Business Insights

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Latest Business Insights

Burberry sales up 9% on Chinese demand

Iconic British fashion group Burberry says sales jumped nine percent in the second half of its financial year thanks to a rise in Chinese demand for its products.

By Editorial Team

Glencore Xstrata deal gets Chinese approval

China has approved commodities trader Glencore’s $64 billion merger with mining group Xstrata.

By Editorial Team

Hertz partners with China Auto Rental

Car hire firm Hertz has agreed a deal to buy a 20 percent stake in China Auto Rental, as it looks to expand its presence in China.

By Editorial Team

Boston ‘terror’ blasts injure 140, three dead

Two explosions near the finishing line of the Boston Marathon have left three people dead and more than 140 injured.

By Editorial Team

Asia markets tumble following Boston blasts

Stock indexes across Asia have fallen after two explosions at the Boston Marathon finish line on Monday unnerved investors, adding to the negative tone in Asian trade.

By Editorial Team

South Korea plans 17.3tln won stimulus package

South Korea has unveiled a 17.3 trillion won stimulus plan designed to boost its economy and growth prospects, its Finance Ministry said on Tuesday.

By Editorial Team

Alonso wins Chinese GP

Ferrari’s Fernando Alonso won a drama-packed Chinese Grand Prix on Sunday, with Lotus’ Kimi Raikkonen and Mercedes’ Lewis Hamilton finishing second and third.

By Editorial Team

China’s economic growth slows

China’s economy, the world’s second largest, has slowed and performed worse than expected in the first three months of the year.

By Editorial Team

North Korea celebrates Kim Il-sung birthday

North Korea has marked the birthday of its founder Kim Il-sung – the grandfather of current leader Kim Jong-un.

By Editorial Team

South Africa’s MTN prequalified for Myanmar telecoms licence

South Africa-based multinational mobile telecommunications group MTN on Friday said its subsidiary MTN Dubai was one of 12 operators to be prequalified by the Myanmar Telecommunications Ministry for two telecommunications licences in the country.

By Editorial Team