Chinese internet giant Tencent Holdings Ltd is in discussions to invest US$200 million in Warner Music Group, ahead of the record company's initial public offering next week, the Wall Street Journal reported https://www.wsj.com/articles/tencent-in-talks-to-buy-warner-music-stake-11590774885 ...
SINGAPORE: Hyflux’s high-profile debt restructuring seems to be hanging in the balance again after it said on Friday (May 29) that its S$400 million rescue deal with Middle Eastern suitor Utico has "ceased2 with the lapsing of the long-stop date earlier this week. The embattled water treatment ...
Britain said Friday it was pushing the United States to form a club of 10 nations that could develop its own 5G technology and reduce dependence on China's controversial technology giant Huawei.
It took just three days to sell shares in JDE Peet's as investors facing a dearth of opportunities because of the coronavirus-induced slow-down rushed to secure a dose of the world's No. 2 maker of packaged coffee.
U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.
REUTERS: Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the US$620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC. The panel, the Committee on Foreign Investment in the United ......
Wells Fargo & Co appointed Kevin Reen as chief risk officer (CRO) for its consumer lending arm and Bill Juliano to lead its operational risk management team as it revealed a new organizational structure to provide risk oversight.
Twitter Inc, Reddit and a group representing major internet firms backed two documentary film groups that have challenged the Trump Administration's 2019 rules requiring nearly all U.S. visitors to disclose social media user information from the prior five years.
Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that threatens to take the shine off another month of strong gains for the stock market.
Ryanair's Austrian carrier Lauda said on Friday it was closing down its Vienna base after failing to reach an agreement with unions on pay, and had already relocated many of its 15 planes to other bases.
