, CO.
Sunrise from a near by hotel high near the 16th St Mall  Denver.
Sunrise from a near by hotel high near the 16th St Mall, Denver.
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.
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Flickr
Bojan Šćepanović  CEO of MCB-Management Center Belgrade
Bojan Šćepanović, CEO of MCB-Management Center Belgrade
MCB-Management Center Belgrade
Flowers growing along the streets of the 16th Street Mall  Denver  CO
Flowers growing along the streets of the 16th Street Mall, Denver, CO
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
Reinhart  Schoenholtz  Coronado at the Economic Outlook Forum at NYU Stern on September 3  2014
Reinhart, Schoenholtz, Coronado at the Economic Outlook Forum at NYU Stern on September 3, 2014
An empty boardroom
An empty boardroom
manhattanloftcorporation
Houston  TX  October 14  2005 -- Charley Henderson  lead PIO in Houston and a Vietnamese language li...
Houston, TX, October 14, 2005 -- Charley Henderson, lead PIO in Houston and a Vietnamese language linguist, appears with Kiem Vu, on Little Saigon, a Houston radio station targeted at the local and evacuated Vietnamese population. FEMA provides language services for most languages in the super DRC. Photo by Ed Edahl/FEMA
FEMA
Outdoor cafes are the norm along the 16th Street Mall  downtown Denver  CO.
Outdoor cafes are the norm along the 16th Street Mall, downtown Denver, CO.
Bicycling is a popular way to get around the downtown core to the 16th Street Mall  Denver  CO.
Bicycling is a popular way to get around the downtown core to the 16th Street Mall, Denver, CO.
Bus traveling along the 16th Street Mall  with mountains in the distance  downtown Denver  CO.
Bus traveling along the 16th Street Mall, with mountains in the distance, downtown Denver, CO.
SCENE: Potential customers walk past businesses on lively Montague Street in Brooklyn Heights.
SCENE: Potential customers walk past businesses on lively Montague Street in Brooklyn Heights.
User:Aude/Wikimedia Commons
People playing chess at the 16th Street Mall  downtown Denver  CO.
People playing chess at the 16th Street Mall, downtown Denver, CO.
Coronado  Schoenholtz  Reinhart  and Backus at the Economic Outlook Forum at NYU Stern on September ...
Coronado, Schoenholtz, Reinhart, and Backus at the Economic Outlook Forum at NYU Stern on September 3, 2014
Oscar prep is in full gear
Oscar prep is in full gear
Mountains in the distance looking out from the 16th Street Mall  Denver  CO.
Mountains in the distance looking out from the 16th Street Mall, Denver, CO.
Police bikes parked while officer walk their beat.
Police bikes parked while officer walk their beat.
Biogen is an American global biotechnology company based in Cambridge  Massachusetts  specializing i...
Biogen is an American global biotechnology company based in Cambridge, Massachusetts, specializing in the discovery, development, and delivery of therapies for the treatment of neurodegenerative, hematologic, and autoimmune diseases to patients worldwide.
Biogen