CEO of major Asian bank says ‘a big, big challenge’ is looming for the global economy

The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back…

Netflix warns of slowdown after subscriber surge

Netflix has seen a surge in sign-ups due to the coronavirus lockdown, but has warned investors…

Sheep wool ‘barely worth selling any more’

“I started my company because my dad received approximately 3p per fleece for his Hebridean wool…

Google latest US tech giant to invest in India’s Jio

Google has become the latest US technology giant to invest in Indian conglomerate Reliance Industries’ digital…

Chinese economy bounces back into growth

China’s economy grew 3.2% in the second quarter following a record slump. Read more at https://www.bbc.com/news/business-53399999

Nissan takes on Tesla in China’s electric car market

Nissan has unveiled the first of its new electric vehicles as part of a turnaround strategy…

Why US firms shouldn’t ‘freak out’ yet over Hong Kong

The future of American companies in Hong Kong has been thrown into doubt after Donald Trump…

Johnnie Walker whisky to be sold in paper bottles

Johnnie Walker, the whisky which traces its roots back 200 years, will soon be available in…

Asia’s ‘shining star’ suffers biggest ever slump

Singapore’s economy plunged into recession in the last quarter as an extended lockdown hit businesses and…

Oil producers expected to increase crude output

The world’s leading oil producers are expected to announce an increase in output this week amid…

Emirates set to cut 9,000 jobs, citing pandemic

The president of Emirates said the Middle Eastern airline is set to cut as many as…

Taxes will rise to pay for virus, IFS think tank warns

Taxpayers face a day of reckoning when the government’s massive coronavirus support measures have to be…