THE logistics and data centre arm of Keppel Corp is divesting its 24.01 per cent equity interest in Thailand-listed Business Online Public Company Limited (BOL) for about 827.6 million baht (S$36 million) in cash.
Nissan Motor Co's U.S. lending arm agreed on Tuesday to pay a US$4 million U.S. fine to settle a government agency's allegation that it improperly repossessed hundreds of consumers’ vehicles.
Walt Disney Co's revamp of its media and entertainment businesses represents Hollywood's latest move to prioritize streaming media, raising questions about how much big media companies will continue to support movie theaters.
US drugmaker Eli Lilly and Co said on Tuesday (Oct 13) that the government-sponsored clinical trial of its COVID-19 antibody treatment has been paused because of a safety concern.
General Motors Co on Tuesday filed an appeal with the 6th Circuit Court of Appeals in Cincinnati, seeking reinstatement of its racketeering lawsuit against Fiat Chrysler Automobiles NV .
Oil prices rebounded on Tuesday, supported by robust economic data from China that offset returning supply in other regions but gains were capped by forecasts for a slow recovery in global oil demand as coronavirus cases rise.
Citigroup Inc’s outgoing chief executive came under fire on Tuesday for mistakes that have led to regulatory penalties during a conference call to discuss quarterly results, with analysts questioning his pay and why he is not leaving immediately.
Oil prices rebounded on Tuesday, supported by robust economic data from China that offset returning supply in other regions but gains were capped by forecasts for a slow recovery in global oil demand as coronavirus cases rise.
Italian bank UniCredit on Tuesday said it had named economist Pier Carlo Padoan as director and would appoint the former Treasury chief as chairman when it renews the board next spring.
Johnson & Johnson on Tuesday said it will contribute up to US$1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic, bringing the total amount it would pay to US$5 billion.
