SYDNEY: Australia's push to regulate tech giants has become a power struggle between two of the world's most powerful men, with Rupert Murdoch and Mark Zuckerberg locked in a generational battle for media dominance. Efforts in Australia to make Google and Facebook pay for news has garnered ...
TOKYO: SoftBank's US$100 billion Vision Fund is poised to have a new number-one asset in its portfolio with the upcoming flotation of top South Korean e-retailer Coupang, furthering a turnaround that has seen the fund yo-yo from huge losses to record profit. The US$50 billion target valuation that ......
British Airways-owner IAG said it raised total liquidity by 2.45 billion pounds (US$3.4 billion), reaching final agreement for a 2 billion pound loan, and through a deal to defer 450 million pounds of pension deficit contributions.
SYDNEY: Global tech firms in Australia unveiled a new code of practice on Monday (Feb 22) to curb the spread of disinformation online, following pressure from the government. The lobbying group DIGI - representing Facebook, Google, Twitter, Microsoft, TikTok and Redbubble - committed under the ...
GLOBAL logistics property player GLP has obtained its first sustainability-linked (SL) loan of US$658 million from 10 undisclosed banks that participated in the deal.
OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices, a decision that would help OPEC and its allies.
DIGITAL payments services firm MC Payment made its Catalist debut on Monday morning following the successful completion of the reverse takeover (RTO) of Artivision Technologies on Feb 18.
China's Baidu Inc and automaker Geely hired Mobike co-founder and former chief technology officer Xia Yiping as chief executive of their new electric vehicle venture, the search engine giant said on Monday.
The Chinese government has made an investment in BGI Genomics Co, a listed Chinese company that has supplied millions of COVID-19 tests globally as the gene firm seeks to fund exponential growth driven by the pandemic.
THE maximum central clearing tenor for over-the-counter Singapore Overnight Rate Average (Sora) derivatives by global clearing house LCH has been extended to 21 years from 5.5 years previously.
