THE Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the National University of Singapore (NUS) will jointly set up a research institute that supports the needs of digital financial services in Asia.
Match Group Inc beat Wall Street estimates for quarterly revenue on Tuesday and forecast current-quarter sales above expectations as its online dating app Tinder attracted more users during the COVID-19 pandemic.
Virgin Atlantic Airways Ltd is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to shield assets in this country, according to a court filing on Tuesday.
Diageo Plc , the world's largest spirits maker, took a 1.3 billion pound writedown as it reported a bigger than expected decline in underlying net sales on Tuesday as demand for its whisky, vodka and gin fell in nearly all markets.
A deal allowing Microsoft to buy social media phenomenon TikTok could be transformative for the US tech giant's efforts to become more consumer-focused -- if it can overcome the business and political risks.
U.S. investment firm KKR has agreed to extend its binding offer for a minority stake in Telecom Italia's secondary grid until end-August at the request of the Italian government, two sources close to the matter said on Tuesday.
The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co's announcement of a US$765 million government loan to make drugs at its U.S. factories, the Wall Street Journal reported on Tuesday.
South Africa's Labour Court on Tuesday ordered state defence firm Denel to pay workers outstanding salaries for May, June and July by Friday, Aug. 7, a copy of the court judgment showed.
The United States will take action in coming days on the popular short-video app TikTok and other Chinese apps, White House spokeswoman Kayleigh McEnany told reporters at a briefing on Tuesday, but gave no other details.
LONDON: Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89 per cent of the world’s carbon dioxide, a study released on Tuesday (Aug 4) showed, amid growing pressure on the industry to bring levels down. About 90 per cent of world trade is...
