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International Business

Huge China-backed trade pact to be signed at Southeast Asian summit

Fifteen Asia-Pacific nations are set to sign an enormous free trade deal at an online summit that started Thursday, with the pact seen as...
International Business

Pandemic keeps Uber in the red as revenue plunges

Uber on Thursday reported that it lost $1.1 billion in the recently ended quarter as the pandemic walloped its ride-hailing business, while boosting its...
International Business

Ant Group’s shock IPO suspension hammers Alibaba shares

China's shock, last–minute decision to suspend the record-breaking IPO of fintech giant Ant Group hammered shares of founder Jack Ma's e-commerce titan Alibaba on...
International Business

The Brandfather

By Andy Marino Salman Amin is the relatively new CEO of pladis, the global biscuits and chocolates giant that is parent to McVitie’s and Godiva,...
International Business

Unilever sales dip despite virus lockdown rush

Anglo-Dutch consumer giant Unilever said Thursday its sales declined in the third quarter, even though consumers targeted large volumes of home-based products as the...
International Business

Google’s ‘free’ business model put to test in US antitrust suit

Google's long-running business model based on free services and advertising will be put to the test in the landmark antitrust lawsuit filed this week...
International Business

Fashion and leather lift LVMH amid Covid woe

French luxury goods giant LVMH said Thursday that a sales rebound in fashion and leather goods had lifted third quarter sales to limit fallout...
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