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SoftBank-backed Hike shuts down, vanishes from app stores in India

The startup valued at $1.4 billion in a 2016 funding round announced its app was going off the air earlier this month without explanation

The rich are minting money in Covid-19 pandemic like never before

For them, not only has it been relatively easy to carry out their white-collar jobs from home

Malaysia unveils $3.7 billion package as Covid-19 pandemic cases surge

The measures come a week after Malaysia declared a state of emergency, allowing the government to enact immediate laws to contain the pandemic and support the economy

BT Group 'overcharged' customers, faces $815-million lawsuit: Report

Each of 2.3 million customers could be compensated £500

China GDP grows 2.3% in 2020, back to pre-Covid pandemic trajectory

GDP rises 6.5% in fourth quarter, even as other big economies struggle

Can Google fix the $108 billion news industry it helped break?

Google and Facebook are striking deals to start paying news organisations for their content

Coronavirus lockdowns are spreading a year after China closed Wuhan

In Australia, the recent discovery of one case in Brisbane prompted a three-day lockdown

An Auto CEO much of Detroit doesn't know takes over a new empire

CEO of Stellantis, the firm born out of Fiat and PSA's merger, will be steering 400,000 employees and 14 brands

Rishi Sunak plans 500 pounds one-time benefit payment amid Covid-19

The plans come ahead of an April deadline when last March's 20 pound-per-week uplift to universal credit payments is set to end

CEO who calls himself 'performance psychopath' takes over new auto empire

Carlos Tavares will lead Stellantis NV, the merged behemoth of Fiat Chrysler Automobiles NV and PSA Group. He doesn't tolerate meetings starting late or dragging on.

Pfizer vaccine worries Norway as 29 elderly people die after taking shot

The latest figure adds six to the number of known fatalities in Norway, and lowers the age group thought to be affected to 75 from 80

How Mukesh Ambani, Gautam Adani were caught in crossfire over farming laws

Farmers say laws opening up India's agriculture markets were designed to allow billionaires such as Mukesh Ambani and Gautam Adani to enter farming. The tycoons say they have no such interest.

World's biggest vaccine drive begins in India: Health workers get first jab

At each location, some 100 people are expected to receive the injections on Saturday

Apple working on foldable iPhone to rival Samsung, designs prototype screen

The Cupertino, California-based company has developed prototype foldable screens for internal testing, but hasn't solidified plans to actually launch a foldable iPhone

A year after Covid began, China on course to surpass US as biggest economy

Global output fell 4.2% last year, according to the World Bank, pushing China's share of it to 14.5% at 2010 dollar prices -- two years earlier than expected

Donald Trump blacklisting jolts China's ambitions to take on Boeing

If President-elect Biden doesn't reverse the move, American investors will be prohibited from buying securities of companies on the list

Too many companies are banking on carbon capture to reach net zero

The UN Principles for Responsible Investment estimates that some 42 companies announced net-zero targets in 2019

Trump's move to blacklist Xiaomi cost Chinese firm's top executives $4.5 bn

The move startled investors because previous bans focused on Chinese companies with military ties

Borrowing cost surges in bond market over RBI's measures to drain out cash

The surge comes after the Reserve Bank of India announced plans last week to restore normalcy to liquidity operations in markets in a phased manner

'He is laying low': Jack Ma's local bar awaits its most famous regular

Ma, who used to come at least once a month to the bar that was opened by Alibaba executives in early 2019, hasn't been around since late last year, said one worker