SINGAPORE: British life, motor and home insurer Aviva said on Friday (Sep 11) it will sell its majority shareholding in its Singapore business to a consortium led by Singapore Life for S$2.7 billion (US$1.98 billion), as the company reduces focus on Asia. The Singlife consortium includes ...
U.S. President Donald Trump said on Thursday that he does not plan to extend a deadline for ByteDance to sell TikTok's U.S. business, with the process still mired in uncertainty.
U.S. consumer prices rose solidly in August, with the cost of used cars and trucks increasing by the most in more than 51 years likely as Americans shunned public transportation because of fears of contracting COVID-19.
The European Union should push ahead with its own digital tax in the first quarter of 2021 if broader efforts to find an international solution do not bring a breakthrough this year, the French finance minister said on Friday.
Japan's Nissan Motor Co will issue US$8 billion in dollar-denominated debt and is considering euro-denominated bonds, it said on Friday, as the troubled automaker looks to diversify its funding.
LVMH, the world's biggest luxury group, has called off its US$16-billion engagement to Tiffany. Wall Street however seems to think the U.S. jeweler will fare just fine by itself.
The holders of 9 billion euros (8.36 billion pounds) worth of bonds issued by LVMH to fund its now imperilled acquisition of Tiffany & Co have been left second-guessing as to when they might get their money back.
Britain on Friday announced its first major post-Brexit trade agreement - a deal with Japan - as its negotiations with the European Union become increasingly fractious.
U.S. consumer prices rose solidly in August, with the cost of used cars and trucks increasing by the most in more than 51 years likely as Americans shunned public transportation because of fears of contracting COVID-19.
LONDON: Tesla is in discussions with Canadian miner Giga Metals about helping to develop a large mine that would give the electric carmaker access to low carbon nickel for its batteries, three sources familiar with the matter said. Alongside its goal to reduce pollution from driving, Tesla is also...
