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Keep yourself informed about the latest business news, trends, and analyses with Business News. Our team of investigative journalists provides in-depth coverage of the world of business.

Volkswagen eyes settlement with customers over ‘dieselgate’ scandal

Germany's largest car company Volkswagen has confirmed entering a discussion with the Federation of German Consumer Organisations or Verbraucherzentrale Bundesverband (VZBV) for possible settlement...

Microsoft claims mimic websites from North Korean hack group

Microsoft was delighted to announce that it had taken control over 50 websites that were operated by a hack group in North Korea. This after the American technology...

Smart tech maker Wyze admits leak of customer data

US-based smart home technology company Wyze Labs Inc. has confirmed the leakage of databases of its millions of customers. The leak was first reported by Twelve Security, a...

Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory

Tesla Inc., has confirmed entering into agreements with Chinese lenders for a secured term loan facility of up to 9 billion yuan ($1.29 billion) in order...

Media network CNN says Amazon sells fake and dangerous kids’ products

American news-based pay television channel CNN published an article entitled “Fake and dangerous kids’ products are turning up for sale on Amazon” citing a 4 in 1...

Uber co-founder Travis Kalanick to resign from ride-hailing giant board

Uber’s co-founder and former CEO Travis Kalanick is set to step down from the board of directors of the world’s largest ride-hailing company effective December 31. Kalanick...

Global stock markets slip on Christmas Eve

With numerous major global markets closed for Christmas, the equity markets across the globe mostly slipped in a subdued trading held few hours before the 25th....

Chinese supplier of Tesco claims prison labor allegations untrue

"This is completely fabricated and slander. We have never established any commercial relationship with Qingpu prison." Thus, said General Manager Lu Yunbiao of Zhejiang Yunguang Printing, the...

British grocery chain Tesco ends production at Chinese factory over forced...

Tesco, a U.K.-based grocery chain, has stopped its production of Christmas cards at a Chinese factory following claims of alleged prison labor. According to reports,...

Robocash’s license revoked for operating unauthorized branches—SEC

The Securities and Exchange Commission (SEC) of the Philippines revoked the license of Robocash Finance Corporation for running several branches that are not approved by the authorities. Robocash...
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