SINGAPORE banks have guided on the size of provisions that can cover the impact from the Covid-19 outbreak ahead, but analysts say the lenders may have to stomach more if the disruption to supply chains and consumer demand extends beyond the first half of this year. ...
Netflix Inc on Monday announced plans to launch a new Top 10 feature that will allow users to see the most popular TV series and films in their country.
Drugmaker Mallinckrodt Plc is considering a Chapter 11 filing covering its U.S. generics business, the Wall Street Journal reported on Monday citing people familiar with the matter. (https://on.wsj.com/3c3rwqH)
Bank of America has appointed Jérôme Morisseau as its head of investment banking for France as it seeks to bolster its Paris franchise and win more business from large French clients, a memo seen by Reuters said.
As fears about the coronavirus catch up to U.S. markets, investors are watching closely to see if the outbreak freezes global supply chains and spreads far enough to be called a pandemic.
As concerns over the spreading coronavirus outbreak hammered U.S. stocks, one corner of the market was confronted with another potentially game-changing prospect: a Bernie Sanders nomination.
Renault said on Monday it had filed a civil-party petition after French prosecutors last week opened a formal investigation into alleged misappropriation of funds at the French carmaker.
Veteran Bank of America banker Wadih Boueiz has resigned after a career spanning 21 years, a source with knowledge of the matter told Reuters.
Hedge fund Third Point LLC has amassed more than a US$2 billion stake in Prudential Plc and plans to push Britain's biggest insurer to split into two companies, people familiar with the matter said on Monday.
Japan's Sony, which lags its South Korean and Chinese rivals in smartphone sales, on Monday unveiled a new handset featuring advanced camera technology to boost its appeal for video and film professionals.
