Micro News

Singapore has unveiled a medical app which allows patients with any symptoms to have a virtual consultation with a certified Doctor without having to leave their beds. The new Doctor app allows anyone with a smart phone to describe their symptoms, receive a consultation via video message and prescription…


After filing for bankruptcy protection last month, Air Berlin has been given an interim loan to the sum of €150 million whilst it finds alternative investors. This week, the EC released a statement confirming the approval for a German bridging loan that will allow the insolvent German airline to continue…


In efforts to entice international investors after 20 years of segregation, the Uzbekistan government has lifted many of the restrictions on foreign currency operations, which has not gone well for the economy so far. With the currency (the Uzbekistan som) value halving in less than a week following…


After buying WhatsApp, the messaging service used by more than a billion people every day, Facebook is looking to expand to new fields in order to increase revenue by expanding the app. The Facebook team have started building and testing features via a business related app aimed at SMEs and banks. Founded…


Last week President Trump pushed leaders of the US Congress in Washington to look at reforming the current tax system and start to implement tax cuts for individuals and companies which he says will bring back much needed overseas revenue. He stated the importance of reducing the what he called “crushing”…


After recent events, HSBC UK have been getting bad press after freezing funds for approximately 100 small UK firms who were caught up in false charges cases and had their bank accounts shut down. The mistake resulted in some cases of businesses funds being frozen, a move condemned by many industry lawmakers.…


The Deputy Tax Commissioner on behalf of the Cyprus tax department has started a month long campaign aimed to investigate all companies operating without an approved cash registers or with filed balace sheets that show discrepancies. The scheme will mainly affect around 400 tourism-related businesses…


Last week, Swiss commodities trader Glencore announced a huge shareholding transferal recently acquired by Russian oil giant Rosneft to Chinese multinational CEFC. Without mentioning the reasons behind the purchase, Glencore sold a 14% shareholding onto CEFC, with rumours circulating that the group had…



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