KUALA LUMPUR: Audit firm Deloitte PLT will pay Malaysia's government US$80 million to resolve all claims related to its auditing of accounts of scandal-linked state fund 1MDB and its unit SRC International from 2011 to 2014, the finance ministry said on Wednesday (Mar 3). Deloitte has been under ......
LONDON: Britain will modernise its listing rules to attract more high-growth company and so-called blank cheque flotations, Finance Minister Rishi Sunak said after a government-backed review said London was on the back foot after Brexit. The London Stock Exchange is facing tougher competition from ...
British insurer Prudential expects to split off its U.S. business in the second quarter, it said on Wednesday as it posted a 4per cent rise in full-year operating profit on the back of strength in Asia.
DUBAI: Anghami, which operates a music streaming app popular in the Middle East and North Africa, said on Wednesday it will become the first Arab tech company to list on the Nasdaq after agreeing to merge with a special purpose acquisition company (SPAC). The deal implies an enterprise value...
The U.S. Senate is expected to take up President Joe Biden's US$1.9 trillion coronavirus relief package on Wednesday, with fellow Democrats seeking to advance key priorities and jettison aspects that have drawn unflattering scrutiny.
The number of charging points for electric vehicles in Germany has increased by more than 10per cent in the past three months to reach 39,538, energy industry association BDEW said on Wednesday.
The Texas electricity regulator meets Wednesday for the first time since a devastating winter storm fueled a financial crisis in its power market, amid calls to slash billions of dollars from costs facing businesses and consumers.
U.S investment company Artisan Partners on Wednesday said Danone needed to appoint a new, independent chairman, adding more pressure on Emmanuel Faber who is the French food company's current chairman.
Telecoms equipment maker ZTE Corp is joining a number of Chinese technology companies entering the electric vehicle market as it looks to build a team for a new product line, a company spokeswoman told Reuters.
A sharp spike in bond yields last week caught some hedge funds unaware, and saw macro and long-short funds in general give back February profits to end the month modestly up, several market participants said.
