Hotel operator Marriott International on Monday reported its first quarterly loss in nearly nine years, as extended travel disruption due to the COVID-19 pandemic hammered bookings.
Malaysia's Top Glove Corporation said on Monday it had begun making remediation payments to migrant workers who were employed by the world's largest medical glove maker before 2019, when it put in place ethical recruitment practices.
U.S. stock index futures were in a flat-to-slightly higher range on Monday as markets looked to executive orders from President Donald Trump over the weekend to support the economy until more concrete stimulus could be passed.
WASHINGTON: A bipartisan group of 13 US senators have asked the US Trade Representative's Office (USTR) to remove 25 per cent tariffs imposed in October 2019 on European Union food, wine and spirits, according to a letter seen by Reuters. The tariffs, in retaliation for EU subsidies on large...
As the clock ticked past midnight on Aug. 4, Argentine negotiators knew a deal was close to break the deadlock on a US$65 billion debt deal, one of the biggest ever sovereign restructurings which has tested global financial markets.
Beijing-based ByteDance, the owner of global short video hit TikTok, is taking steps to move into the online stock brokerage and wealth management business in Hong Kong, trademark registration documents show.
HONG KONG: Shares in media company Next Digital surged more than 340per cent on Monday as supporters of its chairman Jimmy Lai, a staunch democracy activist, scooped up the stock after he was arrested under Hong Kong's new national security law. Lai, a critic of Beijing, is the highest...
SINGAPORE: Singapore's Temasek Holdings is terminating its S$4.1 billion conditional offer for conglomerate Keppel Corp by invoking a material adverse change (MAC) clause following the company's poor financial results. After Keppel reported a large second-quarter loss that breached a threshold in ...
Shares in a Hong Kong media group critical of Beijing soared more than 300 percent on Monday as democracy activists hit social media urging investors to support the media company after its owner was arrested under the city's new security law.
When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to keep the lights on.
