EU antitrust regulators have set a July 16 deadline for a decision on whether to clear French TGV high-speed train maker Alstom's bid for Bombardier Inc's rail division, according to a filing on the European Commission website.
The founder of the firm behind Hello Kitty is stepping down aged 92 and handing the reins to his 31-year-old grandson -- the first change in leadership in the company's six-decade history.
SoftBank's share buybacks slowed in May, a company filing showed on Friday, although total purchases to support its share price since March reached 312 billion yen (US$2.9 billion).
ADDIS ABABA: In a suburb of Addis Ababa, 10-year-old Kiya Daniel and her little sister Ruth were eagerly anticipating one of the biggest events on Africa's annual sporting calendar. But when the coronavirus put paid to the Great Ethiopian Run, they overcame their disappointment by signing up for ......
As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.
SINGAPORE: United Arab Emirates utility firm Utico has agreed to extend the deadline for its S$400 million restructuring agreement with Hyflux to Jun 30, it said on Friday (Jun 12). In a press statement, Utico also revealed that two parties have "approached it to partner for (the) acquisition of ......
Ship owners are postponing or cancelling the installation of "scrubbers" that extract harmful sulphur emissions from their vessels as the coronavirus pandemic tightens finances.
China on Friday said Twitter should shut down accounts that smear China if it wants to fight disinformation, arguing that the country is the biggest victim of disinformation.
A ransomware attack has shut down the biggest brewer in Australia and New Zealand, cutting supplies to pubs and restaurants just as the countries emerge from coronavirus lockdown, the company said Friday.
U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three sources told Reuters, in a move that would expand a relationship between the two sides.
