FinTech has thrived in other jurisdictions compared to China because of the presence of regulation, says Chris Skinner.
General Motors Co is planning to apply for a banking charter that would allow its lending unit to hold deposits and expand its auto-finance business, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Hyundai Motor Co and Kia Motors' U.S. units on Friday agreed to a record US$210 million civil penalty after U.S. auto safety regulators said they failed to recall 1.6 million vehicles for engine issues in a timely fashion.
Wall Street stocks advanced and the Nasdaq closed at a record high on Friday in a holiday-shortened week, as retailers kicked off the year-end shopping season amid record COVID-19 hospitalizations.
Wall Street stocks advanced and the Nasdaq closed at a record high on Friday in a holiday-shortened week, as retailers kicked off the year-end shopping season amid record COVID-19 hospitalizations.
Airbus has found homes for six A320neo-family aircraft rejected by one of its largest customers, Malaysia's AirAsia, as it makes further progress in reducing a surplus of jets left by the coronavirus crisis, industry sources said.
UniCredit is working with strategic advisers Goldman Sachs and JPMorgan, three people close to the matter said, as it prepares to update its business plan next year and weighs a potential acquisition of state-owned peer Monte dei Paschi.
SINGAPORE: Farms in the rural area of Lim Chu Kang are welcoming more visitors as Singapore residents - unable to holiday overseas amid the COVID-19 pandemic - explore the country for new experiences. “If you compare to a year ago, I think footfall has almost doubled. We get about 400 to...
Airbus has found homes for six A320neo-family aircraft rejected by one of its largest customers, Malaysia's AirAsia, as it makes further progress in reducing an overhang of jets left by the coronavirus crisis, industry sources said.
SINGAPORE: HDT Singapore Holdings will shut its electric taxi business due to the “prolonged debilitating impact” of the COVID-19 pandemic. HDT’s application to the Land Transport Authority (LTA) to exit the taxi business has been accepted, the firm said in a joint media release with the National ...
