HONG KONG: Hong Kong residents leaving the city to move to Britain could trigger capital outflows of HK$280 billion (US$36 billion) this year from the Asian financial centre, a new report published by Bank of America (BofA) said. Beijing's move to impose a national security law in June last...
Southeast Asian ride-hailing and food delivery giant Grab has raised more than US$300 million from investors led by South Korea's Hanwha Asset Management Co Ltd for its rapidly-expanding financial services business.
KUALA LUMPUR: Most of AirAsia X's (AAX) lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganisation, court documents filed this month show. In emails attached to the court filings, supportive lessors said they ...
French carmaker Renault pledged more cost cuts and to focus on a smaller number of profitable models as its new boss laid out plans to revive a business hammered by management turmoil and the COVID-19 crisis.
SINGAPORE: Courts will open a new flagship store at The Heeren by the first quarter of 2022, taking over the space to be vacated by department store Robinsons. The store is set to be Courts' largest retail space in Singapore, spanning six floors and 186,000 sq ft, the electrical, IT...
China's President Xi Jinping has asked former Starbucks chairman Howard Schultz to help promote trade between Washington and Beijing in a rare missive to a foreign business figure, state media reported Thursday.
Swiss recruitment company Adecco expects 2021 will be a tough year for permanent job hires across Europe, with employers still under pressure from the COVID-19 pandemic and as government support measures come to an end, a senior company executive told Reuters.
Trudging through snow while interviewing someone is just another day at the office for Prague-based recruiter Blake Wittman who has embraced new tactics to gain an edge during a pandemic that has roiled Europe's hiring market.
Bitcoin seems so flighty, some might argue you may as well consult a crystal ball, read the runes or stare at the stars to divine the direction of the capricious cryptocurrency.
WASHINGTON: The global pandemic has put the brakes on a number of mobility trends, prompting the transportation industry to rethink strategy. New options on display at the all-digital 2021 Consumer Electronics Show underscore the changes in mobility during the global health crisis, with more ...
