Business - Asian News from UK

Pfizer CEO sold $5.6 Mn stock on vaccine announcement day

Pfizer CEO Albert Bourla sold $ 5.6 million worth of company stock on Monday — the same day it said its and BioNTech’s coronavirus vaccine was more than 90 per cent effective.

November 11, 2020

Business·USA

EU finds fault with Amazon on abuse of dominant position

The European Commission has reached a preliminary conclusion that Amazon has illegally abused its dominant position as a marketplace service provider in Germany and France, breaching EU antitrust rules by distorting competition

November 11, 2020

Business·EU News

Whatsapp launches Shopping Button Globally

Facebook on Tuesday made a new shopping button in WhatsApp live globally, including in India, to help people check out available products and make purchases right from a chat. The tool will

November 10, 2020

Business·Tech LITE

Surging Gold Price Pushes Demand, Gold Loan Growth

Incessant surge in gold prices led to higher demand for gold loans amid the pandemic and increased the asset under management of major gold loan NBFCs, according to a report by World

November 10, 2020

Business·Economy

Samsung pips Apple in US smartphone sales

In a significant achievement, Samsung Electronics sold largest number of smartphones in the US in the third quarter of the year, beating its rival Apple for the first time in three years.

November 10, 2020

Business·Tech LITE·USA

Equity market, FII inflow witness huge rise

The Indian equity market has been on a fresh record run of late backed by a surge in foreign institutional investments (FII). In the past three days alone, net FII inflow in

November 10, 2020

Business·Economy

Core Sectors Lead the Demand For Construction Equipment

“The demand for construction equipment is picking up for the past couple of months and it is expected to accelerate further owing to the demand from sectors like roads, railways, energy, irrigation

November 10, 2020

Business·Economy·India News

Paytm to disburse Rs 1,000 Cr to MSMEs

Financial services platform Paytm on Monday announced to double its loan disbursements for the micro- and small and medium enterprises (MSMEs) from Rs 550 crore in last fiscal year to Rs 1,000

November 9, 2020

Business

AWS to invest Rs 20K crores in Hyderabad

Amazon Web Services (AWS) will invest Rs 20,761 crore to set up multiple data centres in Hyderabad, the Telangana government announced on Friday. Telangana’s Minister for Information Technology and Industry K.T. Rama

November 6, 2020

Business·India News

Uber expects to recover after $1.1bn loss in Q3

Ride-hailing major Uber lost $1.1 billion over the last three months, with its adjusted net sales down 20 per cent compared to the third quarter of 2019. Monthly gross bookings in its

November 6, 2020

Business

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