Date
25 January 2020

BUSINESS

  • A federal court in Melbourne has found online hotel booking site Trivago guilty of misleading customers about hotel room rates. Founded in the Netherlands in 2005, the website has over 150 million users worldwide, making it...
  • Market participants’ excess of optimism over the trade agreement between the United States and China is clearly exaggerated, once we have the details. The trade conflict has had a mild impact on both economies. The US...
  • Hong Kong celebrity Edison Chen Koon-hei’s streetwear brand CLOT recently released the AF1 Rose Gold Silk sneakers in cooperation with Nike. Over 3,000 people lined up on the street outside a shop in Sai Wan overnight....
  • British officials have proposed granting Huawei a limited role in the UK’s future 5G network, resisting US calls for a complete ban over fears of Chinese spying, Reuters reports, citing people with knowledge of the matter....
  • Apple has pushed back against EU lawmakers’ call for a common charger, warning the move could hamper innovation, create a mountain of electronic waste and irk consumers, Reuters reports. The iPhone maker’s comments came a week...
  • A rising number of central banks are likely to issue their own digital currencies in the next few years, research by the Bank for International Settlements (BIS) showed on Thursday, Reuters reports. Some 20 percent of...
  • Tesla became the first publicly listed US automaker to cross US$100 billion in market valuation following a strong rally in shares of the electric carmaker over the past three months. On Wednesday, Tesla closed at US$569.56...
  • Cathay Pacific Airways (00293.HK) will allow all crew members and frontline employees to wear surgical masks due to concerns over a new coronavirus, and said passengers to and from Wuhan, China, could change or cancel flights for...
  • Google researchers have found multiple security flaws in Apple’s Safari web browser that allowed the tracking of users’ browsing behavior, the Financial Times reported on Wednesday, citing a soon-to-be published paper. The vulnerabilities were found in...
  • US President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn’t agree to a trade deal, Reuters reports. “I met with the new head...

WORLD