Walmart Inc's Flipkart said on Tuesday it would create 70,000 new jobs and employ many more as delivery partners and in other roles as it prepares for a surge in online shopping during the busy Indian festive season.
SoftBank Group Corp paused share repurchases over Aug. 4-31 ahead of major asset sales announcements, a stock exchange filing showed on Wednesday, in a drop-off in support for the stock after spending 1 trillion yen (US$9.4 billion) since March.
Apple Inc shares have soared this year even as a pandemic has crippled economies around the world, thanks in large part to booming product sales that have beat Wall Street expectations.
Retail sales in China have grown for the first time since the coronavirus pandemic began, official data showed Tuesday, as the world's second-largest economy promotes domestic spending as part of its recovery.
Sweden's H&M , the world's second-biggest fashion retailer, on Tuesday reported a preliminary third quarter profit before tax of around 2 billion crowns (US$229 million).
UOB on Tuesday said it has offered a two-year US$200 million sustainability-linked loan to Wilmar International.
Douyin, the Chinese version of short video app TikTok, hit 600 million daily active users in August, an executive with parent company ByteDance said on Tuesday, a 50per cent jump since the start of the year.
Domino's Pizza Group said on Tuesday it was creating 5,000 new jobs in the UK, including chefs and delivery drivers, on top of the 6,000 jobs it had created since the start of the coronavirus pandemic.
THE forbearance agreement between Floatel International and an ad-hoc committee (AHC) of holders of its US$400 million senior secured, first-lien 9 per cent bonds has again been extended, this time to Sept 30, from Sept 15.
THE Wealth Management Institute (WMI) on Tuesday announced an industry collaboration to develop a strong talent pipeline for the "fast growing" asset management industry.
