French telecoms billionaire Xavier Niel has teamed up with the former boss of Unibail-Rodamco-Westfield to oppose the shopping mall group's planned 3.5 billion euro rights issue.
TAIPEI: Taobao Taiwan shut its e-commerce site on Thursday (Oct 15) after the government ordered the firm to re-register as China-backed or leave the island in a drive to step up scrutiny of Chinese firms amid rising tension with Beijing. British-registered Claddagh Venture Investment, which runs ...
Uber Eats' South African unit on Thursday expanded delivery offerings, launching an app-based over-the-counter medicines service as it seeks to claw market share in the fast-growing online shopping sector in Africa's most industrialised economy.
Italian luxury designer Brunello Cucinelli makes men's suits that sell for up to 7,000 euros (US$8,200). But even he - like most people across the globe - hasn't worn a suit for months, let alone bought one.
TOKYO: Japan's government will waive airport landing fees worth up to 12.5 billion yen (US$120 million) to ease the financial burden on airline operators, two sources familiar with the matter said, as they reel from a drop in traffic due to the COVID-19 pandemic. The government will waive about 50...
SINGAPORE: Private developers sold 1,329 new homes excluding executive condominiums in September, marking the highest monthly sale in more than two years. Last month's private home sales volume is the highest since July 2018, when 1,724 units were sold when sales surged as buyers tried to avoid ...
As Ant Group was working in August towards its giant IPO, at least two smaller Chinese banks with existing ties to the fintech firm decided to stop sourcing new consumer loans from it, people with knowledge of the matter said.
LONDON: Standard Chartered Plc's venture capital arm SC Ventures has made a strategic investment in Secret Double Octopus, a Tel Aviv-based startup providing authentication technology that removes the need for passwords, the companies said on Thursday. The financial terms of the deal were not ...
NEW YORK: Amazon.com has reinstated warehouse productivity quotas despite telling a judge it was suspending them during the COVID-19 pandemic, Bloomberg News reported on Wednesday (Oct 14), citing a court filing by company workers. The lawsuit claims the company's "oppressive and dangerous" ...
SYDNEY: Virgin Australia's Chief Executive Paul Scurrah will step down within weeks once the airline's sale to US private equity group Bain Capital is completed, the airline's administrator said on Thursday (Oct 15). Jayne Hrdlicka, a former head of the Jetstar budget offshoot of Qantas Airways ...
