Lazard Ltd has hired restructuring banker Sam Whittaker from PJT Partners to oversee negotiations between companies and their creditors across Europe, the Middle East and Africa as a second wave of COVID-19 leaves many businesses fighting for survival.
Australian wealth manager AMP Ltd on Monday said a buyout offer from U.S.-based Ares Management Corp had an implied value of AUS$1.85 per share, valuing the proposal at AUS$6.36 billion (US$4.47 billion).
The U.S Commerce Department said on Sunday it would "vigorously defend" an executive order that seeks to bar transactions with Chinese-owned short video-sharing app TikTok after a judge blocked the action.
EU and British Brexit negotiators will continue talks in Brussels on Monday and until around mid-week, sources on both sides said on Sunday, in a sign both sides are still pushing to avoid a damaging trade rupture in less than nine weeks.
A global aviation manual now under review by a UN body suggests global guidelines calling for the use of highly reliable tests when screening passengers to detect the novel coronavirus ahead of flights, three sources familiar with the matter said.
Honor of Kings, Tencent's flagship video game, announced a record 100 million daily active users worldwide and said it was expanding into other genres and forming a tie-up with British luxury group Burberry.
SINGAPORE: Technology - it is one of the few sectors still hiring despite the COVID-19 economic fallout; it is what has enabled many employees to work from home amid the pandemic; it could also displace many jobs over the next few years. According to the World Economic Forum in its latest Future...
SINGAPORE: Some Robinsons customers are reporting delays or cancellations on the delivery of mattresses they purchased, as bedding suppliers await their payments amid the retailer's liquidation process. Acknowledging the "concern and anxiety" of affected customers, Robinsons on Sunday (Nov 1) ...
JAKARTA: Indonesia will see a significant boost in trade and investment from the United States as a result of Washington's renewed trade preference facility with Southeast Asia's largest economy, a top Indonesian official said on Sunday (Nov 1). "The ambition of the government is to double (US ...
SEOUL: South Korean exports slipped back into contraction in October, as the Chuseok holiday cut working days, although chip and car sales remained robust, government data showed on Sunday (Nov 1). Exports slid 3.6 per cent from a year earlier to US$44.98 billion, after a 7.6 per cent jump in ...
