ByteDance founder and CEO Yiming Zhang's decision to drop his pursuit of a sale of TikTok's U.S. operations to Microsoft Corp in favor of a partnership with Oracle Corp was the culmination of weeks of pressure from China's government and the Beijing-based firm's investors, according to people ...
Undaunted by hefty writedowns on its Australian gas assets, Royal Dutch Shell sees its liquefied natural gas business and "new energy" acquisitions Down Under as core to its long term plans, the Australian unit's chairman said on Tuesday.
TOKYO: Former Nissan Motor Co Ltd executive Greg Kelly denied charges he helped ex-boss, Carlos Ghosn, hide income as the American lawyer's trial opened in Tokyo on Tuesday almost two years after Japanese prosecutors arrested the pair. Kelly, who has been on bail in Japan since his release from...
Former Nissan executive Greg Kelly on Tuesday pleaded not guilty to charges he helped ex-boss Carlos Ghosn under report income as his trial began in Tokyo.
Chinese gaming and social media group Tencent said on Tuesday it would open a new office in Singapore that will be its regional hub for Southeast Asia.
China's finance ministry said on Tuesday it will extend existing tariff exemptions for 16 products from the United States including lubricants, whey and fish meal by an additional year.
SEOUL: South Korea's budget carrier T'way Air said it will launch flights to Wuhan, China, on Wednesday (Sep 16), making it the first international carrier to fly to the city after flights were suspended earlier this year due to the COVID-19 outbreak. The once-a-week round-trip flights between ...
Coronavirus-ravaged economies across the Asia Pacific will make a "swoosh-shaped" recovery next year, the Asian Development Bank forecast Tuesday, but it warned that further restrictions to combat the contagion could derail the region's return to growth.
India's telecoms watchdog on Monday said over-the-top (OTT) communication services do not currently need a regulatory framework, casting aside the threat of potential restrictions on platforms such as Facebook , WhatsApp and Google .
Oil prices inched lower on Tuesday as a bleaker outlook for global fuel demand prompted fresh selling, but short-covering ahead of a meeting later this week of OPEC and its allies, known as OPEC+, limited losses.
