Malaysia Airlines Bhd said on Friday it has reached out to lessors, creditors and key suppliers as the company embarks on an urgent restructuring exercise.
SINGAPORE-HEADQUARTERED fintech startup RootAnt has bagged almost US$1.5 million in a seed funding round led by Linear Capital and with co-investor KZM & Company Group.
Oil prices extended losses to fall around 2per cent on Friday after U.S. President Donald Trump tested positive for the coronavirus, while a U.S. stimulus package eluded negotiators amid ongoing worries about demand.
Investments by China's Huawei are not regular market transactions but rather "predatory actions" and all countries should ban them, U.S. Secretary of State Mike Pompeo said in a newspaper interview on Friday.
Norwegian oil and gas firm Equinor plans to cut its exploration staff by about 30per cent globally by 2023 to reduce costs as the COVID-19 pandemic reduces demand for petroleum, the company said on Friday.
HONG KONG: US futures and most Asian equities sank on Friday (Oct 2) after Donald Trump announced he and his wife had tested positive for coronavirus. The news compounded uncertainty on trading floors, where investors were already in a pessimistic mood owing to US lawmakers' failure to pass a...
Norwegian oil and gas firm Equinor plans to cut its exploration staff by about 30per cent globally by 2023 to reduce costs as the COVID-19 pandemic reduces demand for petroleum, the company said on Friday.
HONG Kong-based financial services firm AMTD Group is setting up a professional services arm, after acquiring a controlling interest in the non-assurance business of accounting and consulting firm Nexia TS for an undisclosed sum.
SINGAPORE: Close to S$10 million worth of Jobs Support Scheme (JSS) payouts were denied to 444 employers, either partially or in full, after "unacceptable practices" were observed, said the Inland Revenue Authority of Singapore (IRAS) on Friday (Oct 2). Some of these practices include employers ...
Investments by China's Huawei are not regular market transactions but rather "predatory actions" and all countries should ban them, U.S. Secretary of State Mike Pompeo said in a newspaper interview on Friday.
