Nomura Holdings Inc is considering having fewer staff work at its Tokyo headquarters permanently now that the coronavirus pandemic has spurred a huge shift to remote working, its chief executive said.
SINGAPORE: United Arab Emirates utility firm Utico said it "remains committed" to a S$400 million rescue deal with Hyflux, a day after authorities in Singapore launched criminal investigations into the troubled water treatment firm and its directors. “Utico remains committed to the restructuring ...
SYDNEY: Australia's economy has fallen into recession, the country's treasurer said on Wednesday (Jun 3), after official data showed gross domestic product fell last quarter as entire business sectors were closed to fight the coronavirus. The AUD$2 trillion (US$1.39 trillion) economy contracted 0 ...
Renault finalised on Wednesday a 5 billion euro (US$5.60 billion) loan from with the French government, strengthening the carmaker's finances in the wake of the coronavirus pandemic which has ravaged the auto industry.
The U.S. government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of aggression against New Delhi, a senior Indian government source said on Wednesday.
Facebook Inc has signed a global licensing deal with one of India's largest music labels, allowing users to choose from a large catalogue of Bollywood music for their Facebook and Instagram posts, the music company said on Wednesday.
German airline Lufthansa posted a net loss of 2.1 billion euros (US$2.35 billion) in the first quarter, writing down the value of assets as the coronavirus pandemic hits the travel sector.
A survey of U.S. businesses on Wednesday revealed deep fears for the future of their operations in Hong Kong if China imposes national security legislation that critics say could curb the financial centre's freedoms and fuel ongoing protests.
Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region's tropical storm season begins, as hundreds of aircraft grounded by the coronavirus pandemic can't be moved easily.
Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26 per cent in May from the previous month, with strong growth from cities where coronavirus-induced restrictions have been eased.
