Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to award them big fees.
Amazon.com Inc on Friday sued New York's attorney general to stop the state from taking legal action over its early COVID-19 response, including its firing of activist Christian Smalls.
The kingpin or kingpins of the world's biggest illicit credit card marketplace have retired after making an estimated fortune of over US$1 billion in cryptocurrency, according to research by blockchain analysis firm Elliptic shared with Reuters.
L'Oreal, the world's biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a "roaring 20s" when people get dressed up and go out again to socialise.
LONDON: Britain's coronavirus-ravaged economy slumped by 9.9 per cent in 2020, the biggest annual crash in output in more than 300 years, but it avoided heading back towards recession at the end of last year and looks to be on course for a recovery in 2021. Official figures showed...
SYDNEY: Australia on Friday (Feb 12) moved a step closer to introducing pioneering legislation that would force tech giants to pay for sharing news content, a move that could change how people worldwide experience the Internet. Here is a look at what the proposed rules are, why companies such...
North American cannabis companies rocketed in value in recent days - before plunging on Thursday - as the Reddit forums behind a month of frenzied stock market trading stoked interest in a sector booming on the back of expectations of decriminalization.
SINGAPORE: The bulk of Singapore's economy is expected to recover this year after last year's drubbing from the COVID-19 pandemic. Some sectors - such as transport, tourism and aviation - may take a longer time to do so, said Prime Minister Lee Hsien Loong on Friday (Feb 12). "Last...
Australia will introduce landmark legislation to force Alphabet's Google and Facebook to pay publishers and broadcasters for content next week, Treasurer Josh Frydenberg said on Friday.
PayPal Holdings Inc is not likely to buy cryptocurrencies such as bitcoin, the payments processor's Chief Financial Officer John Rainey told CNBC on Thursday.
