News

The United States is looking at mandating tobacco firms to lower nicotine in cigarettes to minimally addictive levels, the WSJ reported. The policy aims to push millions of smokers to...

Global media brand Time revealed it has tapped Hong Kong-headquartered Crypto.com to allow cryptocurrency as a form of payment for digital subscriptions. Subscriptions with cryptocurrency payments will receive unlimited access...

No one was driving the Tesla which crashed into a tree and burst into flames killing two men inside the vehicle, according to CNBC. Local police said the preliminary investigation...

The United Kingdom is launching a taskforce to look into the potential for a "Britcoin" or central bank-backed digital currency, Reuters reported. British finance minister Rishi Sunak told the Bank...

Citigroup Inc. plans to put up new investment banking and trading operations in China after its retail banking exit in the market, according to Bloomberg. Citi plans to submit an...

China is expected to give clearance to its first foreign COVID-19 vaccine before July, the WSJ reported. Officials are reviewing clinical trial data for Germany's BioNTech SE which may be...

Sales of car maker Volkswagen rebounded in March from the sharp drop the same month last year due to the COVID-19 pandemic, MarketScreener reported. The German firm reported a 53%...

Social media giant Facebook inked a deal to buy renewable energy from an Indian firm's wind power project, according to Reuters. The agreement is Facebook's first deal of such sort...

The Bank of America doubled its net income in the first three months of the year as credit costs improved, the lender said in a statement. Net income rose to...

Virgin Galactic Founder Sir Richard Branson sold over $150 million worth of the company's stock over the past three days, according to CNBC. Branson and four entities he controls including...

Banks are expected to release some of the rainy-day money they set aside after the COVID-19 pandemic hit to boost their first-quarter profits, the WSJ reported. Analysts expect banks to...

Health regulators in the United States recommended a temporary halt in the use of Johnson & Johnson's COVID-19 vaccine due to reported blood clot cases, the WSJ reported. The announcement...