Last week, the Committee on Foreign Investment in the United States granted ByteDance a one-week extension until Friday over the order to shed TikTok's U.S. assets. President Donald Trump's August order gave the Justice Department the power to enforce the divestiture order once the deadline expired ...
United Airlines Holdings Inc said on Friday it had adopted a tax benefits preservation plan to protect the company's ability to use its large net operating loss carryforwards to reduce future federal income tax expense.
China’s economy is likely grow by around 2 per cent in 2020 significantly faster than the other major economies, which are facing contractions, says Yu Yongding.
Ford Motor Co is delaying the launch of its Bronco SUV next year to the summer from the initial spring target due to coronavirus-related issues with its suppliers, a company spokesman said on Friday.
Canadian Prime Minister Justin Trudeau declined on Friday (Dec 4) to comment on the possibility of a US deal with Chinese tech giant Huawei that could see its detained finance chief Meng Wanzhou allowed to return to China.
FROM early 2022, four digital banks will emerge onto Singapore's banking scene. The incumbents are already sounding the battle cry as the Covid-19 crisis marks digital finance as the way forward. They will also start a new chapter in Singapore's banking liberalisation story as regulators inject diversity...
GRAB and Singtel's consortium is making cybersecurity a top priority for their digital bank. This comes as the new entity faces increasing expectations to prove to regulators and consumers over the next year that its cybersecurity defences are robust enough.
STANCHART Singapore on Friday told The Business Times it is exploring an additional banking licence under the Significantly Rooted Foreign Bank (SRFB) framework in Singapore.
IFAST Corporation was not aware of the outcome of the results of the digital banking licence as at Friday afternoon, it said in an exchange filing at 3.09pm in response to a query by SGX.
Friday's big monthly U.S. payrolls report was a big disappointment, with roughly half the number of jobs created in November as were forecast by economists in a Reuters poll.
