Business

Australia passes landmark law requiring tech firms to pay for news

  by Andrew BEATTY Agence France Presse SYDNEY, Australia (AFP) -- Facebook and Google will be forced to pay for…

UK economy shrinks record 9.9% in 2020 on virus

by Roland JACKSON LONDON, United Kingdom (AFP) -- Britain's economy shrank by a record 9.9 percent last year on the…

Air Canada suspends US, international routes and lays off 1,500

  MONTREAL, Canada (AFP) -- Air Canada announced Tuesday the suspension of 17 US and international routes until the end…

Globe myBusiness Provides Digital Solutions to Empower Businesses in the Next Normal

Businesses have suffered great losses and struggled to stay afloat as the COVID-19 pandemic continues. Those without a digital presence…

Indonesia virus-hit economy posts first yearly contraction since 1998

JAKARTA, Indonesia (AFP) -- Indonesia on Friday logged its first annual contraction since the 1998 Asian financial crisis, as the…

Spotify losses triple in 2020 despite more subscribers

STOCKHOLM, Sweden (AFP) -- Swedish music streaming giant Spotify on Wednesday reported a tripled net loss in 2020, citing increased…

Bezos to step down as CEO of Amazon this year

WASHINGTON, United States (AFP) -- Jeff Bezos said Tuesday he would give up his role as chief executive of Amazon…

Pfizer estimates $15 bn in 2021 sales for Covid-19 vaccine

  NEW YORK, United States (AFP) -- Sales of the Covid-19 vaccine developed by Pfizer and BioNTech could reach up…

Samsung Electronics profit spikes on pandemic-driven demand

  by Sunghee Hwang Agence France Presse SEOUL, South Korea (AFP) -- Samsung Electronics, the world's biggest smartphone and memory…

Spain economy shrinks 11% in 2020: statistics institute

  MADRID, Spain (AFP) -- Spain's economy contracted sharply by 11 percent in 2020 due to the upheaval triggered by…

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