BERLIN: German cybersecurity firm Avira said on Thursday that it had agreed to be acquired by US$31 billion alternative investment manager Investcorp. The deal to buy Avira, which was founded in 1986, was worth US$180 million, according to a source familiar with the matter. It is subject to anti...
The U.S. Senate has told its members to not use Zoom's video conferencing app due to data security concerns, the Financial Times reported on Thursday, even as the company attempts to stem a global backlash against its fast-growing app.
Switzerland's two big banks, UBS and Credit Suisse , said they decided to pay out part of their dividend for 2019 later this year after financial markets watchdog FINMA had criticised their decision to maintain a full payout during the coronavirus crisis.
SINGAPORE-BASED investors have been found to value confidence, financial comfort and risk tolerance more than investors in Hong Kong and Taiwan and are least likely to be impulsive with their investments.
SINGAPORE: The Monetary Authority of Singapore (MAS) said it has extended the assessment period for approving digital bank licences, citing the global escalation of the COVID-19 pandemic. Successful applicants will be informed in the second half of this year instead of in June, as originally ...
BRITISH life insurance and financial services company Prudential plc has priced US$1 billion worth of new notes, maturing in 2030, at 3.125 per cent.
SHANGHAI: Several Chinese online retailers have offered discounts on Apple's iPhone 11, Reuters checks on Thursday (Apr 9) revealed. The price drops come as the hardware company braces for an uncertain year for the smartphone sector, as the global spread of the coronavirus dampens demand while ...
A California retail developer claims the state's coronavirus lockdown was an act of God that prevented it from completing a US$4.2 million property acquisition, asking a court to prevent owner Exxon Mobil Corp from selling to any other buyers.
SINGAPORE’S digital banking contenders will need to wait a bit longer to know whether they are successful in their applications.
From Rupert Murdoch's News UK to McClatchy's chain of local newspapers across the United States, news publishers are attracting record numbers of readers as people in lockdown seek information about the coronavirus pandemic.
