Business News

Business

TeamViewer Makes a $720 Million Move to Strengthen Digital Workplace Market

TeamViewer, a German software company, announced the acquisition of IT firm 1E for $720 million, aiming to integrate their expertise in remote access and support with 1E's autonomo...

Business

Elon Musk Advocates for Rethinking Tax Benefits for Nonprofit NGOs

Elon Musk recently suggested that tax advantages for nonprofit NGOs should be reconsidered, responding to a post critical of the sector's growth attributed to tax reforms under Pre...

Business

Typhoons Slow Philippine GDP Growth, but Future Looks Promising: World Bank

The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, th...

Business

Google-Meta Secret Ads Deal Under Scrutiny for Targeting Teens

European regulators are probing a secret Google-Meta ad deal that targeted teens, ignoring Google's guidelines on minors' online treatment, according to the Financial Times.

Business

FirstCom Academy Suspended: The Controversial Incentives Behind Their Marketing Practices

SkillsFuture Singapore (SSG) has suspended FirstCom Academy for three months due to its marketing practices, which included offering incentives for referrals and Google reviews. SS...

Business

US Sanctions Target Corruption: Former SriLankan Airlines CEO in the Spotlight

The US State Department has announced sanctions targeting individuals from multiple countries, including the former CEO of SriLankan Airlines, Kapila Chandrasena, over alleged brib...

Business

Bank of Korea Governor: Won's Past Exchange Rates Unlikely to Return

Bank of Korea Governor Rhee Chang-yong says it's challenging for the dollar-won exchange rate to return to past levels, amid market uncertainties and political turbulence affecting...

Business

Nippon Life's $8.2 Billion Acquisition: A Strategic Move in Global Insurance Market

Nippon Life Insurance plans to acquire U.S. life insurer Resolution Life Group Holdings for $8.2 billion, marking the largest acquisition by a Japanese insurer. The deal involves p...