Category: Business

Proportion
staffFebruary 9, 2018

Facebook launches $10 mln community leader awards

Facebook launched a community leadership program on Friday that will award $10 million in total to more than 100 people ...

Proportion
staffFebruary 2, 2018

Strong iPhone prices, cash plans buoy Apple shares after muted outlook

Stronger iPhone prices and hints by Apple Inc Thursday that it could return more than half of its $285 billion ...

Proportion
staffJanuary 27, 2018

World’s biggest ever digital currency ‘theft’

One of Japan’s largest digital currency exchanges says it has lost some $534m worth of virtual money in a hacking ...

Proportion
staffJanuary 12, 2018

Visa to eliminate customer signatures for cards with security chips

Visa Inc. announced Friday it would no longer require businesses to get customers’ signatures on purchases made with chip-card security. ...

Proportion
staffJanuary 8, 2018

Celgene buys cancer therapy maker Impact Biomedicines for $1.1B

Celgene Corp. has announced the acquisition of Impact Biomedicines, a company developing medication to combat bone marrow cancer. Celgene, headquartered ...

Proportion
staffJanuary 5, 2018

More than 100 Sears, Kmart stores to close

Sears Holdings said Thursday it is closing 39 Sears locations and 64 Kmart stores in addition to the dozens of ...

Proportion
staffJanuary 4, 2018

Asia markets enjoy fresh rally as energy firms surge

Japan’s Nikkei ploughed more than 2% higher at the beginning of its first trading day for 2018 as investors played ...

Proportion
staffNovember 21, 2017

US moves to block AT&T’s takeover of Time Warner

The US Department of Justice has filed a lawsuit to block telecoms giant AT&T’s acquisition of Time Warner, the owner ...

Proportion
staffNovember 20, 2017

Meet the world’s youngest self-made billionaire

John Collison does not seem entirely comfortable with his somewhat impressive claim to fame – he is the world’s youngest ...

Proportion
staffNovember 4, 2017

BMW recalls 1.4M vehicles over fire risk

German automaker BMW announced Friday it is recalling 1.4 million vehicles in North America over fire risks. The company issued ...