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Business 27 Apr 2019 | 12:00 AM

Gen Z turns to socialismto change the world

AS we move deeper into the 21st century, a new generation has emerged today to take over. It’s Generation Z, which includes persons born between 1995 and 2002 – also termed iGen by US psychologist Jean Marie Twenge, author of the bestselling: “iGen: Why Today’s Super-Connected Kids Are Growing Up Less Rebellious, More Tolerant, Less Happy – and Completely Unprepared for Adulthood – and What That Means for the Rest of Us.”

Business 08 Apr 2019 | 12:00 AM

It’s Y2K revisited as GPS reset may send your devices haywire

WASHINGTON: Meet the Y2K-bug’s little brother.

Business 08 Apr 2019 | 12:00 AM

Herman Cain says he faces ‘cumbersome’ vetting for Fed seat

WASHINGTON: Former Republican presidential candidate Herman Cain said he will face a “cumbersome” process as he is vetted for a seat on the Federal Reserve Board.

Markets 26 Mar 2019 | 12:12 AM Premium

Lyft leading wave of startups that will make debuts with giant losses

Lyft last year posted a loss of $911 million, more than any US startup has ever lost in the 12 months leading to its IPO

Cryptocurrency 19 Oct 2018 | 11:02 PM

Most cryptocurrency offerings trading below listing price

NEW YORK: Almost a third of all cryptocurrencies that were financed through online fundraisers last year have lost "substantially all value," while the vast majority are trading below their listing price, according to an Ernst & Young report published on Friday.

Business 08 Sep 2018 | 12:00 AM

Grumbling about the new Malaysia

Speakeasy by S. Jayasankaran
An optimist believes we live in the best possible world. A pessimist is afraid that it might be true.

Business 30 Jun 2018 | 12:00 AM

Bitcoin bloodbath nears dot-com levels as many tokens go to zero

BITCOIN’S meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help cement its place in the bubble record books.

Business 12 Jun 2018 | 12:00 AM

Mars Petcare to buy European vet business AniCura

LONDON: Mars Petcare is to buy European animal hospital operator AniCura, its second such deal this month, as the world’s largest pet food maker expands its veterinary business amid a boom in pet-related spending.

Markets 28 May 2018 | 11:26 PM

Italian stocks plummet, FTSE posts new high

MILAN: Italian stocks slumped on Monday at the end of a roller-coaster session as investors fretted that new elections could see anti-establishment parties win more support.

SME 14 May 2018 | 12:00 AM

An education in business

WALKING down the corridors of Dwi Emas International School can be a different experience from other schools – the students don’t scatter out of sight when the teachers walk by.