China's Ant Group Co Ltd is planning to refashion itself as a financial holding company under the supervision of China's central bank in the face of regulatory pressure, the Wall Street Journal reported on Wednesday.
Coty Inc said on Wednesday it would close its manufacturing site in Cologne, Germany as a part of its efforts to consolidate its fragrance manufacturing operations.
JPMorgan Chase & Co will launch a digital consumer bank in Britain under its Chase brand within months, the U.S. banking giant said on Wednesday.
Boeing Co posted a record annual loss of US$11.94 billion on Wednesday and said it would delay its all-new 777X jet again, as the COVID-19 pandemic added to its troubles with the 737 MAX.
During the last three months of 2020, Apple Inc delivered its flagship iPhone 12 model weeks later than normal iPhone debuts and shuttered some of its stores due to the pandemic.
AT&T Inc's monthly bill-paying customers more than tripled in the fourth quarter, as the wireless carrier benefited from an uptick in demand for its 5G services as people continued to work from home following fresh pandemic curbs.
Boeing's 737 MAX airliner is safe to return to service in Europe, the European Union Aviation Safety Agency (EASA) said on Wednesday, lifting a 22-month flight ban after two crashes of the jet which caused 346 deaths.
WASHINGTON: The Federal Reserve is expected to keep U.S. monetary policy locked in crisis-fighting mode at its meeting ending on Wednesday as policymakers assess an economy still struggling through the shock of a pandemic but looking forward to relief from ongoing vaccinations and new ...
REUTERS: Shares of videogame retailer GameStop surged another 130 per cent on Wednesday (Jan 27) in pre-market trading as amateur investors continued to pile into the stock that has skyrocketed nearly 700 per cent over the past two weeks. The share spikes in GameStop and others including ...
TO KICK off the financial sector's next phase of growth, Singapore will have to continue prioritising the development of local workers, said Minister of Manpower and Second Minister for Home Affairs Josephine Teo on Wednesday.
