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How a sanctions-busting smartphone business thrives in North Korea

North Korea is evading U.N. sanctions to cash in on soaring domestic demand for smartphones, using low-cost hardware imports to generate significant income for the regime, according to defectors, experts and an analysis of North Korean-made phones.



5 years ago

SoftBank in talks to boost $1.5 billion WeWork investment pledge: FT

SoftBank Group Corp is holding talks with WeWork to boost a $1.5 billion investment it had earlier agreed to invest in the U.S. office-sharing startup, the Financial Times reported on Wednesday.



5 years ago

Exclusive: Oracle has received requests for information about Google - company official

Oracle Corp , which has clashed with Alphabet's Google over a range of business issues, has received requests for information from congressional and state investigators looking into allegations the company violated antitrust law.



5 years ago

SoftBank in talks to boost WeWork investment by $1 billion: FT

SoftBank Group Corp is planning to invest an additional $1 billion or more in WeWork, altering a warrant agreement struck before WeWork postponed its IPO plans, the Financial Times reported, citing people briefed on the matter.



5 years ago

Asian stocks edge higher on hints of U.S.-China trade progress

Asian stocks edged up on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed.



5 years ago

Exclusive: Oracle says investigators have asked it for information about Google

Oracle Corp , which has clashed with Alphabet's Google in business disputes, has received requests for information from congressional and state investigators looking into allegations that Google violated antitrust law.



5 years ago

PG&E noteholders ready to invest $29.2 billion as part of reorganization plan

A group of PG&E Corp noteholders said in a court filing on Wednesday that they are ready to invest $29.2 billion into the power producer as part of a reorganization plan that will pay off liabilities from wildfires that drove it to bankruptcy.



5 years ago

Asian stocks gain as Trump says China trade deal could be 'soon'

Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed.



5 years ago

U.S. consumer confidence falls in September, trade fears dominate

U.S. consumer confidence ebbed in September as an escalation in trade tensions fanned concerns about business and labor market conditions, a potentially worrying signal for consumer spending, which has been driving the economy.



5 years ago

Private detective acted 'defensively' in Credit Suisse case: memo

Private detectives from security firm Investigo, hired to shadow a former Credit Suisse manager Iqbal Khan, took defensive action when Khan tried to photograph one of them with his mobile phone, an Investigo memo seen by Reuters said.



5 years ago

Wealthsimple Acquires Tax Software Company Simpletax

CNW Wealthsimple Release | Sep 24, 2019 Two of Canada's leading FinTech companies join forces to continue providing smart, simple financial tools for Canadians TORONTO, Sept. 24, 2019 /CNW/ - Wealthsimple, Canada's leading online investment service, announced today that it has acquired SimpleTax, a Canadian web-based tax preparation service that makes preparing and filing tax

5 years ago

New accounts aim to stop inflation from eroding your savings. But you have to work for your money

Many savings accounts today don't offer enough interest to beat inflation. Some companies are offering higher rates as a reward for good behavior. But be sure to read the fine print before you sign up.

5 years ago

As Thomas Cook customers return home, blame game begins

Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook's richly rewarded bosses in the company's demise on Tuesday, and asked why the state had to foot the bill for bringing tens of thousands of tourists home.



5 years ago

China supports enterprises to buy certain amount of U.S. farm products: Xinhua

China will support enterprises to continue to purchase certain amount of U.S. farm products, including soybeans and pork, the Xinhua News Agency reported on Tuesday, citing official sources.



5 years ago

Oil prices fall 1.5% on renewed trade fears, anemic growth

Oil prices fell about 1.5% on Tuesday as data on anemic manufacturing in Germany and Japan underscored a gloomy outlook for global demand amid renewed concerns about the U.S.-China trade war.



5 years ago