Business

Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services). Simply put, it is “any activity or enterprise entered into for profit. It does not mean it is a company, a corporation

There’s a big week ahead for the market with an earnings deluge, GDP data and stimulus negotiations

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A picturesque hilltop village in Italy will pay you to move and work there

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The village of Santo Stefano di Sessanio in the Abruzzo region of Italy has launched an initiative to attract new younger residents. Atlantide Phototravel | Getty Images The Italian village of Santo Stefano di Sessanio is hoping to attract new younger residents by offering them grants totaling as much as 44,000 euros ($52,022).  The picturesque … Read more

Barclays crushes expectations for the third quarter as provisions for loan losses fall

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Barclays Bank building Chris Ratcliffe | Bloomberg | Getty Images Barclays on Friday reported a net profit of £611 million ($797.7 million) for the third quarter, as the British lender attempts to plot a recovery from the coronavirus pandemic. The bank’s net profit attributable to shareholders more than doubles analyst expectations of £273.5 million, comes … Read more

Chinese fintech giant Lufax seeks up to $2.36 billion in U.S. IPO

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A logo of of Lufax website Lu.com, is seen at the company’s headquaters on May 28, 2020 in Shanghai, China. Wu Jun | Visual China Group | Getty Images GUANGZHOU, China — Chinese lending and wealth management firm Lufax is seeking up to $2.36 billion from a U.S. initial public offering (IPO). Earlier this month, … Read more

Huawei’s growth slows sharply as U.S. sanctions bite

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Huawei headquarters building is pictured in Reading, Britain July 14, 2020. Matthew Childs | Reuters GUANGZHOU, China — Huawei’s revenue growth slowed sharply in the third quarter while its margin dipped as U.S. sanctions disrupt its business. Revenue for the September quarter came in at 217.3 billion yuan ($31.91 billion), up just 3.7% from the … Read more

Here are the key moments from the final Trump-Biden presidential debate

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President Donald Trump and former Vice President Joe Biden were hardly cordial in their final debate — but both candidates seem to have taken to heart the largely negative reaction to their vicious first showing. There was less fury and more urgency in the 90-minute debate in Nashville on Thursday night, just 12 days out … Read more

Uber and Lyft face setback in case to reclassify workers, but it’s far from over

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Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., listens during a panel discussion at the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 26, 2018. Mark Kauzlarich | Bloomberg | Getty Images Uber and Lyft must comply with a preliminary injunction requiring them to stop classifying drivers as independent contractors pending … Read more